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Articles 31 - 51 of 51
Full-Text Articles in Social and Behavioral Sciences
Beyond The Farm Bill: Energy And Trade Important To Agriculture, Roy Frederick
Beyond The Farm Bill: Energy And Trade Important To Agriculture, Roy Frederick
Cornhusker Economics
It depends on the competition. Stories with the biggest, boldest headlines in today’s newspaper might not even rate front-page coverage tomorrow. The 2002 Farm Bill has dominated agricultural news for months. But two other policy initiatives in Congress also could have important impacts on Nebraska’s farmers. The first is a comprehensive energy bill, particularly its provisions for renewable fuels. The other is a “trade promotion authority” bill. Both probably would have received considerably more attention, had it not been for the farm bill’s timing.
Linking Intergenerational Wealth To Asset Based Community Development, Sam Cordes
Linking Intergenerational Wealth To Asset Based Community Development, Sam Cordes
Cornhusker Economics
Much attention is focused on improving our nation’s communities and neighborhoods. Perhaps the most common response is the two-pronged approach of (1) identifying a problem and (2) obtaining grant funds – typically from sources outside the community – to solve the problem. This is a comfortable approach, and not without merit, but it is not the only way and perhaps not the best way, of thinking about how to bring about improvements in our communities and neighborhoods. This short article provides an alternative to the traditional two-prong approach noted above.
Conservation In The “New Farm Program”, Richard T. Clark
Conservation In The “New Farm Program”, Richard T. Clark
Cornhusker Economics
Conservation programs took a giant leap forward with the 1985 Food Security Act, which introduced the Conservation Reserve Program (CRP), Wetlands Reserve and Conservation Compliance among other things. Since then, those programs have changed some but have been relatively stable both in terms of funding and type. With the recently completed “Farm Security and Rural Investment Act of 2002” conservation programs are poised to move to an even higher plateau.
Production Ag Profitability Report, Gary Bredensteiner
Production Ag Profitability Report, Gary Bredensteiner
Cornhusker Economics
For the last seven years, Nebraska Farm Business Association (Cooperative Extension) and Nebraskaland Farm and Ranch Management Educational Program (Community Colleges) have combined data into a single “Production Ag Profitability Report.” The 2001 Report, recently released, contains average data from 156 Nebraska production ag operations enrolled in one of the two programs. Data is monitored and reconciled for accuracy prior to inclusion in the report.
Property Valuation May Be Reduced By, J. David Aiken
Property Valuation May Be Reduced By, J. David Aiken
Cornhusker Economics
In Nebraska, land and buildings are valued at their fair market value for purposes of property taxation. Residential and commercial real estate is valued at 92- 100 percent of actual value (i.e. farm market value) and agricultural real estate is valued at 74-80 percent of actual value. NRS 77-5023(3). Fair market value for property tax valuation purposes may be determined by (1) comparative sales, (2) income, or (3) cost. NRS 77-112. In Livingston v Jefferson County Board of Equalization, 10 Neb App 934 (2002), the Nebraska Court of Appeals ruled that the county board of equalization erred in not considering …
The Role Of Public Institutions In Biotechnology Research, Jeffrey S. Royer
The Role Of Public Institutions In Biotechnology Research, Jeffrey S. Royer
Cornhusker Economics
In early 1998, the news media reported that researchers from the U.S. Department of Agriculture (USDA) and the Delta and Pine Land Company of Scott, Mississippi, had devised a method for developing plants whose seeds could be made incapable of germinating. Such a technology would be of little interest to the commercial seed corn industry because widespread use of hybrid seed corns means farmers must rely on retailers to sell them new seed every year. Farmers who saved seeds from a harvest of hybrid corn to plant the following year would produce a widely varying crop of inferior quality. Therefore, …
Evaluation Of Optimum Regret Decisions In Crop Selling, Lynn Lutgen
Evaluation Of Optimum Regret Decisions In Crop Selling, Lynn Lutgen
Cornhusker Economics
Throughout the years how many of us have either heard ourselves or other people say, "I wish I had not done that, or I wish I would have sold earlier or why did I wait so long to sell?" If we put this another way we can always say that we are punishing ourselves, or that we regret having done or not done something. The question is, is there a way that we can go back and determine what the true level of regret was? Consequently, we have been working on testing that exact problem with respect to grain marketing.
Value-Added: “For The Long-Term”, Al Prosch
Value-Added: “For The Long-Term”, Al Prosch
Cornhusker Economics
Farm Factors that Create Value - Farm products can be produced in a number of ways that create value in the minds of consumers. Animal production systems such as pork production that eliminate the use of antibiotics would be one example. Humane treatment in animal production systems, from reduced confinement to free range to careful handling and transporting, is another. Specific genetics can be used which improve the quality, appearance or eating characteristics of the meat. Crops likewise can be of certain genetic material, raised organically or produced to meet a food grade standard for a specific product.
Increasing Beef Demand And Marketing Margins, Darrell R. Mark
Increasing Beef Demand And Marketing Margins, Darrell R. Mark
Cornhusker Economics
2001 was a challenging year for the beef industry. Concerns regarding bovine spongiform encephalopathy (BSE) and foot and mouth disease (FMD) in Europe and Asia and weaker world economies contributed to a 2 percent decline in beef consumption in 2001 compared to 2000. However, real retail choice beef prices increased nearly 8 percent. This translates into a year-to-year increase in retail beef demand of approximately 5 percent in 2001. This marked the third
Contingent Liabilities - Include Or Not?, Glenn A. Helmers
Contingent Liabilities - Include Or Not?, Glenn A. Helmers
Cornhusker Economics
There is considerable concern within the accounting profession whether GAAP (Generally Accepted Accounting Procedures) should include contingencies in the financial statements of businesses. A contingency involves the potential gain or loss arising from an uncertain future event. The question then is, if there is the possibility of a future unexpected and unpredictable event involving financial loss, should financial reserves be dedicated to this so that the financial position of the firm is more accurately reported? While this issue of accurate financial reporting for contingencies is receiving attention for the benefit of investors in nonfarm business corporations, there are contingencies in …
The Economics Of Carcass Weight:, Dillon M. Feuz
The Economics Of Carcass Weight:, Dillon M. Feuz
Cornhusker Economics
Economists like to use production agriculture as an example of a perfectly competitive industry. The assumption is made that the decisions of an individual firm will not impact the general market price level. However, if a large number of individual firms all have similar cost structures and all make the same economically justified decision to alter production, then collectively this decision will impact the market price level. The result is that the individually correct production decision that was made to increase profits is collectively the incorrect decision, and profits are decreased rather than increased. This is the micro-macro paradox in …
Solid Traction Continues In Nebraska’S, Bruce B. Johnson, Lance Kuenning
Solid Traction Continues In Nebraska’S, Bruce B. Johnson, Lance Kuenning
Cornhusker Economics
Despite lackluster crop prices and below-normal income levels for the farm sector as a whole, Nebraska’s agricultural land markets have maintained their solid footing over the past twelve months. Both values and cash rental rates generally remain at, or even above, year-earlier levels. Preliminary results from UNL’s 2002 Nebraska Farm Real Estate Market Survey indicate agricultural land values are up over 4 percent overall, with some areas of the state even stronger (Figure 1 and Table 1). Survey reporters were almost universal in their observations that no land value declines have been evident; but rather the market has been one …
Agricultural Trade And The Wto- An Update, Somali Ghosh, E. Wesley F. Peterson
Agricultural Trade And The Wto- An Update, Somali Ghosh, E. Wesley F. Peterson
Cornhusker Economics
Representatives of 142 countries met at the Fourth Ministerial Meeting of the World Trade Organization (WTO) in November 2001, in Doha, Qatar, and decided to launch a new round of trade talks. The WTO, the successor to the General Agreement on Tariffs and Trade (GATT), was launched in 1995 at the end of the Uruguay Round (1986-1994) with the goal of reducing or eliminating trade distortions. Prior to the Uruguay Round, agricultural trade was not fully subjected to international trade disciplines. The Uruguay Round Agreement on Agriculture (URAA), which included provisions on export subsidies, market access and trade-distorting domestic policies, …
Integrated Water Management Options In The, J. David Aiken
Integrated Water Management Options In The, J. David Aiken
Cornhusker Economics
Nebraska statutes authorize Natural Resources Districts (NRDs) and the Nebraska Department of Natural Resources (DNR) to regulate groundwater and surface water uses respectively, when there is insufficient water for all uses. These 1996 “integrated water management” authorities have yet to be implemented. This newsletter describes (1) the general framework of the Nebraska Groundwater Management & Protection Act (GMPA), and (2) the special GMPA integrated water management options.
Lb1285 & Livestock Zoning Issues, J. David Aiken
Lb1285 & Livestock Zoning Issues, J. David Aiken
Cornhusker Economics
LB1285 would establish the Livestock Industry Issue Task Force to examine the economic impact of the Nebraska livestock industry and the impact of regulations, including county zoning and state water quality regulations, on livestock production. In the Introducer’s statement of intent, Sen. Curt Bromm (Wahoo) notes that livestock feeding is the largest value-added agricultural export for Nebraska, and expresses concern regarding declining livestock production, particularly swine. The LB1285 task force would report to the Governor and Unicameral by December 15, 2002. The Agriculture Committee hearing on LB1285 was held February 12, 2002 and legislative action currently is pending.
Sharing Equipment, Roger Selley
Sharing Equipment, Roger Selley
Cornhusker Economics
One of the most frequently asked questions I receive is what should I charge my neighbor for the use of… … .? The equipment items in question range from individual implements to center pivots. Regardless of the piece of equipment (or facility) under consideration, the criteria that apply remain the same: 1) the owner should recover a fair share of all costs associated with the additional use, both the out-ofpocket costs as well as any accrued costs, and 2) the owner has certain annual costs that the owner will be obligated to cover whether or not the equipment is used, …
The Effect Of Concentration In The, Azzeddine Azzam
The Effect Of Concentration In The, Azzeddine Azzam
Cornhusker Economics
Whether rising concentration in the food processing industry leads to higher or lower food prices depends on the relative strengths of the market power effect (higher food prices), and the efficiency effect (lower or higher production costs) associated with rising concentration.
Three Steps To Making Changes, Wade Nutzman
Three Steps To Making Changes, Wade Nutzman
Cornhusker Economics
Did you ever notice that some people seem to survive well, even after going through many stressful circumstances (bad luck)? While other people have great difficultly keeping it all together when even the slightest change in plans face them? In the course of working with many Nebraska farmers and ranchers over several years, some general observations come to mind concerning changes (adjustments) that people do or do not make in their lives in response to outside forces.
Crop Insurance Changes And Decisions For 2002, H. Douglas Jose
Crop Insurance Changes And Decisions For 2002, H. Douglas Jose
Cornhusker Economics
It is now only about a month and a half before the sales closing date of March 15 for spring planted crops in Nebraska. There are no major changes in the program this year. Last year was the big change year with significant increases in premium subsidies as a result of the Agricultural Risk Protection Act of 2000.
The Argentine Economy - We Should Care What Happened, Richard K. Perrin
The Argentine Economy - We Should Care What Happened, Richard K. Perrin
Cornhusker Economics
Argentina is a country known to many Nebraskans as a kindred prairie-based producer of beef, corn, soybeans and wheat -- a friendly but tough customer for some of our agricultural inputs, a competitor in world agricultural markets. The collapse of the Argentine economy is therefore of some interest to Nebraskans. What happened, and what does it mean for us?
Faculty Exchange Program Finishes Third Successful Year, Lynn Lutgen
Faculty Exchange Program Finishes Third Successful Year, Lynn Lutgen
Cornhusker Economics
The Agricultural Economics Department recently completed its third year of involvement in USDA’S Faculty Exchange Program. This year we had five participants instead of the usual four; they came from Russian, the Ukraine and Kazakhstan. While in Nebraska they took classes, developed new course outlines and wrote articles that they will use on their return to their universities. While in the United States they traveled and learned about our business and work with the Scottsbluff Extension Service, learning about extension and distance education. All these things were designed to help them make changes when they return home. The following are …