Agricultural Economics Commons^™

Which Factors Influence Consumer Organic Specialty Bakery Product Taste Ratings?, Tatiana Drugova, Kynda R. Curtis

All Current Publications

In this fact sheet, we compare consumer taste ratings for organic and conventional specialty bakery products and analyze what factors explain the differences. These products are typically consumed for pleasure and are more expensive than mainstream baked goods. However, consumers have high quality expectations, including taste, which may be an issue if not satisfactory. Understanding factors that impact consumer taste rating for organic specialty bakery products can help identify what might be done to improve taste perceptions/expectations and the success of organic specialty bakery/pastry products.

Who Values Organic Specialty Bakery Products?, Tatiana Drugova, Kynda R. Curtis

All Current Publications

In this fact sheet, we examine differences in socio-demographics and lifestyle choices between those who view organic as important when purchasing specialty bakery products and those who don’t, with the aim to identify a target market of consumers who prefer organic specialty bakery products. Additionally, we evaluate other important product attributes to consumers seeking organic specialty bakery products. Consumer taste ratings for organic and conventional specialty bakery products are compared for those who value organics and those who don’t to evaluate the impact of taste beliefs on consumer demand for organic specialty bakery products.

Data On Data: An Analysis Of Data Usage And Analytics In The Agricultural Supply Chain, Lourival Carmo Monaco Neto, Brady Brewer, Allan Gray

Department of Agricultural Economics Faculty Publications

The amount of data being collected throughout the agricultural supply chain has increased in both volume and velocity. All signs indicate that this will only increase as data collection technologies become more cost effective and prevalent throughout the supply chain. Previous work in this area has focused on data collection at the farm level. Our study focuses on data that originates at five different stages of the agricultural supply chain off the farm and how these stages view their firm's data collection and analysis efforts. We find that there is heterogeneity in the data collection efforts and analysis across the …

The Trade Impact Of Economic Integration Agreements, Byungyul Park, John C. Beghin

Cornhusker Economics

A year ago, Cornhusker Economics reported on the substantial trade integration that has been taking place globally in recent decades (see Beghin, 2022). With this proliferation of Economic Integration Agreements (EIAs) through regional and bilateral trade agreements and customs unions since the 1990s, many economists have investigated the effect of these agreements on merchandise trade. Early investigations struggled to find robust findings. They reached two opposite conclusions, with an eventual rejoinder on their limitations. Some investigations found statistically insignificant or negligible effects of EIAs on trade flows. Other investigations found significant effects, sometimes negative, of EIAs on trade. See Park …

Workforce Trends To Watch In 2023, Cheryl A. Burkhart-Kriesel

Cornhusker Economics

The rise of quiet quitters, digital nomads, and shaky employee trust are some of the major workforce trends that need watching in 2023, according to a recent article published by the Harvard Business School. Coupled with an uncertain economy and a tight labor market, business owners can view these potential trends as either challenges that pull their business down or opportunities that offer a competitive advantage. To leverage these toward business growth and increased productivity, it takes an understanding of how these trends emerged and how they could be an asset in an ever-changing business environment.

Covers: quiet quitters, digital …

Incentive Mechanisms To Exploit Intraseasonal Price Arbitrage Opportunities For Smallholder Farmers: Experimental Evidence From Malawi, Tabitha Nindi, Jacob Ricker-Gilbert, Jonathan Bauchet

Department of Agricultural Economics Faculty Publications

Seasonal commodity price fluctuations can potentially offer farmers arbitrage opportunities to increase their income. However, smallholder farmers in most of sub-Saharan Africa often do not exploit these opportunities to the fullest extent possible. To inform this issue, we conducted a randomized controlled trial among 1739 smallholder farmers in Malawi to estimate the impact of two key post-harvest constraints, lack of appropriate storage technology and commitment issues, on farmers' legume storage and sales decisions. The treated groups received (i) an improved storage technology in the form of two hermetic (airtight) bags, (ii) the same improved storage technology under the condition that …

Rising Interest Rates: What They Mean For You And The Economy, Timothy Meyer

Cornhusker Economics

Discusses rising interest rates what they mean for agricultural workers and the economy.

2023 Nebraska Crop Production Budgets Higher Costs And Risks, Glennis Mcmclure

Cornhusker Economics

The Nebraska crop budgets are available for the 2023 production season. The 84 budgets indicate cost of production increases. Estimated average economic or total costs per bushel for 2023 corn production are expected to be at least 23% to 25% greater than last year. Soybeans are estimated to be 13% to 19% more in economic costs per bushel, with wheat production costs having jumped over 20% compared to last year and running as high as 63% higher over the last two years combined. Cost scenarios for individual producers can vary based on their timing of input purchases and price variabilities.

Potassium Fertilizer Rate Recommendations: Does Accounting For Soil Stock Of Potassium Matter?, Kimberly B. Oliver, Michael P. Popp, Di Fang, John D. Anderson, Nathan A. Slaton, Gerson L. Drescher, Trenton L. Roberts, Jada Thompson

Agricultural Economics and Agribusiness Faculty Publications and Presentations

Profitability, yield, and fertilizer use are compared across three different potassium (K) fertilizer rate recommendation ideologies. Existing agronomic, “build and maintain” rate recommendations (KE) are compared to profit-maximizing rates with and without taking long-run soil-test K (STK) implications into account. Regardless of starting STK, K use equilibrated over the course of 3 years irrespective of ideology. Since taking long-run STK into account did not alter ending STK and only led to a miniscule yield effect, we encourage producers to use annual profit-maximizing K rates that were 3–11% lower than KE rates and generated more profit with minimal yield loss.

Quantifying Wheat Blast Disease Induced Yield And Production Losses Of Wheat: A Quasi-Natural Experiment, Khondoker Abdul Mottaleb, David P. Hodson, Timothy J. Krupnik, Kai Sonder

Agricultural Economics and Agribusiness Faculty Publications and Presentations

Applying the difference-in-difference (DID) estimation procedure, this study quantifies the wheat blast (Magnaporthe oryzae pathotype Triticum) induced losses in wheat yield, quantity of wheat sold, consumed, or stored, as well as wheat grain value in Bangladesh in 2016 following a disease outbreak that affected over 15,000 ha. Estimates show that the blast-induced yield loss was 540 kg ha⁻¹ on average for households in blast-affected districts. Estimated total wheat production loss was approximately 8,205 tons worth USD 2.1 million in during the 2016 outbreak. Based on these insights, we discuss the need for long-term assured investment and concerted research …

Wayne E. Sabbe Arkansas Soil Fertility Studies 2022, Nathan A. Slaton, Mike Daniels

Arkansas Agricultural Experiment Station Research Series

Rapid technological changes in crop management and production require that the research efforts be presented in an expeditious manner. The contributions of soil fertility and fertilizers are major production factors in all Arkansas crops. The studies described within will allow producers to compare their practices with the university’s research efforts. Additionally, soil-test data and fertilizer sales are presented to allow comparisons among years, crops, and other areas within Arkansas.

Estimating The Demand For Groundwater: A Second-Stage Hedonic Land Price Analysis For The Lower Mississippi River Alluvial Plain, Arkansas, Kent Kovacs, Sheby Rider

Agricultural Economics and Agribusiness Faculty Publications and Presentations

We estimate the benefits of the saturated thickness (water-bearing porous material) of the alluvial aquifer in Arkansas through an application of the hedonic price model to the sale of agricultural land. There is evidence from the first-stage analysis of diminishing returns from increasing saturated thickness. Using a survey of farmer operators’ preferences and socioeconomic characteristics, we recover the underlying demand function for saturated thickness in a second-stage analysis. Shifts in the demand function reveal that produced/social capital can be a substitute or a complement to saturated thickness, and human capital is a substitute for saturated thickness.

The Impact Of Organized Activism On Technology Sharing, Ahmed Chennak, Amalia Yiannaka

Cornhusker Economics

What factors influence a firm's decision to share its technology with competitors? While patent licensing has received considerable attention in the literature, studies have typically focused on the optimal licensing contract for product and process innovations in various market settings. A key finding of this literature is that the optimal licensing strategy depends on the type of the patentee; that is, whether the patentee is a producer in the market (insider patentee) or not (outsider patentee). Little attention has been given, however, to the role the general public can play on firms' incentives to share their innovations through licensing contracts …

Heifers On Feed Indicate Long-Term Liquidation Still Occurring, Elliott James Dennis

Cornhusker Economics

This article was first published in the Livestock Marketing Information Centers' (LMIC) In the Cattle Markets newsletter on January 9, 2023.

Combining the historical quarterly percentage of heifers on feed and cattle inventory report can provide an indicator of how many heifers will be held back for replacement in the 2023 report.

Hedging Your Average Crop Price Using Seasonals, Cory Walters, Richard K. Preston

Cornhusker Economics

In this article, we connect what the industry says and what producers say to improve the disconnect and the decision-making environment associated with hedging. We accomplish this by inspecting the distribution of producer prices with and without hedging in the fall as the distribution contains both yearly outcomes (producer concern) as well as the average outcome (another point of view). Computer models are used to lift the mystery surrounding the role of hedging. Computer models help understand complex processes, allowing for a better decision environment, leading to improved financial standing and stability. Our model reproduces the risk profile that individual …

Home Tap Water In Nonmetropolitan Nebraska, Rebecca J. Vogt

Cornhusker Economics

Water is an important resource in Nebraska. Most of the drinking water in the state (85%) comes from groundwater sources. Public water sources are required to test their water to ensure it is safe. However, private wells are not subject to any safety or quality standards. Given that, what are the main sources of home tap water for rural Nebraskans? Do they test or treat their water? The 2022 Nebraska Rural Poll examined these questions.

Economic Feasibility And Consumer Acceptance Of Strawberry Plants As An Additional Offering In Fall Mum Sales, Alyx Shultz, Eva Bogue, Anna Griggs, Allison Croslin

Posters-at-the-Capitol

As consumers become more health conscious and concerned with food production practices, increased market demand had developed for edible plants with ornamental properties. This action research examined the economic feasibility, production realities, and consumer acceptance of offering garden and alpine strawberries at fall mum sales. Each year $173 million in mums are sold in the United States. By offering potted strawberries for sale alongside mums, Kentucky producers may be able to mitigate their risk as well as generate additional on-farm revenue from a proven consumer base and market. Researchers grew 100 garden strawberries and 100 alpine strawberries and offered the …

Role Of Social Network On Technology Adoption: Application To Nebraska Producers In The Face Of Undesirable Vegetation Transitions, Sabrina Gulab, Holly K. Nesbitt, Simanti Banerjee, Theresa Floyd, Karina A. Schoengold

Cornhusker Economics

Conclusion

Producers need to have access to information regarding new conservation practices and technologies to ensure land management in the face of ecological threats in general and vegetation transitions (VTs) in the context of our study. This study investigates the role of an individual producer's social network on the willingness to seek information about technologies and management practices and the likelihood of new technology adoption with special attention to risk attitudes and producer spillover effects. Our results provide evidence that network composition and information obtained through a producer's social network don't influence an individual's willingness to seek information about new …

The Most Environmentally Sustainable Diet For Adolescents In Terms Of Land Use, Food Waste, And Greenhouse Gas Emissions., Lina Elsehelly

Papers, Posters, and Presentations

The current food system is directly responsible for much environmental damage including severe climate change, biodiversity loss, and land scarcity. This research aims to find some strategies to mitigate these damages through diet by specifically targeting adolescents because they are potential problem-solvers. This period is also when personality and habits are articulated. By focusing on reducing greenhouse gas emissions, land use, and food waste, a more environmentally sustainable diet can be formulated. The key findings of the research can be summarized by reducing ultra-processed foods, choosing sustainably produced food, generally reducing meat consumption from the current rate, substituting red and …

Wa Avocado Life Cycle Analysis (Lca), Christophe D'Abbadie, Saloomeh Akbari

Horticulture research reports

The Western Australian (WA) avocado industry is an important contributor to the state's economy, with a market value of 201 million Australian dollars and a production of 32,239 tonnes in 2019-20. The Shire of Manjimup is a particularly significant contributor to the state's avocado production, accounting for 67% of the total. The Busselton shire accounts for an additional 16%. The remaining 17% is produced in other shires throughout the state (Radhakrishnan et al, 2022).

This report aims to conduct a Life Cycle Assessment (LCA) of a generic avocado producer based in Manjimup, WA, in order to evaluate the environmental impacts …