Agricultural Economics Commons^™

Growing South Dakota (Summer 2023), College Of Agriculture, Food And Environmental Sciences

Growing South Dakota (Publication of the College of Agriculture, Food and Environmental Sciences)

3 SDSU Little International Celebrates 100 years of Tradition
7 2023 CAFES Celebration of Faculty Excellence
11 South Dakota Agricultural Experiment Station Locations and Research Initiatives
15 Every Acre Counts
16 Undergraduate Research
19 Tanner Sloan: South Dakota State Wrestler & Animal Science Student Takes Home NCAA Division I & U23 World Silver Medals
21 2023 CAFES Outstanding Seniors
23 Robert Streeter: International Advocate for Wildlife Conservation
25 Collegiate Cattlemen's Club
27 Jim and Melody Mielke: Lifelong Donors Contribute to Agriculture in More Ways than One
29 Jackrabbits Now and Then

Improving The Land Trust Model’S Impact On Environmental Conservation In Northern California, Peter Talbot

Master's Projects and Capstones

For years, the land trust sector of California and much of the United States has operated with a dollars and acres mentality that has prioritized fundraising as a result of acreage protected. Within California, nearly 5.8 million acres of land have been protected by 132 land trusts throughout the state. To accommodate for the diverse cross-section of land and the many needs of the population, land trusts take on numerous shapes and sizes. A unique aspect of this diversity is the rich agricultural and natural spaces found throughout the state. This mix of land and variety of land uses has …

Nutrient Optimization For Vegetable Production Under Decoupled Aquaponics Using Brackish Water, Salma Walid Hany Ahmed Abdelfattah

Theses and Dissertations

As the world moves to more sustainable agriculture methods in the agribusiness industry, decoupled aquaponics is recognized as one of the newest techniques currently being utilized to achieve more local food security. As the topic is still freshly new within the industry, a finite number of publications and studies have been made that address the topic hands-on with its many variables. Subsequently, in this paper, an experiment was conducted to assess the most optimized production conditions of both lacinato kale (Brassica oleracea var.palmifolia) and Swiss chard Bright Light (Beta vulgaris ssp. Cicla var. flavescens) plants through the utilization of a …

Managing Market Volatility In 2023, Jay Parsons, John Hewlett, Jeff Tranel

Center for Agricultural Profitability

Current prices for agricultural commodities are strong. The average auction market price in early May for 500–600-pound steer calves in Nebraska was $264 per cwt. Heifer prices were $30 lower, at $234 per cwt. Elevator prices for corn in western Nebraska are in the high $6-per-bushel range. Wheat prices at the elevator are around $8 per bushel. Hay prices are $200 to $300 per ton if you can find it. Severe drought and world market volatilities over the last couple of years have pushed all of these markets higher. Growers and sellers of these commodities are anxious for harvest to …

New Loan Payment Calculator Tool Launched, Jessica Groskopf

Center for Agricultural Profitability

The Center for Ag Profitability has released its Loan Payment Calculator, a web-based tool that makes it easy to calculate annual loan payments. Users must enter the total purchase amount, down payment amount, annual interest rate (APR), duration in years, and the starting year of the loan. The calculator tool allows users to download the payment schedule, also called amortization, as a PDF or CSV file.

Using Breakeven Analysis For Better Decisions, Larry W. Van Tassell

Center for Agricultural Profitability

One of the merits of enterprise budgeting is the value of statistics obtained by producers as they engage in decision-making activities. Some of the easiest and most useful computations that can be obtained from enterprise data are breakeven values. As the name suggests, a breakeven gives the price or yield required for the revenue obtained from the enterprise to equal the costs encumbered to produce that revenue.

Nebraska Extension Educators Bring Entrepreneurship Education To Georgia And Armenia, Molly Brandt, Marilyn R. Schlake, Ryan Evans

Center for Agricultural Profitability

In a unique initiative by the American Councils for International Education, Nebraska Extension educators Molly Brandt and Marilyn Schlake were invited to travel to the countries of Georgia and Armenia in 2022 to train local educators in the principles of the 4-H Entrepreneurship Investigation (ESI) curriculum.

Brandt, an innovation and entrepreneurship 4-H educator, and Schlake, a Rural Prosperity Nebraska educator in the Department of Agricultural Economics, prepared for what they thought was a one-time experience. However, after their successful endeavor in Tbilisi, Georgia, in October 2022, they were invited back in April 2023, to deliver similar training in Yerevan, Armenia.

The Changing Cost Of Cattle Transportation, Elliott James Dennis

Center for Agricultural Profitability

Diesel is one of the primary inputs in the transportation of goods throughout the United States. Livestock hauling is no exception. Feeder cattle are generally transported long distances in the fall as they move from summer grazing to placement in backgrounding operations or directly into feedlots. Cattle, and other livestock in general, can handle transportation stress fairly well – to a point. Trucking feeder cattle long distances can impact animal health outcomes, and improper animal handling can lead to bruised or injured cattle. These negative impacts can generally be offset by appropriate stocking densities, proper trailer ventilation, correct animal handling …

Reintroducing Hemp (Rongony) In The Material Palette Of Madagascar: A Study On The Potential Of Hemp Clay Components And Its Impact On Social And Ecological Communities., Henintsoa Thierry Andrianambinina

Masters Theses

When mentioning the word hemp, especially in the local language of Madagascar, the literal translation does not set it apart from marijuana, as they are both called “rongony” - creating the stigma around hemp as the negative stereotype of marijuana. However, the material has been used by the ancestors of Madagascar, as well as across cultures, in its fibrous form to produce fabrication like textile goods and packaging. During colonization, the prohibition of hemp intensified, and since then, any activity related to either of these plants is prohibited and will end in severe punitive measures. This thesis explores the strengths …

Managing Calf Market Risk With Lrp In 2023, Jay Parsons

Center for Agricultural Profitability

When profit margins are strong, livestock owners have a natural tendency to relax a bit and enjoy the business of producing animals. Expansion may come to mind and effort is often put forth to improve production output. Protecting market price may become a secondary priority. However, a lot can happen between now and marketing time. Price trends can suddenly turn and quite often expectations may not be met. Protecting price should be just as much — maybe more — of a priority when the price outlook is optimistic, as it is in a downward trend. An unprotected, overly optimistic price …

Higher Cattle Prices Are Good But Wide Profit Margins Are Better, Elliott Dennis

Center for Agricultural Profitability

Feeder and fed cattle prices have continued to rise throughout the first part of the year. Reduced cattle supplies and relatively stable beef demand have helped support higher prices. Fed and feeder cattle prices have reached all-time heights, at least nominally. In low inflationary environments comparing nominal prices across time would be less problematic. Contrary to previous sentiments, inflation has not been transitory. Inflation, as measured by the Personal Consumption Expenditures Excluding Food and Energy (Chain-Type Price Index), has increased significantly in the last 3 years (see Figure 1) and thus comparison across years should be done using real prices …

Economic Analysis Of Western Corn Rootworm Injury To Continuous Corn In Northeast Nebraska., Isadora Vercesi Bethlem

Dissertations and Theses in Agricultural Economics

The most economically significant corn pest in the US Corn Belt is the Western Corn Rootworm (WCR), Diabrotica virgifera virgifera LeConte. This study compares a field experiment outcome of 4 different treatments against WCR, which consist of a rootworm Bt corn pyramid (SmartStax®) and non-rootworm Bt trait hybrid (VT2P), with or without the addition of the rootworm soil insecticide (Aztec®) to identify the risk-reward trade-off for each one of them. Observed prices were used for the years in the study (2020, 2021, and 2022), and low and high price scenarios were simulated for the period, to incorporate different dynamic relations …

Pursuing Antiracist Public Policy Education: An Example Connecting The Racist History Of Housing Policy To Contemporary Inequity, Craig W. Carpenter, Tyler Augst, Harmony Fierke-Gmazel, Bradley Neumann, Richard Wooten

The Journal of Extension

We review the antiracism concept and contextualize it in Extension public policy education and the Extension system itself. Despite public policy education having a long history in Extension on a wide variety of issues, missing from this programming is the pursuit of antiracism. As a programmatic example, we review some historical causes of present-day housing inequities and an associated example approach for pursuing antiracism in housing policy education. Finally, we conclude by noting additional opportunities to pursue antiracism in Extension public policy education. In doing so, we emphasize that public policy education cannot be “nonracist” if it is not antiracist.

Shiny Apps: The Evolution Of Extension Tools From Spreadsheets To New Interactive Dashboards, Allan Fabricio Pinto Padilla, Terry Wayne Griffin

The Journal of Extension

The Interactive web dashboard is the newness with characteristics and features that are replacing the status quo downloading spreadsheets. RStudio is the program used to create Shiny Apps dashboards with R. We explain some of those features so that Extension specialists can adopt the methodology, engage stakeholders, and help them understand and apply results to their production systems, although we do not explain the creation process step by step. Our approach offers not only a useful and modern way to disseminate information to empower decision-making, but also a safe environment in which data can be automatically updated and users cannot …

Solar Grazing As A Possible Vegetation Management Solution: A Budget Analysis, Byron Louk

Agricultural Economics and Agribusiness Undergraduate Honors Theses

A growing response to climate change among agricultural producers is to integrate renewable energy production in their portfolio of enterprises. Nonetheless, land use competition for agricultural production and solar energy production exists. To alleviate some of this competition, and possibly generate income for sheep grazers, photovoltaic (PV) system operators may save on operations and maintenance by grazing forages under solar panels rather than using mechanical or chemical means of vegetation management. “Solar grazing” operations have been shown to be economically feasible for PV system operators who own the land and pay for sheep grazing as a method of vegetation management, …

Understanding The Operations And Decision-Making Of Cow-Calf Farmers In Northwest Arkansas, Clayton Weyl

Agricultural Economics and Agribusiness Undergraduate Honors Theses

Societal pressure on farmers has become a more central part of the rhetoric surrounding livestock production. This study includes farmers in the discourse on the rhetoric surrounding climate change via interviews and simulations tailored to their operation. Previous research has addressed regenerative agricultural practices and conditions that influence farmer decision-making, but little research has analyzed decision-making in tandem with environmental practices. The literature reveals that cow-calf producer decision-making is influenced by their reliance on cattle as an income source, and farmers overall choose climate-friendly practices based on their perceptions about climate change. The goal of this research was to gather …

Economic Contribution Of The Agricultural Sector To The Arkansas Economy In 2021, Leah English, Jennie Popp

Research Reports and Research Bulletins

Agriculture and associated agricultural activities are major contributors to the Arkansas economy. Agriculture is defined as the sum of agricultural production and processing activities, unless otherwise specified, and includes crop and animal production and processing, agricultural support industries, forestry and forest products, and textile goods. Agriculture contributes to the economy through direct agricultural production and processing, leading to economic activity in other parts of the economy.

This report is the sixteenth 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 …

Us Public School Demand For Locally Produced Meat And Poultry, Shara Akat

Dissertations and Theses in Agricultural Economics

The objective of the USDA Farm-to-School program is to promote the understanding and use of local food in school education and meals. The hope is that by reconnecting students with how food is raised and purchasing the product from local producers it will increase nutrition and reduce food insecurity and obesity among students while simultaneously increasing economic activity for local producers. Most studies evaluating the federal program have focused on how the economic outcomes for local producers or student related health outcomes and primarily using fresh fruits and vegetables. Fundamental to either of these outcomes is understanding the schools’ demand …

Ireland V. United States: Agricultural And Environmental Sustainability Policies, Lauryn O'Grady

Accounting Undergraduate Honors Theses

The United States and Ireland have varying practices to achieve similar objectives in regard to environmental sustainability. While the European Union has maintained and updated a uniform policy throughout its existence--the Common Agricultural Policy--the United States instead created short-term solutions to a long-term problem. Not only does the United States tend to solve issues in the short-term, the policies between agricultural production and environmental sustainability are not necessarily aligned or remotely relative to the other. While the United States’ new Global Food Security Strategy implements parts of both agricultural and environmental sustainability, much of the history was not based off …

Balancing Interests In Forest Governance In Brazil And Indonesia, Annabel Mccormick Baldy

Environmental Studies Honors Papers

Forests play a major role in reducing levels of Greenhouse gasses which are a major contributor to global warming. Conversely, deforestation is a major contributor to climate change. This study examines the concept of good forest governance, dispelling notions that resource use needs to be a zero-sum game. Rather, it identifies local collective agreements as espoused by Elinor Ostrom in Governing the Commons as the best means of balancing the undeniable economic potential of converting forests to other uses (grazing, farming, and mining) with the more sustainable approach of protecting forests for their environmental benefit. For Ostrom, these collective agreements …