Agricultural Economics Commons^™

An Economic Assessment Of Precision Conservation With On-Farm Precision Experiment Data, Karina A. Schoengold, Badri Khanal, Taro Mieno, David S. Bullock

Cornhusker Economics

Using a novel dataset that includes within field variation in productivity, we find that partial field retirement for a prairie strip can not only provide conservation benefits, but can also be economically beneficial. We note that these results are for a single field with one year of data, and that additional years of production and fields are essential to determine how much these results can be generalized. We also note that precision systems can be costly, and a comparison of outcomes with and without this information is essential to determine if investing in such systems is profitable. However, variable rate …

Hunting Lease Comparisons For Wild Game Across Nebraska In 2025, Jim Jansen

Cornhusker Economics

The Nebraska Farm Real Estate Market Survey and Report 2024-2025 provides insight into recent trends in the market value of land and cash rental across the state. Each year, the special feature section covers topics on new or emerging issues related to the agricultural land industry in Nebraska. These topics reflect the interest expressed by panel members and readership of the Nebraska Farm Real Estate Market Highlights Reports. The special feature section in 2025 focuses on hunting rental arrangements in Nebraska, including the types of wild game commonly hunted and the value associated with leasing these rights.

Landowners seeking to …

Economic Analysis Of Stockers Grazing Botanically Diverse Summer Annual Pasture, Kelly M. Mercier, Christopher D. Teutsch, S. Ray Smith, Kenneth H. Burdine, Eric S. Vanzant, Edwin L. Ritchey

Journal of Extension

Economic analyses were performed to determine the feasibility of retaining weaned fall-born calves on summer annual pastures (a monoculture, a 3-species mixture, or a 12-species mixture). Average daily gain was reduced by 0.3 lbs/day in calves grazing the complex mixture in two out of three years. Enterprise budgeting illustrated that retaining calves on summer annual forages was not economical. Two-way net return tables indicated that this scenario would only be profitable when cattle prices are high and pasture establishment costs are low. Extension educators should be sure to emphasize the economic risks when discussing these systems.

Partial Budgets Quantify Economic Outcomes Of Soil Health Management For Farmers, Jessica A. Kelton, W. Archie Flanders, Emily P. Ball, Dianna K. Bagnall, C. Wayne Honeycutt

Journal of Extension

Implementation of soil health management systems, such as reduced tillage and cover cropping, can reduce soil erosion, increase water infiltration, and improve soil productivity. Adoption of these practices can also improve net farm income, but effects vary based on region, commodity, and production methods. A partial budget analysis approach was used to evaluate impacts of adoption of soil health management systems on profitability from a regional, on-farm, perspective. The approach provides farmers with a resource to support decisions when considering the adoption of soil health management systems.

Tractors On The Mall: Unraveling The New Deal, Political Shifts, And The 1980s Farm Crisis, Tracy M. Neblina

UNLV Theses, Dissertations, Professional Papers, and Capstones

In the 1980s, Midwestern farmers faced an economic crisis that rivaled the Great Depression. Agricultural policy in the 1970s and 1980s led to a boom and bust for many of the nation’s farmers, causing the decline in rural communities in the middle of the country. During this period, more efficient agricultural production, shifting federal policy, high inflation, and devalued farmland led farmers in the Midwest to face incredible economic hardships, loss of land, changes in their communities, and challenges to their sense of purpose and identity. The Farm Crisis of the 1980s furnishes an extraordinary opportunity to investigate a confluence …

Four Nebraska Public Power District (Nppd) Irrigation Electricity Purchase Options, Matt Stockton

Cornhusker Economics

Farm managers are destined to face a myriad of choices while looking for and seeking the right balance between methods and outcomes that satisfy their individual farm’s needs. Successful farms require productivity, profitability, and continuity. This holds true for the many production choices made throughout the year. One of these opportunities is the purchase of electricity for irrigation. Nebraska is a unique state in that its electric power is generated and delivered by public power companies. The largest single entity in that system is NPPD, which serves all or part of 84 of the 93 counties within the state. NPPD …

Larkspur Cut Flower Production In Utah, Nick Volesky, Melanie Stock

All Current Publications

Larkspur is an annual crop that provides vertical structure, height, and balance to floral arrangements. Stems also dry well, making them ideal for dried floral designs and other products. Paired with low input costs compared to many other flowers, larkspur is a competitive local crop for small farms. Utah State University (USU) trialed three colors for each Cannes, Fancy, and QIS^TM series (C. ajacis) in 2023 and 2024. This fact sheet covers site preparation, direct sowing and plant density, nutrient management, irrigation, pests and disease, harvest and storage, and economics.

Managing Undesirable Vegetation Transitions On The Landscape: A Study Of Perceptions Of Conservation Professionals In Nebraska And Montana, Anubrata Deka, Simanti Banerjee, Theresa Floyd

Cornhusker Economics

In this bulletin, we have provided a descriptive analysis of the perceptions of conservation professionals in Nebraska and Montana, two states where the rangeland ecosystem is facing a large-scale transition from native grasses to invasive trees and grasses. This analysis provides an initial understanding of the different factors that can influence adoption of policy initiatives by conservation professionals. When considered alongside insights into the management behaviors of ranchers—whose productivity and profitability are adversely affected by these transitions—this information helps form a more comprehensive picture of the ecological and economic impacts of UVTs, as well as strategies for their mitigation. In …

Social Networks And The Demand For Credence Agricultural Technologies, Yurani Arias-Granada, Jonathan Bauchet, Jacob Ricker-Gilbert, Kajal Gulati

Department of Agricultural Economics Faculty Publications

Little is known about the adoption of agricultural technologies that enhance unobservable attributes, such as food quality and food safety. Social networks can potentially be a key tool to disseminate information about such technologies, because informal discussions among network members could counter the lack of observability and awareness of the benefits of such technologies. To inform this issue, we conducted a field experiment that included experimental auctions and a lottery to estimate how social networks influence the demand for Aflasafe, a new food safety-enhancing technology, among smallholder farmers in Senegal. Aflasafe is an agricultural input that controls aflatoxins, which are …

Two Essays On Index-Based Risk Management In U.S. Rangeland And Livestock Production, Wajdi Belgacem

Dissertations and Doctoral Documents, University of Nebraska-Lincoln, 2023–

This dissertation investigates two distinct but complementary dimensions of risk management in United States rangeland agriculture. Essay 1 measures spatial variation in basis risk within the Pasture, Rangeland, and Forage (PRF) rainfall-index program for 176 Nebraska grid cells (1988–2023). By linking official NOAA rainfall indices with 30-m Rangeland Analysis Platform biomass estimates, we find rainfall–forage correlations that peak at 0.45 but display pronounced heterogeneity. The probability that neither insured interval triggers during an actual forage loss averages 12%, rising to nearly 30% in several Sandhills cells, whereas optimally pairing late-spring and summer intervals reduces complete misses below 10%. These results …

The Future Research Direction Of Cgiar: Lessons Learned From One Cgiar, Katie Loethen

Graduate Theses and Dissertations

Since its founding in 1971, CGIAR (formerly the Consultative Group on International Agricultural Research) has been at the forefront of agricultural innovation, credited with launching the Green Revolution and delivering 1.78 trillion USD in net present value (NPV) benefits globally, particularly in low- and middle-income countries. Despite these accomplishments, CGIAR now faces internal and external pressures that threaten its future impact. The 2019 reorganization into “One CGIAR” aimed to enhance coordination but has been criticized for adding bureaucracy and reducing scientific autonomy. Simultaneously, public funding for agricultural research is shrinking, while private sector investment often overlooks low-margin, high-need areas central …

Pricing The Unknown: An Analysis Of Expected Value Of Young Horses And Price-Determining Factors, Rupasri Sura

Graduate Theses and Dissertations

From a seller’s point of view in a market, it is crucial to plan the pricing strategies based on perceptions of buyer preferences and their willingness to purchase to ensure market success in selling and pricing. Applying this to the equine industry, this paper studies the factors determining the price of young horses (age ≤ 2 years) in digital auction platforms. Using data from Professional Horse Services, LLC (2012–2023), a Heckman’s two-step approach was employed, which involves a probit model as the first step and a hedonic price model as the second, aiming to correct for sample selection bias in …

B.R. Wells Arkansas Rice Research Studies 2024, J. Hardke, X. Sha, N. Bateman

Arkansas Agricultural Experiment Station Research Series

Research reports contained in the publication may represent preliminary or only a single year of results; therefore, these results should not be read as a basis for long-term recommendations.

Several research reports in this publication will appear in other University of Arkansas System Division of Agriculture’s Arkansas Agricultural Experiment Station publications. This duplication is the result of the overlap in research coverage between disciplines and our effort to inform Arkansas rice producers of all the research being conducted with funds from the rice check-off program. This publication also contains research funded by industry, federal, and state agencies.

Use of products …

The Market For Local Beef And Local Beef Processing Investment In Arkansas., Rebekah O'Neal

Graduate Theses and Dissertations

The COVID-19 pandemic exposed vulnerabilities in the U.S. food supply chain, particularly in the beef sector, where processing bottlenecks and labor shortages disrupted meat production and the market. In response, several policies were implemented to strengthen food system resilience, and significant funding was allocated to expand independent meat processing capacity nationwide. However, the long-term viability of expanding regional processing capacity remains uncertain, notably in Arkansas, a net exporter of live cattle. This study evaluates whether consumer demand supports the expansion of local beef processing in Arkansas. Using a dichotomous choice survey, we estimate market shares for beef labeled “Arkansas Grown” …

Factors Associated With Farm Service Agency Direct Farm Ownership Loan Delinquency, Mohammad Ismile Hossain

Graduate Theses and Dissertations

This thesis investigates the factors associated with loan defaults in the USDA's Direct Farm Ownership (FO) loan program, emphasizing factors that affect how long it takes to default. This study uses a Cox Proportional Hazards model on a dataset of more than 47,000 loan records originated during 2011-2020 to identify loan characteristics, financial factors, and geographic settings related to the likelihood and timing of delinquency, which is defined as being 90 days past due. Recent research has focused on differences in loan outcomes based on demographics. This study, on the other hand, focuses on loan size, interest rates and terms, …

Economic Contribution Of The Agricultural Sector To The Arkansas Economy In 2023, Frank Seo

AAES Research Reports and Research Bulletins

This report is the eighteenth in a series that examines agriculture’s economic contribution to the Arkansas economy. The total economic contribution of agriculture (direct, indirect, and induced effects) on value added, employment, and labor income was estimated with the Impact Analysis for Planning System (IMPLAN) for the most recent year available, 2023.

Farmers’ Perceptions About Drivers Of Poverty: A Case Study Of Cocoa Farmers In Ghana, Felix Agyei Boamah

Graduate Theses and Dissertations

Cocoa farmers in Ghana face numerous challenges that undermine their incomes and living standards, including high labor costs, fluctuating cocoa prices, high cost and limited access to inputs, lack of credit, illegal mining, weather risks, small farm sizes, outdated farming and drying technologies, and inadequate extension services. These issues reduce productivity, lower incomes, and perpetuate poverty. This study examined farmers’ perceptions about the importance of these challenges and assessed possible differences across regions and farm households’ socioeconomic status. In the summer of 2024, data were collected from 400 cocoa farmers in major cocoa-producing areas of Ghana’s Eastern and Ashanti regions. …

Commodity Diversification, Technological Innovation, And Market Dynamics: Insights Into Beef Cattle Production And Feeder Cattle Basis In The United States, Nik Berg

All Theses

The beef cattle industry plays an important role in the agricultural economy, contributing to both domestic food supply and global trade. The United States is one of the world's largest producers of beef, with production systems varying widely across regions largely due to differences in available resources and market structures. Market conditions, technological advancements, and policy interventions shape the way producers operate, making research into these factors essential for both industry stakeholders and policymakers.

Producers are continuously adapting to changing economic conditions, environmental challenges, and evolving consumer preferences. By analyzing these factors, researchers can provide insights to support informed decision-making …

Performance And Feasibility Of Pasture Rangeland And Forage Insurance In The Delta Region, Walker Bradley Davis

Graduate Theses and Dissertations

Despite being available nationwide since 2016, enrollment in Pasture, Rangeland, and Forage (PRF) insurance remains low in many regions of the country. The program's performance also presents regional discrepancies, with loss ratios varying significantly. Studies that have simplified the complexity of interval selection for producers have been shown to positively affect PRF enrollment. Such studies remain limited in several forage-producing areas. This study aims to address the lack of information in Arkansas specifically. Arkansas has among the nation's lowest participation rates and loss ratios. Low loss ratios signal that participants pay more in premiums than received in indemnities and may …

How Beliefs Shape What We Consider When Choosing What To Eat, Christopher Gustafson

Cornhusker Economics

What determines which foods we consider? One factor, certainly, is what we like to eat, and if liking what we eat were the sole relevant outcome of food consumption, there would be little to say about incomplete consideration. However, diet quality has important, well-documented effects on health outcomes (as well as other important considerations, such as differential environmental impact). Close to 75 percent of American adults are overweight or obese, which increases the likelihood that the individual will experience one or more serious non-communicable diseases. A food’s healthiness is an important consideration for many people when making food choices, but, …

Cultivating The Wild: Strategies For Entrepreneurs Navigating Niche And Specialty Food Markets, Trey Malone, Courtney F. Cooper

Agricultural Economics and Agribusiness Faculty Publications and Presentations

Introduction Consumer demand for authenticity and sustainability in food systems is growing, creating both opportunities and challenges for entrepreneurs in niche and specialty markets. While wild-foraged and hunted foods are often perceived as more "natural" and sustainable, attempts to scale these products through farming may compromise their perceived authenticity.Methods To explore these dynamics, we conducted discrete choice experiments with a nationally representative sample of 1,039 U.S. consumers. Participants evaluated their willingness to pay (WTP) for salmon, venison, and morel mushrooms, presented in both wild-foraged/hunted and farm-raised forms.Results Consumers exhibited strong preferences for wild versions of all three products, with average …

Miniature Carnation Cut Flower Production In Utah, Kellie Webb, Melanie Stock, Benjamin Scow, Cheyenne Reid, Victoria Xiong, Claudia Nischwitz, Nick Volesky

All Current Publications

Carnation is one of the most popular cut flowers worldwide and has been grown for centuries. The delicate, fringed petals of miniature carnation have a spicy, clove-like scent and are often used commercially in potpourri and perfume. Florists value the scent, versatility in both large and small design work, long vase life, and broad range of colors, which include yellow, orange, pink, white, red, and purple. While traditionally grown under cover in regions like Colombia and Ecuador, carnation may be a viable cut flower for U.S. Intermountain West growers, as plants tolerate frost and grow well in both cool and …

Cultural Worldview And Rural Consumer Preferences For Genetically Modified Foods, Nathan P. Kemper

Agricultural Economics and Agribusiness Faculty Publications and Presentations

The consumer acceptance of genetically modified (GM) foods varies widely based on personal values and social context. This study investigates how cultural worldviews—measured through the Individualism–Communitarianism and Hierarchical–Egalitarianism dimensions—affect willingness to pay (WTP) for food labeling attributes related to GM content. We surveyed 932 U.S. primary grocery shoppers and conducted a discrete choice experiment (DCE) with poultry product options. Using a Mixed Logit model and supplemental cognitive data from Query Theory, we find that rural individualists are more accepting of GM-labeled products. At the same time, urban communitarians show a stronger preference for non-GM labels. These results offer insight into …

Cropland Acres Vs Base Acres In Nebraska, Jessica J. Groskopf, Cory Walters

Cornhusker Economics

Discusses cropland acres versus base acres in Nebraska.

Delphinium Cut Flower Production In Utah, Nick Volesky, Melanie Stock

All Current Publications

Delphinium is a perennial crop that produces tall racemes in two flushes per season. Its long stems serve as vertical line elements, adding height and balance to floral arrangements. Popular series are available in striking shades of blue, which are not commonly found among cut flowers, making delphinium an excellent choice for local market production. This fact sheet provides an overview of how to grow, harvest, and store delphinium, including yields for various cultivars. It also covers its common pests and diseases, and reviews its economic value for cut flower producers.

Measuring The Determinants Of Women's Empowerment In Agricultural Index In Bangladesh: Application Of The Structural Equation Modeling Approach, Paresh Kumar Sarma, Mohammad Jahanghir Alam, Ismat Ara Begum, Dilshad Zahan Ethen, Farzana Yeasmin, Lin Crase, Andrew M. Mckenzie

Agricultural Economics and Agribusiness Faculty Publications and Presentations

The study investigates the determinants of women's empowerment utilizing data from the Bangladesh Integrated Household Survey 2018, specifically through the construction of the Women's Empowerment in Agriculture Index. Using structural equation modeling, it assesses how various indicators such as decision-making, freedom of mobility, access to agricultural extension services, group membership, and birth control decisions contribute to women's empowerment outcomes. This index is based on decision-making regarding production, resources, income, leadership, time use, and gender parity sub-index. The study employs structural equation modeling to explore the association among key indicators of women's empowerment, including decision-making, freedom of mobility, access to agricultural …

Veterinary Drug Residue Regulations In Major U.S. Export Markets, Elliott James Dennis, Akinbode Okunola

Cornhusker Economics

Trade agreements shape the global agricultural trade landscape, encompassing both tariff and non-tariff measures. Among the latter, sanitary and phytosanitary (SPS) measures such as maximum residue limits (MRLs) are gaining attention. As trade tensions escalate, there is growing concern that countries could use SPS measures as a tool of retaliation in international agricultural markets, as they are often a focal point in trade negotiations (Disdier and Marette, 2010; Disdier and van Tongeren 2010; Grant et al., 2015).

Assessing Natural Resources Conservation Service (Nrcs) Impacts On Rice And Soybean Efficiency In The Mid-South, Ayodeji Samuel Ayiti

LSU Master's Theses

The study investigates how the Mid-South region of the U.S. rice and irrigated soybean production efficiency is influenced by (NRCS) incentives. To evaluate the effect of crop insurance, subsidies, and conservation incentives on lowering inefficiency, this study used a stochastic frontier model (SFA). The dataset covered the years 2010 – 2023, which allowed for a thorough evaluation of efficiency trends over time. While crop insurance programs reduce inefficiency in rice production, it shockingly increases inefficiency in soybean production, according to the study, which highlights the disparate effects of net support (insurance-subsidy).

The results show that while external factors like changes …

Larger Price Limits For Cattle Futures Contracts: Should We Pay Attention To That?, Fabio Mattos

Cornhusker Economics

The CME Group has recently announced an increase in price limits for its cattle futures contracts. This means that cattle futures prices now have a wider range to fluctuate on any given day, and the possibility of larger price fluctuations implies that traders may find larger gains as well as larger losses in their trading accounts at the end of the day. This is certainly something that people trading in futures markets should be aware of, but the change in price limits itself is just a regular update that happens every year. Let's take a closer look at this.

Western Australia’S Agricultural R&D Ecosystem, Ross Kingwell

Farm Systems and Economics published reports

• Decades ago, the agricultural R&D ecosystem in Western Australia (WA) was fairly simple with few funders and some key providers of R&D services such as the Department of Agriculture, CSIRO and the University of Western Australia.
• Since then, the agricultural R&D ecosystem in WA has increased in complexity with more R&D providers and a greater injection of industry and private funding.
• These changes have occurred against a backdrop of the total investment in agricultural R&D declining as a share of agriculture’s gross value of production.
• State and federal governments have reduced their share of the total investment in agricultural R&D. …