2012-06 PAER

June 1, 2012

Jobs, Jobs, Jobs: Purdue Ag Economics Students Get Them!
Andy Oppy, Career Service Coordinator and Academic Counselor

Ethanol Transforms Indiana Corn Uses
Chris Hurt, Professor

Deer And Elk Farming In Indiana: Economic Opportunity For Rural Communities
Alicia English, Ph.D. Candidate; John Lee, Professor

Articles in this Publication:

Jobs, Jobs, Jobs: Purdue Ag Economics Students Get Them!

Ethanol Transforms Indiana Corn Uses

Deer and Elk Farming in Indiana: Economic Opportunity for Rural Communities

Latest Articles:

The Iran Conflict and Global Food Security: Why the Burden Falls Hardest on the World’s Most Vulnerable

March 31, 2026

When an energy shock ripples out from the Persian Gulf, the headlines focus on oil prices, gasoline costs, implications for value chains and the profit margins of U.S. producers.

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The Iran Conflict and Consumer Food Prices: A Broad but Lagged and Sticky Shock

March 31, 2026

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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The Iran Conflict, Energy Prices, and U.S. Farm Profitability: A Balanced Assessment

March 31, 2026

The conflict that began on February 28, 2026, with U.S.-Israeli airstrikes on Iran triggered the closure of the Strait of Hormuz — the narrow chokepoint through which approximately 20 percent of the world’s traded oil and significant volumes of liquefied natural gas (LNG) flow. Within days, Brent crude oil surged from roughly $70 per barrel to over $110, the highest level since Russia’s 2022 invasion of Ukraine. Gasoline prices at the pump rose roughly 17 percent in the first two weeks of the conflict, and diesel — the lifeblood of farming operations — followed closely.

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