Agricultural Economics

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Florist arranges for flowers to travel when loved ones cannot

Thursday, July 23rd, 2020

For a company to stay in business for 100 years, it has certainly faced its share of hurdles. Lake Forest Flowers planted its roots northeast of Chicago in 1917 a few months before the Spanish Flu arrived. A century later, facing the COVID-19 pandemic, Lake Forest Flowers continues to find ways to meet changing needs.

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Indiana farmland values increase, but signs point to potential COVID-19 slump

Thursday, July 23rd, 2020 University News Story

The 2020 Purdue Farmland Value and Cash Rents Survey suggests that farmland prices across Indiana improved since the June 2019 survey; however, many of those gains occurred between June and December 2019. Since then farmland prices have declined modest…

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Majority agree masks have a role in US response to COVID-19

Wednesday, July 22nd, 2020 University News Story

Researchers from Purdue University and Oklahoma State University’s agricultural economics departments conducted a nationally representative survey of 1,198 U.S. residents to understand beliefs and knowledge regarding the role of masks in relation to th…

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Alumnus adapts restaurant to protect the health of his business and patrons

Monday, July 20th, 2020

Before electricity and modern refrigeration, icehouses were built to keep ice and snow frozen, and it was sold and shipped year-round. As refrigerators grew in popularity, icehouses shifted their business model. They became the predecessor to convenience stores, selling perishable groceries and cold drinks. 7-Eleven traces its origin to one such icehouse.

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Study: Rural-urban fiscal divide grows in response to decades of state tax overhauls

Wednesday, July 15th, 2020 University News Story

In the early 2000s, Indiana started making significant changes to its local revenue policies — altering the way counties assess property value, capping property taxes, adding new local income tax options, and modifying school and road funding formulas….

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Entrepreneurs find learning opportunities amid COVID-19 pandemic

Tuesday, July 14th, 2020

As March 14 drew near, Purdue alumni Woody and Kayla Nichols grew increasingly concerned about the upcoming open house at their store, Prairie View Ag Supply. More than 400 guests were expected at the annual event, but COVID-19 and uncertainty were beginning to spreading.

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Optimism about current conditions pushes farmer sentiment index to all-time high

Tuesday, July 7th, 2020 University News Story

Producers’ perception of improved current conditions in the agricultural economy pushed the Purdue University/CME Group Ag Economy Barometer to all-time record highs. The barometer rose to 168 in February, an increase of one point from January, and was…

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Purdue offers online workshops for agribusiness professionals

Thursday, June 18th, 2020 University News Story

Purdue University’s Center for Food and Agricultural Business will offer multiple online professional development courses and programs for food and agribusiness professionals through October 2020.

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Agritourism offers safe summer fun during COVID-19

Wednesday, June 17th, 2020

By day, Marshall Martin is a professor of agricultural economics, the senior associate director of agricultural research and graduate education and assistant dean in the College of Agriculture. In the evenings, he’s known to many customers as just the “blueberry man.”

While much at Martin Acres LLC, the West Lafayette farm he manages with his wife, Berdine, remains the same this year, they are taking precautions due to COVID-19. Martin is basing these necessary safety adjustments on guidelines for U-pick operations published by Purdue Extension.

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Celebrating dairy products and community in Indiana

Monday, June 8th, 2020

Since 1937, it has been a national tradition to celebrate dairy every June. Originally organized by a group of grocers to promote the distribution of milk in the heat of summer, the tradition has expanded to celebrate all dairy products and the people behind them. While the world grapples with radical change, there is no better time to celebrate the gathering of people and nutritious food around the table.

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How Hoosier farmers markets are coping with COVID-19

Thursday, June 4th, 2020

Farmers markets in Indiana are organized at the local level, subject to county health authorities and regulations. Under normal circumstances, these rules don’t differ much from town to town, Tamara Benjamin, assistant program leader for diversified farming and food systems for Purdue Extension, said.

In the era of COVID-19, however, the regulations dictating safety standards to vendors and visitors can vary drastically.

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COVID-19 continues to impact farmer sentiment; majority indicate economic assistance bill necessary

Tuesday, June 2nd, 2020 University News Story

Farmer sentiment improved slightly in May after falling sharply in both March and April, according to the Purdue University/CME Group Ag Economy Barometer. The index was up 7 points from April to a reading of 103, but it remained nearly 40 percent belo…

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Organic sign field

New Purdue/Microsoft collaboration calculates agricultural product supply risk due to COVID-19 worker illnesses

Wednesday, May 20th, 2020 University News Story

The Department of Agricultural Economics at Purdue University, in collaboration with Microsoft, has created the Purdue Food and Agricultural Vulnerability Index online dashboard to quantify the potential risk to the supply of agricultural products as a…

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Chapman in front of Ross-Ade Stadium

Senior’s legacy is an award-winning example of leadership

Thursday, May 14th, 2020

“I don’t know that I’ve ever called myself a leader. I just try to inspire people and give them the tools they need to succeed,” said Dane Chapman, a senior who majored in agribusiness.

While Chapman is hesitant to place the title of leader on himself, others who have worked with him call Chapman an ideal example, as did the 2020 France A. Córdova Leadership in Action Award’s selection committee, comprised of staff involved in leadership and student development programming.

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Stephen Schwartz and his father

Homeschooled student excels through collaboration

Wednesday, May 13th, 2020

Stephen Schwartz experienced a bizarre sense of deja vu in his final weeks at Purdue, finding them oddly similar to his high school years: finishing his degree online while at the top of his class. However, Schwartz admits his satisfaction at being selected for the 2020 G.A. Ross Award as the top male student in Purdue’s graduating class of roughly 8,000 students outshines his accomplishments in his homeschool class of one.

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