Purdue University Agricultural Economics

How could Trump’s new tariffs impact agriculture and manufacturing? Ag Econ professor Russell Hillberry and associate professor of economics Anson Soderbery share insights with the Purdue Exponent.  Lafayette, home to major manufacturers like Caterpillar and Subaru, is heavily dependent on exports, so the new trade policies could raise costs and create economic uncertainty. Hillberry explains how tariffs affect local businesses, farmers, consumers and many industries that are caught in the shifting trade dynamics. "In the case of soybeans and other agricultural prices, prices may end up slightly cheaper for consumers, but the farmers growing the soybeans lose out on significant revenue, Hillberry said. On the other hand, with production costs increased, some manufactured goods may see a price increase." Read the full article: https://lnkd.in/gaBq-KAT Purdue Agriculture #PurdueAg #TradePolicy #Tariffs

Maria Filipa Seara e Pereira, Purdue University Agricultural Economics PhD student and Global Trade Analysis Project (GTAP) researcher, examines how extreme weather events impact the agricultural economy, helping farmers make decisions in an uncertain future. https://lnkd.in/gCAB48EM

🎙️ New Episode Alert! Join Marie Mechley and Shay Doerstler as they welcome Dave Downey and Scott Downey, two influential leaders in Purdue’s ag econ program and the Purdue University Center for Food and Agricultural Business, to the Purdue Agricultural Economics Podcast! The father-and-son duo shares their journeys, the evolution of #agribusiness education, the center's impact on the global industry, and insight into Purdue’s #AGEC 331 and 431 courses. 🎧 Listen now: https://lnkd.in/g-Qge5bZ #PurdueAg

“There are people here that are amazing. They know a lot, and I feel like I can learn a lot, and that really stimulates my work.” -Maria Filipa Seara e Pereira Purdue University Agricultural Economics Global Trade Analysis Project (GTAP) Purdue Agriculture Learn more about her research in the Grad Spotlight! https://lnkd.in/gD3nZbDj

📄2025 Agricultural Credit Outlook In this #PAER article, Josh Strine and Todd Kuethe discuss how, despite lower interest rates, agricultural credit market conditions weakened in 2024, indicating a pessimistic outlook for 2025. This has caused farmers to demand more credit due to tighter operating margins, but lenders face a decreased availability of funds and lower loan repayment rates. 🔗

#GTAP Virtual Seminar Series GTAP Circular Economy Data Base Speaker: Maksym Chepeliev 🗓️ April 8 (register by April 6) 🕘 9-10am (US Eastern, UTC-4) 📍 Zoom https://lnkd.in/g6WCiNiA #GTAPVirtualSeminarSeries #GTAPVSS #CircularEconomy

Farmers' adoption of improved crop varieties could increase yields in low-income countries. However, the presence of measurement error in household surveys poses a challenge to estimating true returns. In this recent study, Nina Jovanovic, PhD and Jacob Ricker-Gilbert analyze the impacts of how different sources of measurement error in household surveys affect maize yields and input use. 🔗 Read the #OpenAccess study here:  https://lnkd.in/ecHTaK5j CGIAR #NPSinitiative Purdue University Purdue Agriculture Purdue University Agricultural Economics

The Purdue University Agricultural Economics Report’s annual outlook issue examines the determinants of job losses during the COVID-19 pandemic, showing that policy responses to COVID-19 were a major factor impacting the 2020 job markets.

Consumer Corner is BACK in 2025! Since 2020, we’ve tackled decision-making, market dynamics and the power of data in business strategy. Now, we’re returning to a monthly posting schedule – still challenging how consumer research, human behavior and economics shape decision-making. Check out our latest post where we’re looking into the growing enthusiasm for non-alcoholic beverages. See how shifting consumer preferences are reshaping the beverage industry and what that means for agribusiness. https://lnkd.in/gpRwMPcn Michael L Smith Nicole Widmar Purdue University Agricultural Economics #ConsumerCorner #Agribusiness #MarketTrends #ConsumerBehavior

Aniya Reeves (Indianapolis, IN) has built lasting connections at Purdue, from becoming a TA to charity galas to winning Homecoming Princess. As this week's #SeniorSpotlight, she’s set to lead in pharma with her leadership skills! 🔗 https://lnkd.in/gbRwSwuw #PurdueAg #BoilerUp