USDA released its annual Land Values report this week (August 6, 2015). Nationwide, farm real estate value averaged $3,020 per acre for 2015 which is an increase of 2.4 percent from 2014 values. The Southern Plains region shows the sharpest increase of 6.1% while the Corn Belt...
U.S. agricultural exports to China have increased substantially over the last fifteen years. Annual sales to China increased from $1.7 billion in 2000 to $24.2 billion in 2014. From 2012 to 2014, U.S. agricultural exports to China exceeded the sales to Canada, Mexico, and Japan (see Figure...
I have been working with our team on several projects that required us to learn a lot about animal nutrition for most of the species of animals raised in the US for food as well as companion animals like dogs, cats and horses. We started by developing...
I am currently a part of the Master of Agribusiness program through Kansas State University. It is a program designed for working professionals, so I am able to take the courses from a distance which allows me to continue my full-time work with Decision Innovation Solutions. This...
I was looking for a reasonable definition of the word "Analytics". This term is used everywhere in business nowadays and having some background in economics and statistical analysis, I am very curious about the new knowledge that it could add to what I do. Particularly, business analytics...
Did you know that the average cat eats about 0.8 lbs of soybean meal a year? The average dog? They're a different story – they eat about 4.98 lbs of soybean meal a year. Okay, we can all go home now, now that we know this life...
The latest (December 7, 2015) USDA meat trade data indicates that after five months of continued decline, U.S. pork exports experienced growth during September and October 2015 (see Figure 1). Compared to their corresponding previous month, U.S. pork muscle cut exports rose 6.7% in September and 2.5%...
The latest monthly data from USDA/ERS indicates that U.S. ethanol production in September 2015 was 1.2 billion gallons, declining 4% from the previous month, but increasing 3% from a year ago. U.S. domestic ethanol production during the first nine months of 2015 reached a volume of 11.0...
Last November 30, the EPA published its final rulemaking for the 2014-2017 time period of the Renewable Fuel Standard (RFS), which was enacted in 2007. The biodiesel mandate was slightly increased compared to the preliminary proposal released on May 29, 2015. The volumetric requirements for 2014, 2015,...
Have you ever had too much to handle with your current resources? I have – in more ways than one, but trust me, when it comes to managing a growing economic research firm, it's a great challenge to have and certainly not something to dread.
