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Dairy producers lose productivity going organic, but can save on feed: While dairy producers can expect less milk when switching from conventional to organic production, they may be able to cut some costs on expensive feed, according to Purdue University studies. Using U.S. Department of Agriculture data that includes information specific to organic dairy producers, a team led by Joseph Balagtas, an assistant professor of agricultural economics, found that organic dairy producers produce about 13 percent less milk compared to peers using conventional production methods. He said that knowledge is critical for dairy producers who might be interested in going organic. 

The State Revenue Forecast : On Dec. 15 the state revenue forecast was reduced by $1.8 billion for this biennium. The state's budget was expected to have a billion dollars in balances by the end of the biennium. The loss of $1.8 billion would make balances negative, and the state Constitution doesn't allow deficits. That means the budget passed in June 2009 doesn't work.  

Dr. Nicole Olynk joins Agricultural Economics Faculty: Nicole Olynk’s research and extension activities are focused primarily on farm business management and production economics. Much of Nicole’s work focuses on assisting with and providing support for agricultural producer decision making. She has a strong interest in applied research which incorporates both the economic outcomes of an on-farm decision and the intricacies of the biological processes underlying the production system employed.