Monthly Archives: January 2013

Study Shows Kansas Cropland, Pasture Values Higher than Traditional Reporting Methods Indicate

K-State Study Compares Sales Data with Producer Survey Method

January 28, 2013 – A new Kansas State University study indicates that using sales transaction data in determining the value of Kansas farmland shows a higher – in some cases significantly higher – value for the land than the traditional survey method derived from producer estimates of farmland value.

“The current growth in land values and the many businesses and personal decisions affected by these values warranted more extensive analysis to obtain estimates that were less aggregated than either the state or crop reporting district-level values that were available,” said K-State Research and Extension agricultural economist Mykel Taylor. “For this study, we obtained sales transaction data from the Kansas Property Valuation Department, which reflect agricultural land sales in Kansas.”

A paper outlining the study is available online at Farm Management: Leasing. To read the full article online, click here.

Advertisements

Deadline Extended for K-State Risk-Assessed Agriculture Marketing Workshops

January 28, 2013 –For anyone who finds crop insurance confusing and marketing their grain overwhelming – K-State Research and Extension has a workshop for you.

Three Risk-Assessed Marketing (RAM) Workshops during February will address these issues – two of which will present basic information and one that is more advanced. Two of the workshops will be in Hays and one in Hillsboro. The registration deadline for the Hays locations has been extended to Feb. 4. The deadline for the Hillsboro workshop is Feb. 15.

RAM workshop dates, locations and contact information for each site include:

  • Feb. 6 – Hays – RAM I (basic) – 785-628-9430 or tam3@ksu.edu (register by Feb. 4).
  • Feb. 7 – Hays – RAM II (advanced) – 785-628-9430 or tam3@ksu.edu (register by Feb. 4).
  • Feb. 19 – Hillsboro – RAM I (basic) – Rickey Roberts, 620-382-2325 or rroberts@ksu.edu (register by Feb. 15).

More information, including links to brochures for each site, is available at 2013 RAM Workshops or by contacting Rich Llewelyn at 785-532-1504 or rvl@ksu.edu. To read the full article online, click here.

Ted Schroeder and Glynn Tonsor to speak at 100th Annual Cattlemen’s Day March 1

January 29, 2013 – On Friday, March 1 the 100th Annual Cattlemen’s Day will be held.  During this event, Agricultural Economics’ own Ted Schroeder and Glynn Tonsor will provide a program discussing the “Cattle Market and Industry Short-Run Outlook and Long Term-Prospective”.

Cattlemen’s Day begins at 8 a.m. in K-State’s Weber Hall with a commercial trade show and educational exhibits. The program begins at 10 a.m. in Weber 123.  For more information about this event, view the Cattlemen’s Day web pageClick here to read the news article from K-State Research and Extension.

Alumnus Steve Irsik reappointed as K-State representatives to the Council for Agricultural Research, Extension and Teaching

January 29, 2013 – Connie Kays (B.S. ’81, M.S. ’84 animal science) and Steve Irsik (B.S. ’69 agricultural economics) have been reappointed as K-State representatives to the Council for Agricultural Research, Extension and Teaching, or CARET. Kays is serving a four-year term as CARET liaison to the national Experiment Station Committee on Organization and Policy or ESCOP. Irsik was elected chair of the North Central CARET group in summer 2012 and will serve a two-year term.

To read more about these honors and other news from K-State Research and Extension, click here.

K-State Ag Economics Student Updates

Agribusiness students earn scholarships at Kansas Livestock Association Meeting

January 29, 2013 – Seven K-State students earned scholarships during the annual Kansas Livestock Association meeting. Of these seven scholars, 2 are agribusiness students. Carl Clawson, freshman in agribusiness, received the $1,000 Old District 4 Scholarship. Garrett Kays, freshman in agribusiness, received a $1,000 Youth in Agriculture Scholarship.


Agricultural Economics student addressed graduates at the College of Agriculture fall commencement in December

January 29, 2013 – Three bachelor’s degree candidates were selected to give the student address at the College of Agriculture fall commencement Dec. 8, 2012. The department’s own, Garrett Lister, was one of the three selected for this honor.

To read more about these honors and other news from the College of Agriculture, click here.


Melissa Lynes chosen to present at Capitol Graduate Research Summit

January 29, 2013 – Four of the 11 K-State students chosen to present at the Capitol Graduate Research Summit Feb. 14 in Topeka are from the College of Agriculture. They are Michael Gibson, master’s student in grain science; Melissa Lynes, doctoral student in agricultural economics; Michael Joseph, doctoral student in grain science; and Kabita Kharel, master’s student in entomology.

Agricultural economics’ alumnus Ya Ding and associate professor Jeff Peterson earn JAAE publication honor

Alumna Ya Ding and associate professor Jeff Peterson earned an award for outstanding article among those published in 2012 in the Journal of Agricultural and Applied Economics (JAAE), the official journal of the Southern Agricultural Economics Association (SAEA –

The article, entitled “Comparing the Cost-Effectiveness of Water Conservation Policies in a Depleting Aquifer: A Dynamic Analysis of the Kansas High Plains”, was published in the May 2012 issue of JAAE. The award will be announced during the SAEA Business Meeting and Awards Program on Feb. 4 in Orlando, Fla.

Ya Ding earned her Ph.D. in 2005 from the agricultural economics department. Jeff Peterson, agricultural economics associate professor, served as her advisor during this time. Currently, Ding is an associate professor in the School of Management and Economics at the University of Electronic Science and Technology located in Chengdu, China. The paper is a continuation of the research she began for her dissertation while at Kansas State.

The study compares the cost-effectiveness of two types of policies to conserve groundwater in the Kansas portion of the Ogallala aquifer. Both policies are commonly discussed and have been implemented to varying degrees. One policy is a technology cost-share program in which the government pays a portion of an irrigator’s investment in more efficient irrigation systems. The second policy is a water-right buyout program in which the government pays a farmer to cease irrigating a specific tract of land. From the public’s point of view, taxpayer funds are best used in the program that conserves the most water per dollar expended. This calculation is complicated by the fact that water savings depend on the usable lifetime of the aquifer as well as on farmers’ behavioral responses to a technology upgrade. For example, after a new technology is installed, the water saved may less than expected because farmers may switch to a more water-intensive crop or expand the area irrigated. This paper assesses the cost-effectiveness with a computational model that simulates the responses of farmers over time, accounting for the incentives to plant different crops as the aquifer gradually depletes and as technology is upgraded. The study finds that the more cost effective of the two policies depends on the initial saturated thickness of the aquifer, which implies that more water can be saved at lower overall taxpayer cost if the policies were targeted to different locations.

The paper can be viewed at http://ageconsearch.umn.edu/handle/123781