1991-03 PAER

March 15, 1991

  • Evaluating Participation in the 1991 Government Farm Program
  • Economic Impacts of Reduced Fertilizer and Pesticide Use: A Complex Question
  • Manufacturing Investment: How is Indiana Doing?
  • Economic Implications of Alternative Ractopamine Dosages on Hogs
  • The Desirability of Farming as a Vocation

Articles in this Publication:

The Desirability of Farming as a Vocation

Economic Implications of Alternative Ractopamine Dosages on Hogs

Manufacturing Investment: How is Indiana Doing?

Economic Impacts of Reduced Fertilizer and Pesticide Use: A Complex Question

Evaluating Participation in the 1991 Government Farm Program

Latest Articles:

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The March 2026 CPI report confirms what the structural analysis predicted: the Iran Conflict’s initial consumer price impact is concentrated in motor fuels, which respond to crude oil prices with almost no lag. The 0.9 percent monthly CPI increase is large by recent standards — the largest monthly increase since mid-2022, but it is not yet the broad-based food and goods inflation that a prolonged Strait of Hormuz disruption will eventually produce.

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The initial public reaction to an oil price shock reaching $110 per barrel is often to project near-immediate, dramatic increases in grocery prices. This instinct overstates the direct farm-to-retail transmission channel in a straightforward and measurable way. The USDA Economic Research Service tracks how each dollar of consumer food spending is distributed across the supply chain in its Food Dollar Series. The picture it reveals is sobering for those who expect large and rapid retail food price responses driven purely by higher farm input costs.

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