Nebraska County Export Values . . .

 

Economic Tidbits logoInternational trade and foreign markets are critical to Nebraska agriculture.  To get a sense of which Nebraska counties are most reliant on international trade, the Nebraska Department of Agriculture has created a map showing export values by county for select commodities (see below).  Commodities included are beef and beef products, corn, dairy products, distillers grains, ethanol, pork and pork products, pulses, sorghum, soybeans and soybean products and wheat.  The map was created using 2015 Nebraska cash receipts data and attributing shares to counties based on county production data.  Platte County topped the state with export values of $245 million.  Custer, Holt, Boone and Cuming Counties fall in the next tier with export values between $125-$150 million.  Most counties in Nebraska generate at least $25 million in export values, which no doubt contributes significantly to their local economies.

The top counties stand to gain the most from increased access to foreign markets.  Free trade agreements with Mexico, Canada, Korea, Colombia and others, while benefitting all counties, have been particularly beneficial to these counties.  An analysis last year of the benefits of the TransPacific Partnership (TPP) by Nebraska Farm Bureau showed many of these same counties would have benefited from the $378 million in increased receipts Nebraska was projected to receive under the agreement.  The map clearly demonstrates it is in the interest of Nebraska agriculture to continue to press for more open international markets in agricultural products.
county exports

 

Jay Rempe is the senior economist for Nebraska Farm Bureau. Rempe’s background in agricultural economics, years of experience in advocating at the state capitol, and firm grasp of issues allow him to quantify the fiscal impact of a regulatory proposal, and provide in-depth examination of key issues affecting Nebraska’s farmers and ranchers.

Jalapeño Popper Grilled Corn Salad

Jalapeño Popper Grilled Corn SaladIngredients

  • 8 Ears of Corn (olive oil, salt, pepper)
  • 2 Jalapeños – seeds & stems removed, finely chopped
  • 1 Cup Chopped Cooked Bacon
  • 2 ounces Cream Cheese – softened
  • 1/4 Cup Sour Cream
  • 1 Cup Grated Cheddar Cheese
  • Salt/Pepper To Taste

Instructions

  1. Preheat grill.
  2. Coat each ear of corn with olive oil, salt, and pepper.
  3. Place the ears on the grill and cover. Grill 15-20 minutes, rotating every 2-3 minutes.  Remove from the grill and allow to cool for 10 minutes.
  4. When the ears are cool enough to handle, cut the kernels off into a large bowl. Eight ears should yield about 6 cups of corn.
  5. In a small bowl, combine the cream cheese with the sour cream. When blended, stir the creamy mixture into the corn.
  6. Add the chopped jalapenos, bacon pieces, and cheese. Stir to combine.
  7. Serve immediately or chill and serve later.

 

Yield:  about 8 cups of salad

Sam’s Shepard’s Pie

Looking for a fun, easy recipe to fulfill your week? This recipe by Crew Member, Sam Steward, is a quick and delicious version of Shepard’s Pie. Try it tonight!

Shepards Pie - cropped

Ingredients

1 pound of hamburger

1 can of corn

1 can of cream of celery

3 cups of cheese

1 ½ cups onion

3 large potatoes

½ a stick of butter

 

Directions

  1. Preheat oven to 425 degrees and grease an 8×13 pan.
  2. Start by peeling and quarter the potatoes in a medium sized pot and boil until tender.
  3. While the potatoes are boiling, begin chopping 1 ½ cup of onion. Then in a medium sauce pan, melt ¼ stick of butter and start cooking the chopped onion until tender.
  4. Halfway through cooking the onions, add the can of corn and continue cooking until tender.
  5. Once the onion and corn are cooked until tender, add the 1 pound of hamburger and cook until brown.
  6. Salt and pepper the corn, onion and hamburger mixture to taste.
  7. Add the can of cream of celery to the corn, onion, and hamburger mixture.
  8. Once potatoes are cooked, you can start mashing them.
  9. In the greased, 8×13 pan, layer the hamburger mixture on the bottom. Then you can layer the mashed potatoes over top the hamburger mixture.
  10. Sprinkle the three cups of cheese over top and cover with foil.
  11. Place in oven and bake on 400 degrees for 45 minutes.
  12. To get browning of the cheese, broil for 5 minutes.

sam-steward-info-bar

Egg, Dairy and Chicken Prices Down, Beef Too

CS16_167 2016 Fall Harvest Marketbasket SurevyLower retail prices for several foods, including eggs, whole milk, cheddar cheese, chicken breast, sirloin tip roast and ground chuck resulted in a decrease in the American Farm Bureau Federation’s Fall Harvest Marketbasket Survey.

The informal survey shows the total cost of 16 food items that can be used to prepare one or more meals was $49.70, down $4.40 or 8 percent compared to a survey conducted a year ago. Of the 16 items surveyed, 13 decreased and three increased in average price.

Egg prices dropped significantly due to production recovering well from the 2014 avian influenza, according to John Newton, AFBF director, market intelligence. Milk prices are down substantially from prior years, particularly compared to record-highs in 2014, due to the current global dairy surplus.

“For all commodities in agriculture there is a lot of product on hand and prices are depressed,” Newton explained.

The following items showed retail price decreases from a year ago:

  • eggs, down 51 percent to $1.48 dozen
  • chicken breast, down 16 percent to $2.86 per pound
  • sirloin tip roast, down 11 percent to $5.04 per pound
  • shredded cheddar, down 10 percent to $4.09 per pound
  • whole milk, down 10 percent to $2.84 per gallon
  • ground chuck, down 9 percent to $4.13 per pound
  • toasted oat cereal, down 9 percent to $2.80 for a nine-ounce box
  • vegetable oil, down 9 percent to $2.39 for a 32-ounce bottle
  • flour, down 7 percent to $2.21 per five-pound bag
  • white bread, down 7 percent to $1.58 for a 20-ounce loaf
  • orange juice, down 5 percent to $3.26 per half-gallon
  • bacon, down 3 percent to $4.40 per pound
  • sliced deli ham, down less than 1 percent to $5.45

These items showed moderate retail price increases compared to a year ago:

  • bagged salad, up 16 percent to $2.85 per pound
  • apples, up 10 percent to $1.59 per pound
  • potatoes, up 3 percent to $2.73 for a 5-pound bag

“Dry conditions in the Northeast and Northwest the last few years likely contributed to smaller supplies and higher retail prices for apples,” Newton said. In addition, he said salad prices are up due to lower output in the West, particularly in California and Arizona.

Price checks of alternative milk and egg choices not included in the overall marketbasket survey average revealed the following: 1/2 gallon regular milk, $1.86; 1/2 gallon organic milk, $4.26; and one dozen “cage-free” eggs, $3.48.

The year-to-year direction of the marketbasket survey tracks with the federal government’s Consumer Price Index report for food at home. As retail grocery prices have increased gradually over time, the share of the average food dollar that America’s farm and ranch families receive has dropped.

“Through the mid-1970s, farmers received about one-third of consumer retail food expenditures for food eaten at home and away from home, on average. Since then, that figure has decreased steadily and is now about 17 percent, according to the Agriculture Department’s revised Food Dollar Series,” Newton said.

Using the “food at home and away from home” percentage across-the-board, the farmer’s share of this $49.70 marketbasket would be approximately $8.45.

AFBF, the nation’s largest general farm organization, began conducting informal quarterly marketbasket surveys of retail food price trends in 1989. The series includes a Spring Picnic survey, Summer Cookout survey, Fall Harvest survey and Thanksgiving survey.

According to USDA, Americans spend just under 10 percent of their disposable annual income on food, the lowest average of any country in the world. A total of 59 shoppers in 26 states participated in the latest survey, conducted in September.

All-American July 4th Cookout Ticks Up, Still Under $6 Per Person

A cookout of Americans’ favorite foods for the Fourth of July, including hot dogs, cheeseburgers, pork spare ribs, potato salad, baked beans, lemonade and chocolate milk, will cost slightly more this year but still comes in at less than $6 per person, says the American Farm Bureau Federation.

Farm Bureau’s informal survey reveals the average cost of a summer cookout for 10 people is $56.06, or $5.61 per person.

CS15_075 July 4th Marketbasket Survey_2015Although the cost for the cookout is up slightly (less than 1 percent), “Prices in the meat case are starting to look better from the consumers’ perspective,” said Veronica Nigh, an AFBF economist. “Retail ground round prices are trending lower,” she noted, pointing to the nation’s cattle inventory and commercial beef production, which continue to rebound from dramatically low levels in 2014 and 2015.

In addition, “On the pork side, commercial production also continues to grow and is at the highest level in 25 years,” Nigh said. Spare rib prices are about the same as a year ago, while the amount of product in cold storage is up 121 percent, Nigh pointed out. “This is helping mediate the normal seasonal upswing in spare rib prices we typically see around the July 4th festivities,” she said.

AFBF’s summer cookout menu for 10 people consists of hot dogs and buns, cheeseburgers and buns, pork spare ribs, deli potato salad, baked beans, corn chips, lemonade, chocolate milk, ketchup, mustard and watermelon for dessert.

Commenting on factors driving the slight increase in retail watermelon prices, Nigh said, “While watermelons are grown across the U.S., most come from four states – Texas, Florida, Georgia and California – which together produce approximately 44 percent of the U.S. crop. Shipments of watermelons are down nearly 8 percent compared to the same time period last year,” she said.

U.S. milk production is up 1 percent compared to the same period last year. During the first quarter of 2016 (January-March), U.S. milk production reached historic levels, putting significant downward pressure on the price farmers receive for their milk.

Nigh said the increase in the price of cheese slices highlights the spread in prices that often occurs between values at the farm, wholesale, and retail stages of the production and marketing chain.

A total of 79 Farm Bureau members (volunteer shoppers) in 26 states checked retail prices for summer cookout foods at their local grocery stores for this informal survey.

The summer cookout survey is part of the Farm Bureau marketbasket series, which also includes the popular annual Thanksgiving Dinner Cost Survey and two additional surveys of common food staples Americans use to prepare meals at home.

The year-to-year direction of the marketbasket survey tracks closely with the federal government’s Consumer Price Index report for food at home. As retail grocery prices have increased gradually over time, the share of the average food dollar that America’s farm and ranch families receive has dropped.

“Through the mid-1970s, farmers received about one-third of consumer retail food expenditures for food eaten at home and away from home, on average. Since then, that figure has decreased steadily and is now about 17 percent, according to the Agriculture Department’s revised Food Dollar Series,” Nigh said.

Using the “food at home and away from home” percentage across-the-board, the farmer’s share of this $56.06 marketbasket would be $9.53.

July 4th Cookout for 10 Costs Slightly More

Items Amount 2014 Price 2015 Price 2016 Price % change
Ground Round 2 pounds $  8.91 $  9.10 $  8.80 -3.3%
Pork Spare Ribs 4 pounds $13.91 $13.44 $13.36 -0.6%
Hot Dogs 1 pound $  2.23 $  2.19 $  2.09 -4.6%
Deli Potato Salad 3 pounds $  8.80 $  8.58 $  8.76  2.1%
Baked Beans 28 ounces $  1.96 $  1.83 $  1.90  3.8%
Corn Chips 15 ounces $  3.37 $  3.26 $  3.17 -2.8%
Lemonade 0.5 gallon $  2.00 $  2.05 $  2.04 -0.5%
Chocolate Milk 0.5 gallon $  2.82 $  2.65 $  2.50 -5.7%
Watermelon 4 pounds $  4.53 $  4.21 $  4.49  6.7%
Hot Dog Buns 1 package $  1.63 $  1.57 $  1.61  2.5%
Hamburger Buns 1 package $  1.68 $  1.50 $  1.59  6.0%
Ketchup 20 ounces $  1.36 $  1.46 $  1.44 -1.4%
Mustard 16 ounces $  1.25 $  1.14 $  1.24  8.8%
American Cheese 1 pound $  3.12 $  2.86 $  3.07  7.3%

Total $ 57.57 $ 55.84 $ 56.06  0.4%
Per Person 10 $   5.76 $   5.58 $   5.61  0.4%

Property Taxes Still Top Priority

steve corn head shotIn early June I had the opportunity to attend the 2016 Cattlemen’s Ball hosted by the Linemann Family near Princeton, Nebraska. The Ball is a tremendous event targeted to raising funds for cancer research. If you’ve never been, I’d encourage you to put it on your list of things to do and see in Nebraska. Congratulations to the Linemann family and all those who helped make this year’s event a major success!

Not only is the Ball a fun time for a great cause, it’s a good way to connect with people from across the state. During the Ball I had the chance to talk to many farmers and ranchers. Not surprisingly, property taxes and concerns about profitability in agriculture were the top two issues on people’s minds. As margins in agriculture have tightened, the squeeze of higher property tax bills have only added more financial pressure to farm and ranch families. With property valuation notices hitting mailboxes in June its only added to the seriousness of the need to address this issue.

I don’t need to repeat the numbers, but I will. Over the last 10 years property taxes collected on agricultural land statewide have increased 176 percent. Commercial and residential property taxes have also climbed by 49 percent and 35 percent, respectively. Nebraska’s three-legged tax stool of property, income and sales tax is out of balance. Property taxes now account for 48 percent of total collections of the three, with income taxes at 32 percent and sales taxes at 20 percent of statewide collections.

We have to bring balance to our tax structure and alleviate the over-reliance on property taxes. As we head into the heat of the summer, I want you as a Farm Bureau member to know this when it comes to the property tax issue:

Farm Bureau will continue to lead the charge to fix this problem. This isn’t an easy issue, but it is not an impossible one either. There are numerous ideas and approaches to better balance the tax burden and alleviate the pressure on property taxes. We’ve offered solutions in the past and we’ll continue to do so. We’re fleshing out new ideas, even as I write this. We are committed to this issue.

We have expectations of the Legislature. There are good people in the Nebraska Legislature who are interested in making sound tax policy for Nebraskans. The Legislature is still our first best means to solve the property tax problem. As we’ve always done, we will bring ideas to the legislature and work together with Nebraska senators to find solutions. With that said, the Legislature needs to act. Kicking the can down the road won’t cut it. We’ll continue to do everything we can to work with senators to make progress in the legislative arena.

We’re willing to be patient, but there must be a final destination. Baseball analogies are often used to discuss the property tax problem. I continue to hear the terminology “bunts and singles” when it comes to fixes for property taxes. “Bunts and singles” will not solve the problem unless you string enough of them together to score runs and ultimately win. I’ve testified before the legislature that if it takes multiple years to solve this issue, we’re willing to do that. But there must be a clearly identified end goal, with a plan for how that is accomplished.

All Nebraskans, not just farmers and ranchers deserve better. They say a rising tide raises all ships. While our farm and ranch members have been hit the hardest by property tax increases, we know many Nebraskans share those concerns and they’ve relayed those to their elected leaders. Our solutions to balance the property tax burden will work for all Nebraskans.

Doing nothing is not an option. I know you want this issue addressed. Many of you have reached out to the team at Nebraska Farm Bureau urging action. I also know some members are looking at alternatives beyond the legislature. As I said before, the legislature is our first best solution, but we are open to looking at all options to make the reforms needed to bring balance to our tax system.

As always, I want to thank you for being a Farm Bureau member. Farm Bureau exists to serve you and I always welcome your thoughts, input and ideas as we work together to address this critical issue.

 

Until Next Time,

Steve Nelson, President, Nebraska Farm Bureau

Eggs For Your Spring Basket Up, Salad and Orange Juice Down

Lower retail prices for several foods, including salad, orange juice, shredded cheddar, ground chuck, sirloin tip roast, vegetable oil, white bread, ground chuck, deli ham and orange juice, resulted in a slight decrease in the American Farm Bureau Federation’s Spring Picnic Marketbasket Survey.

The informal survey shows the total cost of 16 food items that can be used to prepare one or more meals was $53.28, down $.59 or about 1 percent compared to a survey conducted a year ago. Of the 16 items surveyed, ten decreased and six increased in average price.

CS16_054 Spring Marketbasket Graphic_vert“Egg prices are up sharply from first quarter of 2015, a year ago but are down even more sharply from the third quarter of 2015. This shows the effect of the HPAI (High Pathogenic Avian Influenza) event last year,” said John Anderson, AFBF’s deputy chief economist. “Prices soared in the latter half of last year, but are working their way back down as increasing production has started to catch up with demand, which has moderated prices somewhat,” he said.

Prices on the beef items in the marketbasket – ground chuck and sirloin tip roast – are lower compared with the first quarter of 2015, explained Anderson.  Retail beef prices peaked in early 2015 at record high levels.
“Since then, a combination of increasing beef production, weaker exports, and lower competing meat prices have led to modest price declines,” he said.

Dairy product prices also remain relatively low. At $4.29 for a one-pound bag, shredded cheddar cheese price is at the lowest price in this survey since the third quarter of 2012.  The whole milk price rose almost 3 percent from the third quarter of last year, but that third quarter price was the lowest price in the survey since 2010, noted Anderson.  The whole milk price remains well below the 2015 first-quarter price.
“Apple prices are up quite a bit year-over-year. This is a reversal of retail prices that were historically low in 2015,” said Anderson. Last year, the apple market faced a really tough export environment with labor disruptions at west coast ports as well as an increasingly strong dollar.

“Current retail apple prices are still below some pretty recent years, for example 2011 and 2012,” he said.

Items showing retail price decreases from a year ago included:

  • bagged salad, down 11 percent to $2.20 per pound
  • orange juice, down 8 percent to $3.21 per half-gallon
  • shredded cheddar cheese, down 7 percent to $4.29 per pound
  • whole milk, down 6 percent to $3.23 per gallon
  • ground chuck, down 5 percent to $4.36 per pound
  • vegetable oil, down 5 percent to $2.55 for a 32-ounce bottle
  • white bread, down 3 percent to $1.69 per 20-ounce loaf
  • flour, down 1 percent to $2.49 for a 5-pound bag
  • sirloin tip roast, down 1 percent to $5.65 per pound
  • potatoes, down 1 percent to $2.71 for a 5-pound bag

These items showed modest retail price increase compared to a year ago:

  • apples, up 12 percent to $1.64 per pound
  • eggs, up 9 percent to $2.23 per dozen
  • bacon, up 8 percent to $4.78 per pound
  • toasted oat cereal, up 6 percent to $3.31 for a 9-ounce box
  • chicken breast, up 3 percent to $3.37 per pound
  • deli ham, up 1 percent to $5.57 per pound

Price checks of alternative milk and egg choices not included in the overall marketbasket survey average revealed the following: 1/2 gallon regular milk, $2.13; 1/2 gallon organic milk, $4.32; and one dozen “cage-free” eggs, $3.67.

The year-to-year direction of the marketbasket survey tracks closely with the federal government’s Consumer Price Index (http://www.bls.gov/news.release/cpi.nr0.htm) report for food at home. As retail grocery prices have increased gradually over time, the share of the average food dollar that America’s farm and ranch families receive has dropped.

“Through the mid-1970s, farmers received about one-third of consumer retail food expenditures for food eaten at home and away from home, on average. Since then, that figure has decreased steadily and is now about 16 percent, according to the Agriculture Department’s revised Food Dollar Series,” Anderson said.

Using the “food at home and away from home” percentage across-the-board, the farmer’s share of this $53.28 marketbasket would be $8.52.

AFBF, the nation’s largest general farm organization, began conducting informal quarterly marketbasket surveys of retail food price trends in 1989. The series includes a spring picnic survey, summer cookout survey, fall harvest survey and Thanksgiving survey.

According to USDA, Americans spend just under 10 percent of their disposable annual income on food, the lowest average of any country in the world. A total of 87 shoppers in 28 states participated in the latest survey, conducted in March.