Agriculture and the GATT: a time for change
AUTHORS: Henneberry, David; Barkema, Alan; Drabenstott, Mark
Agriculture in the former Soviet Union: the long road ahead
AUTHORS: Drabenstott, Mark; Skold, Karl; Barkema, Alan
The farm slump continues
The century's final year was one of frustration for U.S. agriculture - certainly not the way the industry had hoped to close the millennium. Farmers took pride> in their productivity, turning out the fourth bin-busting crop in a row and more red meat and poultry than ever before. But the big production collided with a still sluggish world market, holding down farm commodity prices. Still, farm income held up well above the average for the past decade, due to another big financial assistance package from Washington.> The farm slump will likely continue in the year ahead, although prospects for livestock and crop producers diverge widely. Livestock producers could have a very good year, with low feed costs and robust consumer demand boosting profits, but weak crop prices could drag down farm income. The farm export picture is beginning to brighten again, but too gradually to offer much relief in 2000. With exports soft and the nation's granaries still full, weak crop prices could be the norm. As in the last two years, help from Washington may determine whether farm income in 2000 rises or falls.
AUTHORS: Barkema, Alan
A turning point in the farm recovery?
AUTHORS: Drabenstott, Mark; Barkema, Alan
Processing food in farm states: an economic development strategy for the 1990s
AUTHORS: Stanley, Julie A.; Drabenstott, Mark; Barkema, Alan
The quiet revolution in the U.S. food market
AUTHORS: Welch, Kelly; Drabenstott, Mark; Barkema, Alan
The farm slump eases
Another big package of government financial aid cushioned the farm slump in 2000 but did little to lift agriculture's spirit. Overall, the industry's major financial indicators stayed remarkably healthy. Farmers delivered more red meat and poultry to supermarkets than ever before, and strong consumer demand in the robust U.S. economy boosted livestock prices and profits. But another big crop swamped still sluggish global markets, and weak crop prices held down farm incomes. In the end, help from Washington propped up the industry's financial indicators for the third consecutive year.> Barkema and Novack report that some signs of improvement in the industry have emerged, but, as in the year just past, the outlook for 2001 hinges on the weather and Washington. Global food consumption has caught up with agriculture's recent production surge, tightening world grain supplies and brightening prospects for farm exports. Nevertheless, normal weather and another big crop are likely to keep U.S. granaries full and crop prices low. Livestock producers could have another good year, but weak crop prices could hold down farm income. As in the past three years, agriculture's prospects in 2001 may rest on financial assistance from Washington.
AUTHORS: Novack, Nancy; Barkema, Alan
Farmland values: the rise, the fall, the future
AUTHORS: Barkema, Alan
The new U.S. meat industry
A new meat industry is rapidly emerging in the United States, as food retailers, meat processors, and farms and ranches coalesce into fewer and larger businesses. The industry?s rapid consolidation in recent years has triggered alarms that the industry?s new giants in retailing and processing could drive up food prices for consumers and drive down livestock prices for producers. How should public policy respond to the industry?s consolidation? And how can all participants in the industry?producers, processors, retailers, and consumers?benefit from its new structure?> Barkema, Drabenstott, and Novack examine the striking changes in the meat industry. First, they describe how the industry is changing. Then they examine the forces driving the industry?s consolidation. Finally, they consider how consumers and industry participants are affected. While current evidence is scant that market power has hurt either consumers or producers, the industry?s rapid consolidation nevertheless warrants vigilance. At the same time, public policy might also play a role in ensuring that all participants in the market benefit from its new structure.
AUTHORS: Drabenstott, Mark; Barkema, Alan; Novack, Nancy
U.S. agriculture charts a new course for the 1990s
AUTHORS: Barkema, Alan; Drabenstott, Mark