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Author:Kauffman, Nathan 

Journal Article
Markets, not mandates, shape ethanol production

The 2012 drought has reignited the food versus fuel debate. After cutting U.S. corn production below recent years? consumption, the drought sparked a U.S. grain shortage and sent global food prices soaring. As the grain shortage intensified, pressure to relieve the shortage by easing ethanol mandates mounted.
Main Street Economist , Issue 5

Journal Article
The Outlook for Farmland Values amid Higher Interest Rates

In 2018, the spread between returns to farmland owners and benchmark interest rates narrowed to its lowest level in more than a decade in the Tenth Federal Reserve District. At the same time, farmland sales increased in some states for the first time in several years. Together, the reduced spread and indications of increased sales in some regions suggest the potential for lower farmland values moving forward.
Economic Bulletin , Issue April 10, 2019 , Pages 3

Journal Article
Farm investment and leverage cycles: will this time be different?

A wave of capital investment has spread throughout the U.S. farm sector in recent years. With booming farm profits, farmers have made a range of real estate investments, building new structures such as grain bins and machine sheds and improving productivity through expanded pivot irrigation and tiling. ; Exploring the historical patterns of U.S. farm capital investment and leverage, authors Henderson and Kauffman consider the prospects for another boom-and-bust cycle if historical patterns re-emerge. ; Over recent years, elevated farm profits have enabled farmers to keep leverage ratios near ...
Economic Review , Issue Q II , Pages 89-114

Journal Article
Manufacturing nudges Nebraska’s economy forward

Nebraska Economist

Journal Article
Economic gains brighten Nebraska banks' outlook

Nebraska Economist

Journal Article
The wealth effect in U.S. agriculture

Since 2009, wealth in the U.S. farm sector has surged along with booming farmland values. Similar to nonfarm households, farm enterprises historically have used wealth to support consumption and investments when income fades. During years of low income, farmers tap their existing wealth to finance spending on capital investments such as buildings, vehicles, machinery and other equipment. Thus, similar to nonfarm households, the wealth effect often leads to sharp increases in debt and leverage in farm enterprises.
Main Street Economist , Issue 1

Journal Article
Structural transitions in global agriculture: a summary of the 2014 Agricultural Symposium.

Main Street Economist , Issue 3 , Pages 1-7

Journal Article
Nebraska’s Labor Market Still Strong, but More People Working Multiple Jobs

The labor market in Nebraska remains strong, but some emerging trends point to elements of softness important to monitor moving forward.
Nebraska Economist

Journal Article
Nebraska’s key industries drive growth

Nebraska Economist

Journal Article
The shifting nexus of global agriculture: a summary of the 2013 Agricultural Symposium

Main Street Economist , Issue 4 , Pages 1-7

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