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University of Nebraska - Lincoln

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Articles 991 - 1020 of 1290

Full-Text Articles in Agricultural and Resource Economics

Corn And Soybean Conditions Deteriorate, Darrell R. Mark Aug 2003

Corn And Soybean Conditions Deteriorate, Darrell R. Mark

Cornhusker Economics

What started out as a relatively good crop year for Nebraska rapidly changed during mid-summer. With the drought of 2002 fresh on producers’ minds this spring, many were relieved to receive enough precipitation and good planting weather to get the corn and soybean crop off to an above average start. A return to hot and dry conditions across much of Nebraska and other Corn Belt states in 2003, however, has resulted in a deterioration of crop conditions and lower yield expectations.


Plan Market Strategies Early In The Marketing Year, Lynn Lutgen Aug 2003

Plan Market Strategies Early In The Marketing Year, Lynn Lutgen

Cornhusker Economics

On August 12, 2003 USDA released it’s first survey driven report on crop conditions in the U.S. Immediately following the report the market rose dramatically. One always needs to ask why. First, this is the first production report that uses actual crop data and second, the production numbers were well below what the trade had expected. As we move towards harvest for row crops we need to begin to watch the market for opportunities and potential change. Of course wheat has already been harvested, but we must not only be aware of present conditions but look for potential change on …


Hot Issues And Cool Rules, Bradley Lubben Aug 2003

Hot Issues And Cool Rules, Bradley Lubben

Department of Agricultural Economics: Presentations, Working Papers, and Gray Literature

When President Bush signed the Farm Bill on May 13, 2002, much of the focus was on the new commodity and conservation programs and how they had changed relative to the 1996 Farm Bill. However, near the end of the Farm Bill was some language that has become one of the most contentious issues today.

Title X, Section 10816 of the Farm Security and Rural Investment Act of 2002 (2002 Farm Bill) addressed country-of-origin labeling (COOL) rules for beef, lamb, pork, fish, fruits, vegetables, and peanuts. The legislation called for voluntary guidelines to be implemented no later than September 30, …


Importance Of “Who Pays” As An Environmental Policy Variable, Ray Supalla Aug 2003

Importance Of “Who Pays” As An Environmental Policy Variable, Ray Supalla

Cornhusker Economics

Environmental goods and services often have characteristics which make it necessary to publicly provide them at no direct cost to the users or beneficiaries. With environmental goods and services, or more generally public goods, charging people for the product in a private market context is usually inefficient because of low marginal costs, and often not possible because those who don’t pay for the good cannot be excluded from its benefits. As a result, historically most environmental goods have been publicly provided via public investment, law, regulatory action or some combination of regulatory and investment programs.


Is Mandatory Price Reporting Good For The Cattle Industry?, Azzeddine Azzam Aug 2003

Is Mandatory Price Reporting Good For The Cattle Industry?, Azzeddine Azzam

Cornhusker Economics

On April 2, 2001 the Agricultural Marketing Service (AMS) implemented the Livestock Mandatory Price Reporting Act, mandating collection and reporting of transaction data for cattle, swine, lambs and other livestock products. What prompted the Act, which was pushed through Congress by some livestock organizations, was concern over price discovery in the light of increased concentration in the livestock industry and increased use of captive supplies. As more and more animals are transacted through contracts, the argument goes, less and less price information becomes available for independent livestock producers.


Extension Educators' Perceptions Of Risk Management Training Needs, Steven W. Martin, Oscar Vergara, George F. Patrick, Keith H. Coble, Thomas O. Knight, Alan Baquet Aug 2003

Extension Educators' Perceptions Of Risk Management Training Needs, Steven W. Martin, Oscar Vergara, George F. Patrick, Keith H. Coble, Thomas O. Knight, Alan Baquet

Department of Agricultural Economics: Faculty Publications

Risk management is a key issue for farmers and also receives significant national and local political attention. Because much of the outreach in this area is delivered through the Cooperative Extension Service, research on how Extension educators perceive their clients' needs and their own demand for additional training is important for educational programming.

The Risk Management Agency (RMA) and the Cooperative State Research, Education and Extension Service (CSREES) of the United States Department of Agriculture (USDA) initiated a risk management education competitive grants program during 1998. The information reported here is partial output from one of the surveys conducted by …


Mathematical Formulas For Calculating Net Returns From Participation In Government Programs, Crp, And Crop Insurance Alternatives, Dustin L. Pendell, William R. Perry, Jeffrey R. Williams, G. Art Barnaby, Bradley Lubben Aug 2003

Mathematical Formulas For Calculating Net Returns From Participation In Government Programs, Crp, And Crop Insurance Alternatives, Dustin L. Pendell, William R. Perry, Jeffrey R. Williams, G. Art Barnaby, Bradley Lubben

Department of Agricultural Economics: Presentations, Working Papers, and Gray Literature

The purpose of this report is to provide a revised version of the publication, “Mathematical Formulas for Calculating Net Returns from Participation in Government Commodity Programs including Marketing Loans” (Williams and Barnaby, 1994). The change in design of the government commodity programs and development of several crop insurance alternatives has been significant since the previous paper was published. The formulas for calculating net returns incorporate provisions from the Farm Security and Rural Investment Act of 2002 and several crop insurance designs developed in the 1990s. Individuals conducting research or education programs will be able to use this revision for reference …


Carbon Trading In Europe Is On The (Near) Horizon, Gary D. Lynne Jul 2003

Carbon Trading In Europe Is On The (Near) Horizon, Gary D. Lynne

Cornhusker Economics

The European Parliament just recently committed the 15-European Union countries to forming a greenhouse gas market trading in carbon equivalents starting January 1, 2005, consistent with each country also ratifying the Kyoto Protocol. Other European countries will also likely be included, for a total of twenty-seven countries. Trading will be among as many as 10,000 to 12,000 industrial and public firms (e.g., electric utilities burning coal) that account for almost one-half the emissions of greenhouse gases in Europe. The precursor to trading will be the setting of emissions caps on 1) each country; 2) on each industry within each country, …


The Base Capital Plan For Managing Cooperative Equity, Jeffrey S. Royer Jul 2003

The Base Capital Plan For Managing Cooperative Equity, Jeffrey S. Royer

Cornhusker Economics

Equity management is always challenging for agricultural cooperatives, which generally rely on patronage-based methods for accumulating equity and are frequently subject to competing pressures from current and former patrons. Current patrons, who must pay income tax on patronage refunds, may seek to have a greater proportion of refunds paid in cash. Meanwhile, former patrons may press to have retained patronage refund allocations redeemed in a more timely manner. Faced with these demands, many cooperatives have experienced considerable difficulty in maintaining adequate levels of equity capital.


The New Eu Regulation On Gmos: Causes And Consequences, Konstantinos Giannakas Jul 2003

The New Eu Regulation On Gmos: Causes And Consequences, Konstantinos Giannakas

Cornhusker Economics

On July 2 the European Parliament approved a new regulation governing Genetically Modified Organisms (GMOs) that includes a requirement for products with more than 0.9 percent of biotech material to be labeled as: “This product is produced with GMOs.” The regulation also includes provisions for tracing GMOs at all stages of production. The regulation is expected to be approved by the Council of Ministers of Agriculture and pass into law before the end of the summer. The introduction of strict traceability and labeling requirements by the European Union (EU) is the latest event in an on-going dispute between the EU …


Eliminating Fallow: What Is The Best Transition Crop Back To Winter Wheat?, Paul Burgener Jul 2003

Eliminating Fallow: What Is The Best Transition Crop Back To Winter Wheat?, Paul Burgener

Cornhusker Economics

Dryland crop production has been a key component in the economy of the Central Great Plains for over 100 years. Although the river valleys and some underground water sources have provided small areas of irrigation, dryland crop production is dominant. With additional demands on the limited water resource in this region, dryland crop production is expected to increase in importance in the future.


Livestock Friendly County Zoning Bill Enacted, J. David Aiken Jul 2003

Livestock Friendly County Zoning Bill Enacted, J. David Aiken

Cornhusker Economics

On May 22, 2003 the Nebraska Unicameral adopted Legislative Bill 754 (1) to allow the Nebraska Department of Agriculture to designate counties as livestock friendly, and (2) to change procedures for county livestock zoning permits. LB754 is the latest chapter in an ongoing legal and political battle over livestock production. LB754 was signed by Governor Johanns and will take effect August 31, 2003. This newsletter briefly reviews LB754 within the context of recent livestock production controversies.


Focus Spring/Summer 2003 Jul 2003

Focus Spring/Summer 2003

FOCUS: Economic Issues for Nebraskans

Contents:
Anti-corporate Farming Laws and Industry Structure: The Case of Initiative 300 and Cattle Feeding by Azzeddine M. Azzam, John R. Schroeter, and J. David Aiken
Grandfathered Corporations and Initiative 300 by J. David Aiken
New Generation Cooperatives Are Part of UNL’s Educational Effort by Lynn H. Lutgen
Switchgrass—A Biomass Energy Crop for the Great Plains? by Richard K. Perrin, Kenneth P. Vogel, and Marty R. Schmer
Market Journal Presents Analysis of Agricultural Markets and Risk Management Strategies by H. Douglas Jose
Off-farm Employment and Income in Nebraska by Ram Valluru, H. Douglas Jose, and Dennis M. Conley
MBA in …


Investing In Hope: Aids, Life Expectancy, And Human Capital Accumulation, Rui Huang, Lilyan E. Fulginiti, E. Wesley F. Peterson Jul 2003

Investing In Hope: Aids, Life Expectancy, And Human Capital Accumulation, Rui Huang, Lilyan E. Fulginiti, E. Wesley F. Peterson

Department of Agricultural Economics: Presentations, Working Papers, and Gray Literature

A three period overlapping generations model is developed to investigate the impact of shorter life expectancy due to disease, on human capital investment decisions and income growth. This research is particularly relevant to Sub-Saharan Africa given the dramatic reduction in life expectancy due to HIV/AIDS and the potential lasting effects on growth. Our results indicate that as life expectancy shortens so does schooling inducing a lower growth rate of income. These relationships are even more pronounced for the African continent than for the rest of the world.


Nebraska City Visitors Survey, Randolph L. Cantrell Jul 2003

Nebraska City Visitors Survey, Randolph L. Cantrell

Rural Initiative Program: Publications and Reports

During the month of July, 2003, Nebraska City Tourism and Events and the Center for Applied Rural Innovation (CARI) at the University of Nebraska-Lincoln conducted a survey of visitors to the Nebraska City area.

The survey was designed to provide information related to the activities and experiences of tourists and other visitors to the Nebraska City area, especially as related to the hospitality industry.


Feeder And Fed Cattle Now Covered Under The Livestock Risk Protection Pilot Program, Matthew M. Larson, H. Douglas Jose Jun 2003

Feeder And Fed Cattle Now Covered Under The Livestock Risk Protection Pilot Program, Matthew M. Larson, H. Douglas Jose

Cornhusker Economics

On December 18, 2002 the Federal Crop Insurance Corporation (FCIC) approved an expansion of the Livestock Risk Protection (LRP) pilot program to include fed and feeder cattle. The LRP pilot program was first approved by the FCIC on November 15, 2001 and began offering the insurance to swine producers on July 8, 2002.


Planning For Future Farmers, Darrell R. Mark Jun 2003

Planning For Future Farmers, Darrell R. Mark

Cornhusker Economics

The Spring Semester ended about one month ago for students in the College of Agriculture and Natural Resources at the University of Nebraska. The end of the academic school year always marks an exciting and busy time for students and their instructors as class projects are completed, final exams are taken and plans for the summer are made. It is always interesting to watch what career paths graduates will follow after completion of their studies. Many will find employment in the agribusiness industry, some will pursue a graduate degree and some may launch their own business ventures.


Analysis Of Corn Production And Usage, Katie Gaskins, Dennis Conley Jun 2003

Analysis Of Corn Production And Usage, Katie Gaskins, Dennis Conley

Department of Agricultural Economics: Presentations, Working Papers, and Gray Literature

Contents:

Analysis of Corn Production and Usage

ArcViewSoftware

Net Deficit States

Texas Corn Production

Nebraska Price Surface


Some Thoughts On U.S. - European Relations, George Pfeiffer Jun 2003

Some Thoughts On U.S. - European Relations, George Pfeiffer

Cornhusker Economics

Having recently returned from this year’s annual student agribusiness study tour to France, I was struck by a number of changing attitudes in Europe regarding their relationship with the U.S., and also struck by the degree to which some attitudes have changed little or not at all.


Nascent Entrepreneurs: Are They Worth Our Investment?, Marilyn R. Schlake Jun 2003

Nascent Entrepreneurs: Are They Worth Our Investment?, Marilyn R. Schlake

Cornhusker Economics

New business formation is key to any society expecting economic growth and industry innovation. Giant corporations of today were once start-up companies more than 25 years ago. Apple Computer, started in 1978, had $8 billion in sales in 2000 and employed approximately 95,000 people. Likewise, Microsoft Corporation, started in 1976, is the world’s largest software company with more than $23 billion in sales. Other well-known companies such as Federal Express, Walmart, ConAgra and Amazon.com were once fledgling businesses that revolutionized industries.


Iraq’S Potential As A Market For U.S. Agriculture, Roy Frederick May 2003

Iraq’S Potential As A Market For U.S. Agriculture, Roy Frederick

Cornhusker Economics

Nebraska farmers and ranchers are always sensitive to new market opportunities. Thus, it’s not surprising that questions have arisen about potential sales of U.S. agricultural products to Iraq.


Mandatory Country Of Origin Labeling: The Ongoing Cool Debate Continues In Kearney, Wendy Umberger, Darrell R. Mark, Dillon Feuz May 2003

Mandatory Country Of Origin Labeling: The Ongoing Cool Debate Continues In Kearney, Wendy Umberger, Darrell R. Mark, Dillon Feuz

Cornhusker Economics

The ongoing debate over mandatory country-of-origin labeling (COOL) continues, despite COOL being passed as part of the 2002 Farm Bill and plans for it to become a mandatory program on September 30, 2004. As the discussion surrounding COOL intensifies, it is clear that there is still much contention regarding implementation of the mandatory COOL provisions.


Nebraskans Down Under, Deb Rood May 2003

Nebraskans Down Under, Deb Rood

Cornhusker Economics

G’day mate was the phrase that twenty Nebraska ag folks heard as they stepped off the plane in Hobart, Tasmania, Australia this past March. It all began in 1998 at the International Women in Ag program in Washington D.C. It was there that the idea of a Nebraska - Tasmania ag woman exchange was born. The exchange program was based on the premise that ag women would learn more about international agriculture by experiencing another country’s agriculture first hand. The Nebraska delegation at the International Women in Ag Conference invited the Australia delegation to first visit our state.


Entrepreneurial Talent: “One Size Does Not Fit All”, Cheryl A. Burkhart-Kriesel May 2003

Entrepreneurial Talent: “One Size Does Not Fit All”, Cheryl A. Burkhart-Kriesel

Cornhusker Economics

Entrepreneurs are those that have a passion for creating and growing an enterprise. They have motivation and capacity in abundance. Although hard to describe, they are often one of those “I know it when I see it” phenomenons. But this is not where it stops - there are also other kinds of entrepreneurial talent looming in our communities that m ight not be as visible.


Weather And Wheat Yields, Glenn A. Helmers, Saleem Shaik Apr 2003

Weather And Wheat Yields, Glenn A. Helmers, Saleem Shaik

Cornhusker Economics

It is well recognized that at particular times in the growing season weather can be a critical determinant of crop yield. Here we report research which identifies those periods and quantifies their impact. This research can be useful in understanding the yield impacts of the often discussed and debated issue of climate change. A shift in climate may change the level and variability of temperature and precipitation in critical crop growing stages. To better understand how climate change would impact crop yields, identifying those critical growing stages and quantifying their impact on yield is important.


Using Water Taxes To Retire Water Rights, J. David Aiken Apr 2003

Using Water Taxes To Retire Water Rights, J. David Aiken

Cornhusker Economics

In a 1998 law review article, Texas A&M University Professor Donald Kaiser recommends using a fee on water withdrawals to retire ground and surface water rights in order to protect endangered species. Kaiser & Phillips, “Dividing the Waters: Water Marketing as a Conflict Resolution Strategy in the Edwards Aquifer Region,” 38 Natural Resources Journal 411 (1998). Arizona groundwater law also authorizes groundwater taxes to fund buying groundwater rights to slow groundwater depletion. This article explores how such a strategy might be implemented to deal with Nebraska water conflicts, including conflicts between surface water users and groundwater users.


The Changing Hog Industry, Allen Prosch Apr 2003

The Changing Hog Industry, Allen Prosch

Cornhusker Economics

Pork producers dodged the worst possibilities of the fourth quarter of 2002 by marketing hogs earlier in the third quarter. By November, the action rekindled a rally in Summer 2003 prices, originally started in July of 2002 on confirmation that producers were reducing the breeding herd in the U.S. Price expectations for 2003, as represented by June Lean Hog Carcass Futures contract prices, were strong through the end of 2002. Continued adequate supplies of pork stalled advances at the beginning of this year (Figure 1).


Faculty Exchange Program Finishes Its Fourth Year, Lynn Lutgen Apr 2003

Faculty Exchange Program Finishes Its Fourth Year, Lynn Lutgen

Cornhusker Economics

The Department of Agricultural Economics recently completed its fourth year of partnering with USDA in a Faculty Exchange Program. During August of each year beginning professors from Russian and the Ukraine arrive in Lincoln, stay for about five months and then return to their homelands. While in Nebraska they take classes, travel, develop new class outlines, collect material and write articles, all of which are used when they return home to introduce to new classes and extension activities at their respective universities. The last group brings the total to 17 visiting professors that we have hosted at Nebraska. Impressions of …


Country Of Origin Labeling: It’S Time To Start Keeping Records, Darrell R. Mark Apr 2003

Country Of Origin Labeling: It’S Time To Start Keeping Records, Darrell R. Mark

Cornhusker Economics

Labeling meat and other perishable agricultural products was vigorously debated prior to the approval of the 2002 farm bill. The passage of the Farm Security and Rural Investment Act in May, 2002 did create country of origin labeling (COOL); however, the controversy over COOL did not end there. In fact, it has intensified amongst producers, processors and retailers as they struggle to determine how to comply with COOL and exactly how it affects their operations.


Tough Love: Optimal Enforcement Of Output Quotas In The Presence Of Cheating, Konstantinos Giannakas, Murray Fulton Apr 2003

Tough Love: Optimal Enforcement Of Output Quotas In The Presence Of Cheating, Konstantinos Giannakas, Murray Fulton

Department of Agricultural Economics: Faculty Publications

This study builds on the literature on the economics of output quotas in the presence of cheating. We extend previous work by Giannakas and Fulton (2000a) by examining the decisions of the agency responsible for the enforcement of output quotas in a decentralized policy-making structure. Enforcement policy design is modeled as a sequential game between the agency that determines the enforcement of the quota program (designed by a regulator), and farmers who make production decisions. Analytical results show that the level of enforcement depends on the size of the enforcement costs and the political preferences of the enforcement agency - …