Jonathan Coppess

Carl Zulauf, Gary Schnitkey, Nick Paulson, and Jonathan Coppess - Carl Zulauf -

Maria Kalaitzandonakes, Brenna Ellison, and Jonathan Coppess - Maria Kalaitzandonakes - Recently, media reports have shown that consumers are frustrated by food manufacturer responses to increased food prices, including ‘shrinkflation’, and ‘skimpflation'. Finding effective ways to manage higher input costs without affecting demand or profit margins is top of mind for many food manufacturers. We utilize results from the Gardner Food and Agricultural Policy Survey to investigate consumer preferences for how a food manufacturer might respond to increased input costs.

When input prices for food products go up, food manufacturers can respond in several ways, including increasing prices, reducing the size of the

Carl Zulauf, Jonathan Coppess, Nick Paulson, and Gary Schnitkey - Carl Zulauf -

For all intents and purposes, the previously slim chances of a farm bill reauthorization process in 2024 or by the 118th Congress have become nonexistent.

Jonathan Coppess - Jonathan Coppess - The Congressional Budget Office cost estimate for the House Farm Bill highlights a tradeoff for conservation policy. The additional funding for four conservation programs that was appropriated in the Inflation Reduction Act is used as an offset for increasing the permanent budget authority for those and other conservation programs. It exchanges more funding available to farmers for conservation that is temporary for lesser funding initially but that doesn’t expire.

Gary Schnitkey, Jonathan Coppess, Gary Schnitkey, and Nick Paulson - Carl Zulauf - In general, little relationship was found to exist between SCO payment per SCO insured acre and ARC-CO and PLC payment per base acre for barley, corn, oats, peanuts, long and medium grain rice, Japonica rice, sorghum, soybeans, and wheat over the 2015-2022 crop years. This finding raises questions about why SCO insurance can be purchased for historical base acres elected into PLC but not for historical base acres elected into ARC-CO.

Jonathan Coppess - Jonathan Coppess -

Brenna Ellison, Maria Kalaitzandonakes, and Jonathan Coppess - Maria Kalaitzandonakes - Results from the most recent wave of the Gardner Food and Agricultural Policy Survey show that the average U.S. consumer is still feeling the effects of inflation. While the rate of inflation is slowing down, this does not mean prices experienced by households will be lower or that their perceptions of inflation are improving. Our results indicate that over the last two years, consumers remain quite pessimistic about inflation.

Carl Zulauf, Gary Schnitkey, Jonathan Coppess, and Nick Paulson - Carl Zulauf - Since the 1996 Farm Bill’s seminal policy change that gave farmers the freedom to decide which crops to plant or not plant, land in US farms has declined by 75 million acres or -8%. Most (88%) of the decline occurred in pastureland. It is thus incorrect to equate the loss of farmland to a loss of cropland. Cropland has declined by only -2% while pastureland has declined by -13%. The sizable decline in pastureland is consistent with the growth in confinement animal production.