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What Do Ongoing High Interest Rates Mean For Ag Producers?, Jay Parsons, John Hewlett, Jeff Trandel 2024 University of Nebraska-Lincoln

What Do Ongoing High Interest Rates Mean For Ag Producers?, Jay Parsons, John Hewlett, Jeff Trandel

Center for Agricultural Profitability

As we progress through 2024, the agricultural sector faces significant economic pressures from persistently high borrowing costs.

In the crop sector, smaller cash buffers and the need to preserve working capital due to tightening profit margins resulting from lower crop prices and higher input costs contributed to an increase in farm operating loan activity in the first quarter of 2024 (Kansas City Federal Reserve). Farm machinery and equipment costs also rose considerably in the last few years. As a result, loans to purchase such equipment are larger and the higher interest rates only complicate the purchase decisions even further. Farmers …


2024 Nebraska Custom Rates: What To Charge?, Glennis McClure 2024 University of Nebraska - Lincoln

2024 Nebraska Custom Rates: What To Charge?, Glennis Mcclure

Center for Agricultural Profitability

The 2024 Nebraska Custom Rates Report, which offers insights for agricultural producers and service providers, is now available through Nebraska Extension and the University of Nebraska-Lincoln’s Center for Agricultural Profitability. The report, published at cap.unl.edu/customrates, compiles survey data from 159 respondents, providing current market rates for 138 different custom operations and services across Nebraska.

This comprehensive resource serves as an essential guide for those offering and seeking custom agricultural services. While the report offers a detailed overview of market trends, custom service providers are encouraged to consider their own operational costs when determining their rates.

Agricultural custom rate charges …


From Australia To Nebraska: Researching Social Value, Marilyn R. Schlake, Cheryl A. Burkhart-Kriesel, Jean Ann Fischer, Michelle Krehbiel, Randy Saner 2024 University of Nebraska-Lincoln

From Australia To Nebraska: Researching Social Value, Marilyn R. Schlake, Cheryl A. Burkhart-Kriesel, Jean Ann Fischer, Michelle Krehbiel, Randy Saner

Cornhusker Economics

Globally, there is a growing body of research on social capital through the lens of social value, or how the social connections translate into actions with tangible outcomes impacting livelihoods and well-being. In the United States, social value is a relatively new perspective that will add to the social capital discussion.


2021 Nebraska Feedlot Labor Survey, Kimberly J. Enger, Elliott James Dennis, Galen E. Erickson, Andrea Watson 2024 University of Nebraska-Lincoln

2021 Nebraska Feedlot Labor Survey, Kimberly J. Enger, Elliott James Dennis, Galen E. Erickson, Andrea Watson

Center for Agricultural Profitability

The Nebraska Feedlot Labor and Management survey, conducted by Nebraska Extension and Nebraska Cattlemen., reveals notable changes in labor costs and compensation within the state's feedlot industry. From 2015 to 2021, total employee compensation across all feedlots nearly doubled, highlighting significant financial shifts in the sector. Despite this increase, wages have not kept pace with inflation, indicating ongoing economic challenges. The survey, which also sheds light on hiring difficulties and management practices, provides a crucial benchmark for feedlot operators to navigate labor costs and industry trends effectively.


Violent Conflict Drives World Hunger And Food Insecurity, E. Wesley F. Peterson 2024 University of Nebraska-Lincoln

Violent Conflict Drives World Hunger And Food Insecurity, E. Wesley F. Peterson

Cornhusker Economics

The World Food Program (WFP) with support from the United States and other countries works to provide food to those in need as a result of conflict, adverse climate effects, poverty, and government mismanagement. It is limited in what it can do, however, by budget constraints and rising food prices. On top of the financial issues, the delivery of food assistance is particularly complicated in areas of conflict where warring adversaries often hijack food supplies intended for the other side. While it is illegal under International Humanitarian Law to use starvation as a weapon of war, Dzerowicz (2023) has identified …


Aging In Place In Rural Nebraska: Homecare Worker Cooperatives, Cythia Houlden 2024 University of Nebraska-Lincoln

Aging In Place In Rural Nebraska: Homecare Worker Cooperatives, Cythia Houlden

Center for Agricultural Profitability

In 2022, the Nebraska Cooperative Development Center (NCDC), in partnership with the Northwest Cooperative Development Center of Washington state, introduced a six-week Homecare Worker Cooperative Academy designed to take caregivers through the worker cooperative development process. Topics covered by the academy included democracy in the workplace, business basics, marketing and member engagement.

The impetus for the academy was the realization that Nebraska — and the U.S. as a whole — are facing a potential elder care crisis.


The Basics Of Loans For Farmers And Ranchers, Jessica Groskopf 2024 University of Nebraska-Lincoln

The Basics Of Loans For Farmers And Ranchers, Jessica Groskopf

Center for Agricultural Profitability

Borrowing a loan can be a useful tool for farmers and ranchers, especially to fill in gaps when cash or working capital is short to cover current obligations or to make necessary or planned capital purchases. Before signing for a loan, understand the loan terms and repayment requirements as spelled out in the loan documents. This article defines and explains important lending terminology and considerations for farmers and ranchers.


Farmer's Adaptive Capacity And Adoption Of Strategies To Climate Change Among Mountain Communities In Nepal, Tanvir Hossain 2024 Louisiana State University

Farmer's Adaptive Capacity And Adoption Of Strategies To Climate Change Among Mountain Communities In Nepal, Tanvir Hossain

LSU Master's Theses

Climate change presents significant challenges to agriculture worldwide, particularly where farming is central to livelihoods. This phenomenon has been linked to decreasing crop yields due to rising temperatures and reduced rainfall, particularly affecting low-income countries with limited adaptive capabilities. Grasping how farmers perceive climate change is essential for developing effective adaptation strategies to lessen its adverse impacts. This study concentrated on investigating the perceptions and adaptive strategies employed by smallholder farmers in Nepal's Mustang district, utilizing primary data sources. Data from 131 randomly selected households were gathered through structured interviews, while focus group discussions provided qualitative insights into farmers' views …


The North Central Extension Risk Management Education Center, Part Iii: Outcomes And Impacts, Bradley D. Lubben, Christine Lockert, Sheila Aikanathan Johnson, Milan Chauhan 2024 University of Nebraska-Lincoln

The North Central Extension Risk Management Education Center, Part Iii: Outcomes And Impacts, Bradley D. Lubben, Christine Lockert, Sheila Aikanathan Johnson, Milan Chauhan

Cornhusker Economics

The North Central Extension Risk Management Education (ERME) Center has existed since 2001 to help support producer-focused agricultural risk management education across the twelve-state North Central Region. The Center works together with centers in other regions of the country to implement a comprehensive program of needs assessment, regional grantmaking, capacity building, and evaluation and reporting to support projects that help producers manage risk and document the outcomes and impacts of those projects.

The last two Cornhusker Economics articles have described the Center and its activities and have highlighted the successes of some recently funded projects. This article concludes the discussion …


Extreme Climate Events And Agricultural Commodity Markets, Mohammad Abir Chowdhury Shovon 2024 Louisiana State University at Baton Rouge

Extreme Climate Events And Agricultural Commodity Markets, Mohammad Abir Chowdhury Shovon

LSU Master's Theses

This article investigates the impact of extreme climate events on U.S. agricultural commodity markets, specifically focusing on corn and soybeans. Using event study methods and a comprehensive dataset of 254 extreme climate events for corn as well as 250 extreme climate events for soybeans in top ten corn & soybeans producing states of the USA between 1995 and 2023, we examine how storms, floods, extreme temperatures, and droughts affect the abnormal returns of these commodities. Our findings indicate that 22.04% of climate events significantly impact corn returns and 21.20% of climate events have significant impact on soybeans returns. Notably, extreme …


Impact Of Temperature On Children’S Nutrition: A Comparative Study Of Three Ecological Regions Of Nepal, Prakriti Shakya 2024 University of San Francisco

Impact Of Temperature On Children’S Nutrition: A Comparative Study Of Three Ecological Regions Of Nepal, Prakriti Shakya

Master's Theses

Nutrition obtained during the growth period of childhood significantly influences long-term well-being and overall productivity, ultimately contributing to the economy of a society. However, weather shocks can wreak havoc by damaging crops, changing yields of important crops and disrupting market access, which directly impacts the food intake of both adults and children. When these adverse events occur during childhood, short term and long term inadequacy in nutrition as well as disease incidence can cause malnutrition leading to stunted growth and cognitive impairment that may persist into adulthood, affecting the labor market and increasing health expenditure. To address this issue, we …


The Impact Of Index Based Livestock Insurance (Ibli) On Child Nutrition In Marsabit County, Kenya, Jackson Kadyampakeni 2024 University of San Francisco

The Impact Of Index Based Livestock Insurance (Ibli) On Child Nutrition In Marsabit County, Kenya, Jackson Kadyampakeni

Master's Theses

The study uses six rounds of Index-Based Livestock Insurance (IBLI) panel surveys (2009 – 2015) for Northern Kenya’s Marsabit county to investigate the impact of IBLI on child nutrition and household food security. We employ Ordinary Least Squares (OLS) and Instrumental Variable (IV) regressions to account for potential endogeneity in IBLI uptake. The results indicate that while IBLI uptake significantly improves the intake of key nutrients such as Vitamin A, protein, iron, and fruits and vegetables, it does not translate into significant improvements in child nutrition status, as measured by Mid-Upper Arm Circumference (MUAC) z-scores. Significant negative effects of age …


Assessing The Use Of Regenerative Agriculture In California Almonds As Climate Change Resilience, Skyler M. Seamons 2024 University of San Francisco

Assessing The Use Of Regenerative Agriculture In California Almonds As Climate Change Resilience, Skyler M. Seamons

Master's Projects and Capstones

The agriculture sector is responsible for 10% of the United States’ greenhouse gas emissions. In turn, anthropogenic climate change threatens crops. With its Mediterranean climate, California is the country’s largest agricultural-producing state. Many California crops are at risk due to increasing temperatures and changed precipitation patterns. This paper investigates regenerative farming techniques as a tool to protect California crops from a changing climate. Almonds are used as a case study to analyze the soil management practices, finances, and policies underlying regenerative agriculture in California. A literature review and comparative analysis are used to compare regenerative and conventional soil management practices …


An Exploration Of Learning And Teaching Methods In Agricultural Extension, Jeremy Levinson, Dave Lamie, Michael Vassalos, Chris Eck, Juang Chong, Francis P. F. Reay-Jones 2024 Clemson University

An Exploration Of Learning And Teaching Methods In Agricultural Extension, Jeremy Levinson, Dave Lamie, Michael Vassalos, Chris Eck, Juang Chong, Francis P. F. Reay-Jones

The Journal of Extension

Abstract

The Train-the-Trainer approach is widely used in Cooperative Extension education to efficiently disseminate research-based information to many clientele groups, including farmers. This paper compares the traditional Train-the-Trainer model to a comprehensive Collaborative Train-the-Trainer model and discusses weaknesses of the traditional model that are addressed in the Collaborative model. Sources of information used by farmers (growers) and overall effectiveness were measured through a survey instrument created and distributed to farmers in South and North Carolina. The Collaborative Train-the-Trainer model, which emphasizes peer-to-peer interaction and feedback loops, represents an enhanced approach for conceptualizing and implementing Extension educational programs.


Hay Inventory And Purchasing Calculator For Horse Owners, Robyn L. Stewart, Brooklyne M. Wassel 2024 University of Georgia

Hay Inventory And Purchasing Calculator For Horse Owners, Robyn L. Stewart, Brooklyne M. Wassel

The Journal of Extension

The Hay Inventory and Purchasing Calculator for Horse Owners is an Excel-based tool for estimating hay needs and expenses for horse owners. Challenges with hay quality and availability can result in higher than expected costs for horse owners as they attempt to purchase enough horse-quality hay to meet their needs. Estimating intake requirements and creating a budget for hay purchasing is key for the effective management and profitability of equine operations. This tool can be used regardless of geographic location and will benefit a diverse audience including Extension educators, equine business owners, and horse owners.


Ideas For Estate And Transition Planning: Gift Leaseback, Jessica Groskopf 2024 University of Nebraska-Lincoln

Ideas For Estate And Transition Planning: Gift Leaseback, Jessica Groskopf

Center for Agricultural Profitability

Simply gifting assets helps reduce estate value and potential taxes for the owners and increase the wealth of the heirs. However, some families are hesitant to engage in gifting strategies because the farm or the ranch needs access to those assets to remain viable. This article expands on gifting strategies by combining gifts with a lease agreement.


North Central Extension Risk Management Education Center Helps Producers Manage Risks, Christine Lockert, Sheila Aikanathan Johnson, Bradley D. Lubben 2024 University of Nebraska-Lincoln

North Central Extension Risk Management Education Center Helps Producers Manage Risks, Christine Lockert, Sheila Aikanathan Johnson, Bradley D. Lubben

Cornhusker Economics

Established in 2001, the North Central Extension Risk Management Education Center (NCERMEC) has a long history of supporting risk management education programs serving producers in the region. Located at the University of Nebraska-Lincoln Agricultural Economics Department, the Center is one of four regional Extension Risk Management Education (ERME) Centers located throughout the country. ERME is funded through USDA’s National Institute of Food and Agriculture (NIFA) and was authorized by the Agricultural Risk Protection Act of 2000. The fundamental purpose of the ERME program is to educate producers to manage risk and position their farm or ranch for future growth and …


Ancient Wisdom, Modern Prosperity: Harnessing Traditional Ecological Knowledge To Revitalize Australia's Economy, Environment, And Human Wellbeing, Annabelle L. Baulch 2024 Fordham University

Ancient Wisdom, Modern Prosperity: Harnessing Traditional Ecological Knowledge To Revitalize Australia's Economy, Environment, And Human Wellbeing, Annabelle L. Baulch

Student Theses 2015-Present

This paper explores the traditional knowledge of Australia’s Indigenous people and how it can improve Australia's environment, health, and economic prosperity to shape a more sustainable future. Indigenous Australians managed the land for thousands of years; however, being forced off the land following European colonization resulted in terrible cultural, social, and environmental disruption for Aboriginal Australians and made conservation efforts difficult. Wildfires, imported species, mining, and agriculture is steadily destroying the Australian ecosystem, contributing to climate change, species extinction, and gaps in our cultural and ancestral knowledge. Chapter One overviews Australia's environmental issues; it uses quantitative data to explore the …


Evaluating The Effect Of Garden-Based Education On Young Learners’ Preferences For And Willingness To Try Healthy Food, Sierra Gregory 2024 University of Arkansas, Fayetteville

Evaluating The Effect Of Garden-Based Education On Young Learners’ Preferences For And Willingness To Try Healthy Food, Sierra Gregory

Agricultural Economics and Agribusiness Undergraduate Honors Theses

Childhood obesity in American children has tripled in the last 20 years, and 85% of current healthcare spending is linked to diet-related diseases. The consumption of highly processed foods is linked to these trends and makes up more than half of an average American youths’ diet. Reducing the consumption of highly processed foods in children’s diets can be addressed, in part, by addressing childhood neophobia (willingness to try new foods) associated with whole foods like fruits and vegetables. Influence over behavioral areas such as nutrition and in early childhood is essential to long-term sustained health, and garden-based interventions shows promise …


Two Essays On The Economics Of Global Food Demand, Savant Nzayiramya 2024 University of Tennessee, Knoxville

Two Essays On The Economics Of Global Food Demand, Savant Nzayiramya

Masters Theses

This study provides an understanding of global consumption patterns across major spending and food categories using data from the 2017 International Comparison Program (ICP). The first chapter examines the demand for food and non-food items across 162 countries using the Quadratic Almost Ideal Demand System (QUAIDS) to estimate demand for nine spending categories: food, clothing, furnishings, transport, housing, health, recreation, education, and miscellaneous. We calculated expenditure, own-price, cross-price elasticities, and marginal shares across these spending categories and performed a welfare analysis to determine the compensation required to maintain the same utility following inflationary periods. The findings indicate that food is …


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