Keeping Track AGRICULTURAL ECONOMICS

Vol. VII, No. 1 Fall 2005

Purdue Student NAMA Team Brings Home National Championship, by Jennifer Cutraro.

“They do research to become NAMA Team members’ comments familiar with a product, put about choosing Purdue and partici- together a plan to market it pating in this competition. and defend that plan in front of a professional audience. It’s Doug Bergman, Senior from Waldron: a much different experience I chose the College of Agriculture because of my than any we could create in a farm background and advice from friends who had graduated with degrees in Agricultural Eco- classroom setting.” nomics. From this competition I learned that a solid, cohesive team is more important than any Jennifer Govan, a senior individual. We all had our specifi c parts of the agricultural economics major presentation, but bringing them all together made from Fort Wayne, Ind., said it a successful plan. the competition provided Tanya Hadley, Junior from Woodburn: left to right: Doug Bergman, Jay Akridge – faculty advisor, Courtney Warren, valuable experience in learn- There was no question where I wanted to enroll. Toby Hollinger, Jennifer Govan, Stacie Warner, Tanya Hadley, Jesse Beck. ing how to market a real I loved the campus and the atmosphere as I vis- Not pictured: Christine Wilson, faculty advisor. agricultural product. “I don’t ited Purdue on numerous occasions for 4-H and A team of agricultural come from a farm background, so this was FFA events. Competing benefi ted me because economics students won fi rst place in this a great learning experience for me,” she it gave me more exposure to the application of marketing, and it taught me what is entailed in year’s National Agri-Marketing Associa- said. “It gave me exposure to an industry I preparing a marketing plan and strategy for a tion marketing competition, which took didn’t even know existed before.” new product. place April 20-22 in Phoenix. Seven undergraduate students majoring Stacie Warner, Junior from South Whitley: The team’s winning plan promotes a type in agricultural economics participated in I chose the College of Agriculture because it and of heating pad designed to keep piglets the scholarship opportunities it provided are out- this year’s project. This is the fi rst time in standing. I learned how important constructive warm – invented, it turns out, by Purdue more than 25 years of competition that criticism is to the improvement of a team, and graduate Dick Ward, who majored in ag- Purdue has won fi rst place. how enjoyable it is to share the success with those ricultural economics in 1943. you have worked the hardest. The team members, all from , are Teams participating in the national com- Govan; Jesse Beck, of Anderson; Doug Courtney Warren, Senior, from Crown Point: I chose Purdue over all others because they have petition select an agricultural product Bergman of Waldron; Tanya Hadley, of the best agriculture program in the country - one and develop a plan to bring the product Woodburn.; Toby Hollinger, of Rich- that allowed me to study various aspects of sales or service successfully to the marketplace. mond; Stacie Warner, of South Whitley; and marketing applied to an agriculture setting. In developing a marketing plan, students and Courtney Warren, of Crown Point. The College of Agriculture helped widen my follow the same practices and principles horizons and provided exposure to many differ- used by marketing professionals, said Jay Overall, 30 student National Agri-Mar- ent courses, not only selling and marketing, but other areas in business and agriculture as well. Akridge, professor of agricultural econom- keting Association chapters participated The team members knew each other’s strengths ics and a co-advisor to the team. in the 2005 marketing competition. The and weaknesses . . . everyone had such different event is part of the National Agri-Mar- backgrounds, and that was so important to the “We began looking last year for an agri- keting Association’s annual conference team’s progress. cultural product that wasn’t very widely and trade show. More than 350 student known,” said Christine Wilson, assistant ❖ Jennifer Govan, Senior from Ft. Wayne: members attended the conference. My sister graduated with a degree in Agricultural professor of agricultural economics and Economics and she explained that it was the most faculty advisor for the student team. “The Thanks to the following individuals and organiza- diversifi ed fi eld - I could work in marketing, warming pads were a perfect fi t for the tions that fi nancially supported the 2005 Team: managing, fi nance, and other major areas . . . I competition.” Dick Ward, John Deere, Agri Business Group did not want to limit my options. It is my main career goal to be a vital part of solving signifi cant (ABG), Elanco Animal Health, Mid-America problems that confront the agricultural world. “This experience represents reality in ev- NAMA, Purdue Agribusiness Club, and the ery sense for the students,” Akridge said. Department of Agricultural Economics. Department of Advancing Opportunities for Indiana Agriculture Agricultural Economics and Small Businesses Quick Reference One of our depart- Extension faculty in Agricultural Economics Sarahelen “Sally” Thompson Ph.D. ment’s most impor- are also offering programs to help produc- Department Head and Professor tant applied research ers enter and succeed in specialty markets 765-494-4191 and outreach activi- through Exploring Opportunities in Specialty [email protected] ties is identifying, Markets workshops that offer insights on the evaluating, and ad- trends, market requirements and marketing Paul Preckel, Ph.D. vancing economic tools needed to help break into agricultural Assoc. Department Head and Professor 765-494-4240 opportunities for specialty markets. “We are combining tools [email protected] Indiana agricultural and practical experience from people who are producers and small actually in the market, and that’s a great way Graduate Program businesses. Many to offer a program,” said Corinne Alexander, Ken Foster, Ph.D. Dr. Thompson members of our fac- agricultural economist and workshop coor- Associate Department Head ulty are involved in these activities through dinator. “These workshops will offer a broad and Professor several programs, some of which are high- perspective on specialty crops, especially those 765-494-1116 [email protected] lighted below. We are also looking forward that don’t have established markets yet, such to working with the staff and programs of the as blue corn and spelt.” Lou Ann Baugh new Indiana State Department of Agriculture Graduate Coordinator in the implementation of their strategic plan The Purdue Agricultural Innovation and 765-494-4196 that is also designed to expand opportunities Commercialization Center (AICC) and [email protected] for Indiana agriculture. [See http://www. the Extension New Ventures Team provide in.gov/isda/strategic_plan/index.html educational material and business planning Undergraduate Program tools to help entrepreneurs assess the poten- Frank Dooley, Ph.D. for more information about the plan.] tial of new value-added ventures. The New Teaching Coordinator and Professor 765-494-4244 Strategic Business Planning for Commercial Ventures Team, with members in all regions [email protected] Producers is a comprehensive curriculum for of Indiana, provides assistance in the business educators to use in teaching commercial farm development process through advice and edu- LeeAnn Williams managers to be highly effective business man- cational materials. The AICC has developed Academic Advisor and agers. To be successful, farm managers must a business planning tool available through the FIMM Coordinator either have or acquire a comprehensive set of Internet at http://www.emba-agbus.purdue. 765-494-0262 strategy, fi nance, marketing and risk manage- edu/planner/. Because it can be diffi cult to [email protected] ment tools. Purdue University has developed know where to begin exploring a venture, this Center for Food and this resource, in collaboration with Farm website asks key questions to help the user Agricultural Business, and Credit Services of Mid-America, to teach through the business planning process. After Purdue-Kelley MS-MBA in Food and these skills. Information about this program completing the online assessment process, the Agribusiness Management can be found at http://www.agecon.purdue. user individually, or with the assistance of a Jay Akridge, Ph.D. edu/extension/sbpcp/index.asp. New Ventures Team member, should be able Director and Professor to go to potential partners with a well-planned 765-494-4327 To help producers gain a strategic look into [email protected] idea. More information about these programs future agricultural technology and how most can be found at http://www.agecon.purdue. Center for Rural profi tably to put it to use, we continue to of- edu/newventures/. Development fer our annual Top Farmer Crop Workshop. Kevin McNamara, Ph.D. As in previous years this workshop offers Finally, we continue to offer our popular an- Director and Professor producers the opportunity to “test before you nual Agricultural Outlook program. This 765-494-4236 invest” by testing the profi tability of new or program, led by Chris Hurt and involving sev- [email protected] different equipment, crop rotations, or other eral members of our department, provides out- innovations on the computer. Under the lead- look information about the macroeconomy, Global Trade Analysis Thomas Hertel, Ph.D. ership of Jess Lowenberg-DeBoer, in 2004 the government programs affecting agriculture, Director and Professor workshop pioneered yield monitor data analy- agricultural trade, retail food prices, corn, soy- 765-494-4199 sis for on-farm comparisons. No other crop beans, wheat, forages, hogs, cattle, poultry, and [email protected] management workshop in the country offers dairy industries, agricultural inputs, farm land a yield monitor data analysis option of this prices, and cash rents. Outlook presentations Site Specifi c Management Center type. The Top Farmer workshop provides a are provided by faculty at numerous meet- Jess Lowenberg-DeBoer, Ph.D. unique forum to debate cropping strategy with ings around the state in the fall and into the Director and Professor 765-494-4230 scientists, agribusiness leaders and other large winter. More information about our Outlook [email protected] scale growers. More information about the program can be found at http://www.agecon. workshop can be found at http://www.agecon. purdue.edu/extension/prices/. ❖ Newsletter Managing Editor purdue.edu/topfarmer/. Debby Weber

2 Purdue University ~ Department of Agricultural Economics ~ www. agecon.purdue.edu Department Events and Honors

Ag Alumni/Homecoming/Reunion October 15, 2005, Noon kickoff

On the south end of the Memorial Mall, To reserve a meal or game tickets in the tured on the trading cards are: Larry Bohl, the College of Agriculture’s pre-game College of Agriculture block, call the Agri- Otto Doering, Janet Ayres, Roman Keeney, tent will open at 8:30 a.m. and serve a culture Alumni offi ce, 765-494-8593. The Brigitte Waldorf, and Raymond Florax. Be brunch buffet from 9:00 until 11:00 a.m. deadline for orders that include football sure to stop by and register for the door prizes. to those with reservations. Tickets are tickets is September 2; the deadline for Go to www.purdue.edu/homecoming to read $12 for adults. Block seating for the foot- meal ticket orders is October 5. about events campus-wide. ❖ ball game is also available. Game tickets are $43, and may also be ordered directly Free parking will be available in the Marstel- from the Athletic Ticket Office, 800-497- lar Garage. The Agricultural Economics De- 7678. Non-block seating may be ordered partment will have an exhibit and give away on-line at: http://ev8.evenue.net/cgi-bin/ trading cards featuring some of the “stars” ncommerce3/ExecMacro/evenue/ev67/ of our team. “Veteran” and “rookie” faculty se/Main.d2w/report?linkID=purdue members who will be in attendance and fea-

4th Annual Econ Camp for Teachers of High School Economics

The Indiana Council for Economic fi ed in the Indiana Economic Standards; by Dr. Larry DeBoer, “Tax Policy, Past Education, the George and Frances Ball to share best teaching practices relating and Present,” and Dr. Joe Uhl “So How Foundation, and Purdue’s Agricultural these concepts to current public policy Important is Economic Growth?” but, as Economics Department sponsored the 4th issues; and promote economics as an im- always, they also valued being able to in- Annual Econ Camp for Teachers of High portant part of the curriculum in the high teract with one another in a professional School Economics, which took place on school. By all accounts it was extremely setting. The 2005 Camp is scheduled for October 19-20, 2004, at Camp Tecumseh, successful. The 25 participants from school October 19 & 20. To learn more about near Brookston, Indiana. The goals of the systems across the state voiced their strong the Indiana Council for Economic Educa- camp are to review and reinforce an un- appreciation of the program. Not only did tion, please refer to their website at www. derstanding of economic concepts identi- the teachers learn from sessions presented econed-in.org. ❖

Agricultural Economics Featured In Agricultures Magazine

P U R D U E The work of are provided by Wally Tyner regarding on current issues in food and agriculture Agricul tures Spring 2005 Magazine several Agri- energy economics, Chris Hurt covering and a general MBA,” says Jay Akridge, cultural Eco- exports, and Kevin McNamara about professor of agribusiness and program What's up with nomics faculty manufacturing. director. the weather? Alarming trends in climate change members was featured in the The magazine also carried an article; In the third story, “New Businesses Up Spring 2005 “Two Degrees – One Program,” (www. Even When Economy is Down,” read issue of Agri- agriculture.purdue.edu/agricultures/ how a new cattle niche market was de-

Plus: • Indiana coming to grips with a global economy cultures (www. spring2005/spotlight6.htm) that veloped. As part of the College of Agri- • Invasive species—best defense is a good offense • From extracurricular to extraordinary agriculture. describes the industry-specifi c gradu- culture Extension, Maria Marshall, rural purdue.edu/ ate program for food and agribusiness business development specialist, and the Spring 2005 agricultures). management professionals. It is a dual New Ventures Team, provide valuable Agricultures The cover MS/MBA degree from the College of resources to individuals in helping them story, “The Road Ahead,” features Larry Agriculture and the Indiana University evaluate whether or not to start a new DeBoer discussing the impacts of job Kelley School of Business. “This distance agricultural or food-related business, and losses on Indiana’s economy. Additional delivered program delivers the best of to improve their chances of success if insights into the changing economy both worlds—an industry-specifi c focus they do. ❖

Purdue University ~ Department of Agricultural Economics ~ www. agecon.purdue.edu 3 Department Events and Honors

College Selects Distinguished Alumni The College of Agriculture welcomed a run for governor. From the beginning, , and since 1990, in his home state eight inductees as Distinguished Agricul- public education was his passion, serving of Indiana. tural Alumni (DAA) on April 1, 2005, on the team that worked for passage of at a reception and awards convocation the School Reorganization Act of 1959 Four years ago he joined the company’s Six held in the Purdue Memorial Union and its reauthorization in 1965. Sigma program. Since then, he’s served as Ballroom. The DAA Award honors grad- a trainer and coach for 54 project man- uates of Purdue’s College of Agriculture “My dad spoke of public affairs three agers who are Six Sigma Black Belts. To- who have made signifi cant contributions times a day,” Townsend recalls. “Meal- gether, they’ve achieved some $30 million to their profession or to society, and have time was a lively discussion of the affairs in growth and effi ciency projects in North a record of outstanding accomplish- of the world. If you didn’t want to hear and South America. That, Powell says, ments. A selection committee comprised that, you went hungry. I didn’t miss is his greatest career achievement. “Six of the Dean of Agriculture, four associate many meals.” Sigma is a wonderful way to improve busi- deans, 12 department heads and three ness effectiveness. It’s the newest chapter unit directors reviews the nominees. The Education too, was rooted in early child- in the book of quality.” Department of Agricultural Economics hood, even though neither of his parents honorees are W. Wayne Townsend (BS attended school beyond 8th grade. “For He’s made his mark through “hard work— ’51, Ag Sciences, General) and Gerald A. us, school came fi rst. 55-plus hours a week, every week—and an Powell (BS’ 85, Agricultural Mechaniza- insatiable appetite for learning. It’s who I tion; EMBA ’01, Food and Agricultural Going to college was part of the program, am.” He returned to Purdue for an M.B.A. Business). even though we had very limited resourc- in Food and Agribusiness in 2001. Powell es. That was fi rst on the agenda.” His pas- is also “a passionate user and advocate of When W. Wayne Townsend came to the sion for education continued as a trustee technology,” and professionally has cre- proverbial fork in the road, he took three for Earlham College for eight years, and ated a number of tools and reports that paths simulta- for 15 years for Purdue University. have been regionally and globally adopted neously. So far, by DowAgroSciences. he’s racked up Townsend’s community activities have more than 50 included agricultural organizations, his A 4-H member as a youth, Powell was fas- years of farm- church, social service groups and the cinated with electricity and electronics. ing, 22 years in Indiana Farm Policy Study Group. “You He’s been a volunteer for the organization public offi ce, 23 look for places where you might make a since leaving Purdue. Today, he’s a 4-H years in service difference, where you might affect the leader and a parent who helps with his to education outcome of some issue on the table. own children’s projects. and countless more in com- It’s been a busy 20 years for Gerald Powell Before he had a family, he enjoyed wind- W. Wayne Townsend munity activi- since earning his Purdue bachelor’s degree surfi ng, sailing, water skiing, snow skiing, ties. in agriculture. and cross-country skiing. If the children Although he’s take those up, he will again too. For now, Raised on a farm, Townsend started his been with the he likes vegetable and landscape garden- own operation in 1951 after earning a same company ing and family learning vacations, par- Purdue agriculture degree. What began since gradua- ticularly to national parks. as a 225-acre venture is now a 2,500-acre tion—today’s farm with a 2,400-sow, farrow-to-fi nish Dow AgroSci- For more about our distinguished alumni operation that ships 1,000 hogs a week. ences—over the visit: http://www.agecon.purdue.edu/ years he’s held alumni/ . ❖ Public service came early, at age 32 when Gerald Powell nine unique Townsend was fi rst elected to the Indiana posts from sales House of Representatives. He went on to representative to marketing and fi nance the and, in 1984, made jobs. He’s worked in Michigan, Nebraska,

4 Purdue University ~ Department of Agricultural Economics ~ www. agecon.purdue.edu Department Events and Honors

Sigma Xi Distinguished Lecture The Sigma Xi Dis- versity of Chicago in 1952, and a Ph.D. and a research associate at the Econom- tinguished Lecture from the University of Chicago in 1955. ics Research Center, National Opinion was held on April Becker was a professor at the University Research Center. 8, 2005, in the of Chicago and at Columbia University. Krannert Audito- In 1968–1969 he was a Ford Foundation On October 13, 1992, he was awarded rium. Sponsored visiting professor of economics at the the Nobel Prize in Economic Sciences by Sigma Xi, the University of Chicago before joining for having extended the domain of mi- Department of the Department of Economics where he croeconomic analysis to a wide range of Economics, and is a Professor of the Graduate School of human behavior and interaction, includ- the Department Business and Sociology. ing nonmarket behavior. He received the of Agricultural National Medal of Science in 2000 for Gary S. Becker Economics, the He holds honorary degrees from a dozen his work in social policy. 1992 Nobel Prize universities, including Harvard Univer- Winner in Economic Sciences, Professor sity (doctor of laws), Hebrew Univer- He served as an economic policy adviser Gary S. Becker spoke about “The Role sity in Jerusalem (doctor philosophae for the Dole Presidential Campaign in of Knowledge and Human Capital in the honoris causa), Princeton University 1996. He was a featured monthly col- Modern Economy.” (doctor of humane letters), Columbia umnist for Business Week from 1985 to University (doctor of humane letters), 2004. ❖ Dr. Gary S. Becker received an A.B. and the University of Illinois at Chicago (summa cum laude) from Princeton Uni- (doctor of arts). He is a senior fellow, versity in 1951, an A.M. from the Uni- Hoover Institution, Stanford University,

Undergraduate Awards

On the evening of April 7, the Department his time at Purdue, Andy has served as a tion Student Board, and is Secretary of the of Agricultural Economics honored this College of Agriculture Senator for Pur- Agricultural Council. She is the 2005 Old year’s outstanding undergraduate students. due Student Government, President of Masters Directing Co-Chair, and is a mem- FarmHouse Fraternity, a member of the ber of the Alpha Chi Omega sorority. Recipients of this year’s Scholarship awards Agricultural Council, an Agricultural were: Jenna Smith of Cloverdale, IN (R. Ambassador, a member of Mortar Board, Michael McDaniel (Middletown, IN) Dean Dyson Scholarship), Shanna Krull and on the National Agriculture Future of was this year’s departmental Outstanding of Milford, IN (F. Van Smith Scholarship), America Student Advisory Team. He has Freshman. He serves on the Government Sarah Gaines of Rensselaer, IN (Indiana also served as a teaching assistant in nu- Relations Committee for the Purdue Stu- Society of Agri-Bankers Award), and Jus- merous agricultural economics classes. dent Government. Michael is a member tin Quear of Cicero, IN (Marshall Martin of FarmHouse Fraternity, and currently is a Public Policy Award). Amanda Geary of Behnam Arjomandi (United Arab Emir- member of the Interfraternity Council. Ft. Wayne, IN, and Adam Veld of Lake ates) was the department’s 2005 Outstand- Village, IN, were this year’s recipients of ing Junior. Ben served as an Agricultural In addition to the students honored the Gerald and Joan Gentry Scholarships. Ambassador and is Treasurer of the Agri- above, the Department of Agricultural business Club. He is completing an Un- Economics acknowledged the hard work Blake Everhart (Waldron, IN) received dergraduate Honors Project studying and accomplishments of the members this year’s Top Senior Scholar Award. Dur- horticultural marketing under the guid- of the 2005 National Agri-Marketing ing his time in the department, he has also ance of Dr. Jennifer Dennis. Ben is also a Association competition team, offi cers served as an Agricultural Economics En- member of the Purdue Men’s Soccer Club, of the Agribusiness Management and voy, a member of the Agricultural Council, Iranian Cultural Club, and Muslim Stu- Farm Management clubs, honors re- and as a College of Agriculture Senator for dent Association. search participants, and the Agricultural Purdue Student Government. Blake is a Economics Envoys. ❖ member of Alpha Gamma Rho fraternity. Anne Marie Diener (Five Points, CA) was Andrew Peter (Jasper, IN) was named the named the 2005 Outstanding Sophomore 2005 Outstanding Senior in the Depart- in the Department of Agricultural Eco- ment of Agricultural Economics. During nomics. She serves on the Purdue Founda-

Purdue University ~ Department of Agricultural Economics ~ www. agecon.purdue.edu 5 Department Events and Honors

31st Annual Snyder Memorial Lecture The 31st Annual Snyder Memorial Lec- sumer Preferenc- Dale (1992 B.S. Agricultural Economics) ture and related events were held April 15, es of a Fresh-Cut and Lisa Koester (1994 B.S. Agricultural 2005. The Snyder Memorial Lecture was Melon Product Economics and Agricultural Communica- established in the Department of Agricul- –A Potential tion) After graduation Dale worked as an tural Economics in 1975 as a memorial to a Value-Added agronomist for the Posey County Co-op distinguished member of the faculty, James Product for In- until joining the family farming operation C. Snyder. The lecture is held to encour- diana Melon near Wadesville, and Lisa worked as a ter- age the continuation of his professional Growers.” His ritory agricultural chemicals sales repre- career efforts in pioneering undergraduate major advisor sentative with Novartis (Syngenta). Now, curriculum in agricultural business man- Carlos Mayen was Prof. Maria with the farm as a home base of operation, agement, and in the development and Marshall. Carlos Lisa is a Project Manager/Moderator for application of quantitative techniques for presented his research to the audience in Beck Ag Com, Inc. The Koesters farm the agribusiness research and training of gradu- a 15-minute seminar. Currently Carlos is equivalent of 3,650 acres, milk 185 cows, ates. This year’s events included a graduate working with Prof. Kevin McNamara as- feed 80 dairy steers, and fi nish 1,600 hogs student poster competition, presentation of sessing the economic importance of the annually. the 2005 Apex Awards, a presentation by poultry industry to the state of Indiana. Professor David Downey entitled “Prepar- Dale and Lisa have been very active in ing Our Undergrads to Lead 21st Century Lixia He received the award for Outstand- their community and in various state and Agriculture,”and the offi cial “hanging” of ing Ph.D. dissertation for her dissertation national leadership roles. Dale is a member Dr. Downey upon his retirement. “Improving Irrigation Water Allocation of the Dean’s Agricultural Advisory Coun- Effi ciency: Analysis of Alternative Pol- cil, District President of Young Dairymen, Graduate Poster Competition: icy Option in Egypt and Morocco.” Prof. a member of the Posey County Co-op Wally Tyner was her major advisor. Since Advisory Board, County Extension Board, There were 6 posters entered in the completion of her Ph.D. Lixia has a post- and Past-President of the Indiana Farm competition this year. The winners and doctoral position with the University of Management Association. Lisa is a mem- cash prizes: Calgary, Canada. ber of the Agricultural Alumni Board of • 3rd place went to Anetra Harbor for her Directors, works with various FFA groups, poster “Reported Impact of Government Apex Award Winners and serves in many community groups in- Support on Capital Input Finances” - $100. cluding Knight’s of St. John, Junior League, PBS Kids, Posey County Community Cen- • 2nd place went to Joshua Detre and This year the department honored four alumni with the Apex Award. It is present- ter, and the Zion Nursery Center School Brian Briggeman for their joint poster ed in recognition of those individuals with Board. Other community events include “Management of Strategic Uncertainty of a strong connection to the Department of helping with school farm tours, Ag Day, Agribusiness: A Teaching Application” - Agricultural Economics who have made and media interviews. $75 each. outstanding contributions in their fi elds. • 1st place also The Apex Award represents the conver- Dr. Kurt Klein – (1976 Ph.D. went to Anetra gence of accomplishment in the lives of Agricultural Economics) Harbor for her our honorees. More information about the Since receiving his degree, Kurt Klein has poster “Assessing Apex Awards may be found at http://www. held a research or academic appointment Brand Loyalty agecon.purdue.edu/alumni/award.asp . at the University for Ag Inputs” of Lethbridge, - $200. Canada, and visiting profes- Dr. Thompson with sorships in Japan Anetra Harbor and Germany.

Outstanding M.S. and Kurt is recognized Ph.D. Theses and respected for Kurt K. Klein his wide-ranging Carlos Mayen received the Outstanding contributions to Dale and Lisa Koester Masters Thesis award for his thesis “Con- the fi eld of agricultural economics over (continued on pg 7)

6 Purdue University ~ Department of Agricultural Economics ~ www. agecon.purdue.edu Department Events and Honors

31st Annual Snyder Memorial Lecture (continued from pg 6) nearly three decades. But it is really not ognized scholar, policy analyst and re- stitutions that they used. His most recent accurate to defi ne his fi eld to be conven- searcher who has leveraged his Purdue contribution was forming the Indiana Pork tional agricultural economics, the fi eld in degree and his personal talents and ambi- Advocacy Coalition (INPAC) and acting which he earned his university degrees. tions to make outstanding contributions as its fi rst president from 2002-2003. This Certainly he has had, and always will have, in research, teaching and service. He is an organization that addresses govern- a profound interest in the economics of ag- exemplifi es the Purdue commitment to mental and regulatory issues of the pork ricultural production including the valua- excellence and engagement. industry and includes communication with tion of new technologies, public research, governmental offi cials. and innovation in the agricultural sector. Richard (Rick) D. Ward graduated from His interests have taken Professor Klein Purdue University with a B.S. in Agricul- A continuing supporter of his community, into agricultural policy analysis, the study tural Economics Rick acted as a Board Member and then of the effects of trade liberalization and in 1980. President for two terms from 1994-2003, harmonization on Canadian agri-food in- of the Montgomery County Planning dustries, and the analysis of transportation Since graduation, Committee. Rick has also continued his policy for prairie agriculture. His work on Rick has served relationship with Purdue, serving on the agricultural production has led naturally on many different Dean’s Agriculture Advisory Council into an important stream of research on agricultural boards from 1996 to 1999. Today through Rick’s environmental economics and natural re- and committees. work with Dr. Sandy Amass and Dr. Darryl source management. He has written on From 1982 to Ragland, R & R Ward Farms is a teaching

Eastern Canadian cod stocks, agro-forestry Rick Ward 1990, he acted as farm for Purdue’s Veterinary School. This in India, and irrigation and water manage- the District Su- program allows current veterinary school ment in the prairies. pervisor for the Soil and Water Conserva- students to receive hands-on training in tion District of Montgomery County. current swine facilities. This relationship The breadth of his work includes systems between R & R Ward Farms and Purdue modeling, the economics of research, agri- Focusing his interest on the pork industry, has been fostered for several decades. cultural policy, international development Rick served as President of the Montgom- and trade, and environmental issues. He ery County Pork Producers in 1986 and as Currently, Rick serves as the President of was recently chosen to lead new highly a Trade Show Chairman for the Indiana R & R Ward Farms/Myrtle Ward Farms/ visible and well-funded initiatives at the Pork Conference from 1987 to 1990. He Edgewood Farms, a three-corporation, University of Lethbridge, including the has also exhibited a great commitment to fourth-generation, family farm located in BIOCAP Research Network on the Eco- the Indiana Pork Producers, serving terms Crawfordville, Indiana. Rick credits his nomics of Bioproducts, as well as the so- as Chairman, Vice President, President excellent education and experiences at cial science program within the Alberta Elect, and fi nally President in 1992. Rick Purdue for his exceptional ability to bal- Ingenuity Advanced Water Centre. His was then elected Chairman of the Nation- ance business and public service. intellectual leadership is already attracting al Pork Leadership Academy in 1993. This impressive colleagues to these centers. He academy developed high school youth into W. David Downey (Purdue degrees: B.S. has received numerous awards and recog- spokespersons for the pork industry through Agronomy, M.S. and Ph.D. in Agricul- nitions for his work including being named extensive media training, public speaking tural Econom- a Fellow of the Canadian Agricultural and exposure to governmental leaders. In ics) was the Economics Society, awarded the Ingrid 1994 he was appointed by then Secretary featured speaker Speaker Medal for Distinguished Research, of Agriculture, Mike Epsy, as board mem- and presented Scholarship or Performance, and named ber of the National Pork Board, that allo- “Preparing Our Board of Governor’s Research chair. cated over $50,000,000 dollars of producer Undergrads to contributions to promotion, research and Lead 21st Cen- His scholarship has a direct impact on education projects; he served in that po- tury Agriculture” agricultural policy-making in Canada. He sition until 1996. During that same time in the Krannert has been sought out continuously by Ag- period, Rick also worked as the Ag Advi- W. David Downey Auditorium. The riculture and Agri-Food Canada and the sor to the President of the Bank of Chicago lecture was very provincial ministries to lead projects on of the Federal Reserve Board. His role was well attended by members of the Depart- policy analysis. to inform the Bank President regarding ment of Agricultural Economics and the Dr. Kurt Klein is an internationally rec- the attitudes of producers and lending in- Purdue community at large, and received a (continued on pg 9)

Purdue University ~ Department of Agricultural Economics ~ www. agecon.purdue.edu 7 Department Events and Honors

Wally Tyner Receives AAEA Distinguished Policy Contribution Award

selected Dr. Tyner as their lead interna- tional advisor because they felt it was im- portant to have someone who understood both U.S. and Moroccan agriculture and agricultural policy. They also chose him because of the confi dence gained through his long history of working in Morocco on agricultural policy issues. In the words of Dr. Mohamed Kadi, chief agricultural ne- gotiator: “As the leader of the Moroccan agricultural negotiating team of the free Photograph taken at the signing of the Morocco – U.S. Free Trade Agreement in Washington in June 2004. From left to right, Dr. Mohamed Jaouad, Dr. Mohamed Ait Kadi, Dr. Wallace Tyner, and Dr. Hassan Serghini. trade agreement with the United-States, I asked Professor Tyner to be our senior ad- On July 26 at the national meetings of commercialization, agri-business, and visor. He has made major conceptual and the American Agricultural Economics currently on a Middle-East Partnership practical contributions to complex nego- Association in Providence, Rhode Island, Initiative funded project aimed at devis- tiation issues. He was a problem solver Professor Wally Tyner, of Purdue Univer- ing an agricultural development strategy providing sound and respectful advice.” sity, received the association’s national in light of the Morocco-US FTA. In ad- award for distinguished policy contribu- dition to his work in Morocco funded by Professor Tyner’s contributions did not go tion. He received this award for his work USAID, he has also worked on projects unnoticed by the U.S. agriculture negoti- in Morocco with the Moroccan Ministry funded by the World Bank, FAO, and the ating team. Barbara Chattin and Merritt of Agriculture over the past twenty years, US Grains Council. The underlying ob- Chesley commented “During these nego- and especially for his recent work on the jective of most of the work has been to tiations, each side needed to provide solid Morocco-US Free Trade Agreement. develop the analytical and policy analysis data and economic arguments to support capacity within the Ministry. their negotiating position, and the Mo- Tyner has worked in Morocco since 1985 roccan team was very prepared to engage with the Direction of Planning and Eco- Professor Tyner played a key role in pro- in this highly technical and demanding nomic Affairs of the Ministry of Agricul- viding analysis to the Moroccan govern- exercise. At many points in our discus- ture. He began on a USAID project on ment on potential impacts of proposed sions, the Moroccan side mentioned the Planning, Economics, and Statistics for provisions as the FTA was being negoti- important contributions of Dr. Tyner to Agriculture. With that project, he lived ated. He traveled to Morocco fi ve times their overall preparations. Dr. Tyner’s and worked in Morocco between 1985 in 2003 and four times in 2004 to work on work provides an ideal role model for the and 1988, and made many trips back to the economic issues associated with the way that members of the U.S. agricultural Morocco throughout the ten year dura- agricultural component of the negotia- economics profession can help build the tion of the project. He also worked on tions and policy reforms needed after the analytical and policy relevant capacity in three other USAID projects in cereals agreement was reached. The Moroccans developing countries.” ❖ Howard Doster Receives Distinguished Service Award

D. Howard Doster, Purdue University service to cornbelt farmers, particularly as Doster’s former student, James Moseley, Professor Emeritus of Agricultural Eco- co-founder and thirty-year coordinator of Deputy Secretary of Agriculture, was the nomics, is the 2005 recipient of the the Purdue Top Farmer Crop Workshop. 2004 awardee. Previous recipients in- “Distinguished Service to American In 250 public and private multi-day ses- clude Secretary of Agriculture, Clayton Agriculture Award,” presented by the sions, Doster and his colleagues have Yeutter, and Nobel Peace Prize Winner, American Agricultural Editors Associa- helped 7,000 farmers interpret 25,000 Norman Borlaug. tion. Sonja Hillgren, Farm Journal Sr. linear program computer budgets as the Vice President, presented the award to farmers tested alternative crop rotations, Howard is a Clinton County, Indiana, Howard at the association’s annual meet- machinery sizes, tillage systems, and/ native and landowner. He and his wife, ing in Milwaukee, Wisconsin, on August or farm sizes for their own operations. Barbara, now live part-time on New 2, 2005. A record 460 persons attended He was also thanked for continuing to Burlington Road in the 1818 home built the four-day Ag Media Summit. achieve his goal each month of helping by Moses McKay, his great, great, great, one or more ag journalists write a farm grandfather. ❖ Doster was recognized for his on-going magazine article.

8 Purdue University ~ Department of Agricultural Economics ~ www. agecon.purdue.edu Department Events and Honors

G. Edward Schuh, Purdue Alumnus, and Former Faculty Member, Given Brazilian Government Lifetime Achievement Award While working at Purdue, Schuh helped of Public Affairs and serves as Director of to establish the fi rst graduate program the Institute’s Freeman Center for Interna- in agricultural economics at the Federal tional Economic Policy. Previously, Schuh University of Vicosa in the early 1960’s. served as Dean of the Humphrey Institute He later collaborated with academic from 1987 to 1997. He holds a bachelor’s programs at other universities, especial- degree in agricultural education from Pur- ly at the University of Sao Paulo. The due University, a master of science degree program at Vicosa recently graduated its in agricultural economics from Michigan 1000th student, and Schuh was invited State University, and a master of arts and back to Brazil to celebrate the occasion. a doctoral degree in economics from the left to right: Dr. G. Edward Schuh, and Brazilian President Luiz Inácio Lula da Silva. Schuh also helped create and design University of Chicago. Brazil’s national agricultural research University of Regents Professor system, EMBRAPA. The recent award Formerly a Purdue faculty member in the G. Edward Schuh recently received the Na- was in large part a refl ection of his ef- Department of Agricultural Economics tional Order of Scientifi c Merit, Gra Cruz, forts to that end. Schuh was previously from 1959 to 1979, he received a Doctor from the Brazilian government’s Ministry honored for his body of work in 2004 of Agriculture, honoris causis, from Purdue of Science Technology. This is the nation’s when he was named the fi rst “Legendary University in 1992. ❖ highest scientifi c award and is considered Member” of the Brazilian Society of Ru- the equivalent of the U.S. Presidential ral Economics and Sociology (SOBER) Medal of Freedom. In a ceremony presided for his role in the modernization of Bra- over by Brazilian President Luiz Inácio Lula zilian agriculture. da Silva and the president of the Brazilian Academy of Science, Schuh was honored Schuh is the Orville and Jane Freeman for his lifetime contributions to Brazil and Professor of International Trade and In- its agricultural institutions. vestment Policy at the Humphrey Institute

31st Annual Snyder Memorial Lecture (continued from pg 7) standing ovation. Dr. Downey is the Exec- his contributions to the betterment of edu- can be shared and displayed for the world utive Director of the Center for Food and cational experiences for Purdue students. at large. This year we are proud to continue Agricultural Business at Purdue University, with Purdue tradition and add Dr. W. Da- and a professor of Agricultural Sales and Emeritus Hanging vid Downey to the virtual “hanging” wall Marketing with responsibility for under- of fame. Congratulations Dr. Downey! graduate courses in Agri Selling and Agri Upon the retirement of every profes- Marketing Strategy. He has been instru- sor from the Department of Agricultural To learn more about our faculty, past and mental in the development of a curriculum Economics we honor the tradition of the present, please refer to: http://www.agecon. in which students can earn a four-year B.S. “hanging.” Until 2002, the “hanging” re- purdue.edu/directory/ ❖ degree in Agri Sales and Marketing — the ferred to the fact that the retiring faculty fi rst such program in the United States. member’s photo and short biography were Dave has received four major teaching etched on a plaque and hung in Krannert awards from Purdue University and is in Conference Room 661. Due to the tech- the Book of Great Teachers, as well as two nological advances of our modern world, national awards from the American Agri- the portraits are now “posted,” rather than cultural Economics Association. In 2004, hung, on our department website at http:// he received the Special Boilermaker Award www.agecon.purdue.edu/directory/history/ from the Purdue Alumni Association for formerFaculty.asp so that our proud history

Purdue University ~ Department of Agricultural Economics ~ www. agecon.purdue.edu 9 New Faculty and Staff

Dr. Susan Chen and her husband Dr. Mat- Dr. Chen is currently Director of the Tri- tions costs in price adjustments in North thew Holt will be joining the department angle Census Research Data Center at Duke American wood and forest products mar- in the Spring University and Research Scientist in the kets. Throughout his career the hallmark of of 2006. Dr. Department of Economics at Duke Univer- Dr. Holt’s research has been the adaptation Chen will be sity. She is also a visiting instructor at Duke and application of cutting-edge econometric teaching a new University where she has taught graduate methods in the investigation of economic class in Health level classes in mathematical economics relationships. Economics to and undergraduate classes in calculus based be offered by microeconomics. Dr. Holt has previously served on the edito- the Department rial board of the American Journal of Agri- of Agricultural Dr. Matthew (Matt) T. Holt will be join- cultural Economics, the Review of Agricultural Economics in ing the Department in January 2006. A na- Economics, and the Journal of Business and the Fall of 2006. tive Hoosier, he Economic Statistics. He has published over She obtained received his B.S. 40 referred papers along with several book Susan E. Chen and M.S. degrees chapters and one edited volume. He has also Assistant Professor her B.A. from Cornell Univer- in Agricultural been the recipient of several awards for his sity in Economics and Chemistry in 1992 Economics from published research from the American Ag- and her M.S. in Agricultural Economics Purdue Univer- ricultural Economics Association (AAEA) from the University of Wisconsin, Madison sity (1981, 1983) and the Western Agricultural Economics in 1995. Dr. Chen received her Ph.D. in and his Ph.D. Association including the Quality of Re- in Agricultural Economics in May 2004 from Univer- search Discovery Award (AAEA, 1999) Economics from and the Publication of Enduring Quality sity of North Carolina at Chapel Hill with the University Award (AAEA, 2002). He currently serves concentrations in Health Economics and of Missouri, Co- as a member of the Board of Directors for Econometrics. Matthew T. Holt Professor lumbia (1987). the American Agricultural Economics As- He has previous- sociation. He has consulted for the USDA’s Dr. Chen’ s research is currently focused ly held faculty positions at the University of Economic Research Service and to the largely on questions that are at the intersec- Wisconsin, the University of Arizona, and Organisation for Economic Co-operation tion between health and labor economics. North Carolina State University. He has and Development (OECD). Dr. Holt has Over the past two years she has examined also been a visiting faculty member at the taught graduate and undergraduate courses the impact of the Social Security Disability Department of Economic Statistics in the in econometrics and microeconomic theory, Insurance Program on prime aged men and Stockholm School of Economics. as well as graduate courses in agricultural the spousal labor supply response to labor production, consumption, and static and market shocks because of health episodes Dr. Holt has research and teaching interests dynamic optimization methods. that result in the disability of their partners. that focus on a set of wide-ranging topics Earlier in her career, Dr. Chen worked at and issues relating to markets for food and When he and his wife, Susan Chen, are not the Carolina Population Center at the agricultural products. These include the chasing after one of their young sons, Matt University of North Carolina at Chapel role of risk and price expectations in agri- likes to spend time with a good book. His Hill and at Family Health International. cultural production and supply; the effects longer-term goal is to open a combination In both of these positions she has worked of government programs on agricultural bookstore and bait shop near his ancestral on studies in Africa: Kenya, Tanzania, production decisions; the role of population home in Palestine, Indiana. Zambia and Botswana. She has examined dynamics and nonlinear dynamics in live- the impact of family planning programs stock production, supply, and pricing; the Roman Keeney began his appointment and family planning provision in Tanza- use of demand systems for economic welfare with the agricultural economics faculty of nia, and also participated in conducting loss assessments; the role of futures markets Purdue Univer- surveys that study sexual behavior and the in static and dynamic risk management sity in August demographics of AIDS in countries such as strategies; and the role of risk in testing for 2005 as an Botswana and Zambia. market effi ciency in the context of futures assistant profes- markets for agricultural products. sor of farm and Dr. Chen is also interested in building a re- rural household His current research agenda includes an search program that examines the econom- economics after economic history of the hog-corn cycle in ics of obesity. She is particularly interested completing the United States; examining the implica- in the study of obesity and how factors such his doctorate as maternal labor supply, physical education tions of mid-term climate anomalies such as in agricultural programs (or lack thereof) in schools, and El Niño for forecasting primary commodity economics at environmental factors such as parks and prices; documenting the seasonal rate of Purdue. recreation facilities affect childhood and change in global surface temperatures over Roman Keeney adolescent obesity. the past 400 years; and the role of transac- Assistant Professor (continued on pg 11)

10 Purdue University ~ Department of Agricultural Economics ~ www. agecon.purdue.edu New Faculty and Staff (continued from pg 11)

(continued from pg 10) aquaculture markets & marketing, demand/ where she participates in Tae Kwon Do at The primary focus of Dr. Keeney’s gradu- price analysis, and international trade. the Black Belt Academy of Lafayette, and ate work has been the modeling and in- Since 2003 Dr. Quagrainie has served as helps her husband with his construction vestigation of agricultural domestic policy the graduate program coordinator at the company, Oaktree Construction. disciplines as dictated by international Aquaculture/Fisheries Center in Pine Bluff, trade agreements. His work with the Cen- and is an aquaculture marketing specialist Ginger McColley joined the Department ter for Global Trade Analysis at Purdue for the Arkansas Catfi sh Industry. He is of Agricultural Economics as the Informa- has led to co-authorship of fi ve papers currently a member of USDA’s National tion Technology or book chapters with other Purdue staff Organic Program (NOP) Aquatic Species Specialist for on the topic of domestic support reform Task Force - Aquaculture Working Group the Center for and decoupling. Roman’s thesis continues and he is also a member of USAID’s Aqua- Global Trade this work by extending analysis of decou- culture Collaborative Research Support Analysis in De- pling agricultural support to examine the Program (ACRSP) Technical Commit- cember of 2004. distributional impacts of policy change tee (Social and Economic Aspects). His Her primary on U.S. farm households and measuring professional society memberships include: responsibilities farm household response to decoupled American Agricultural Economics Asso- include design- payments at the micro level using the ciation, Southern Agricultural Economics ing, authoring, USDA-ERS Agricultural Resource Man- Association, World Aquaculture Society, Ginger McColley and maintain- Information Technology agement Survey. U.S. Aquaculture Society, International Specialist ing the GTAP Association of Aquaculture Economics and websites as well Roman received a B.S. degree from the Management, and International Food and as administering the back-end databases University of Kentucky in Biology, and Agribusiness Management Association. and web servers which serve as the com- B.S. and M.S. degrees in Agribusiness munication portal for the online GTAP Economics from Southern Illinois Uni- Kwamena and his spouse, Gifty, have 4 chil- Network. versity in Carbondale, Illinois. Roman dren; Sabina, Joshua, Damaris and Joseph. and his wife, Lori, have two sons—Travis Prior to joining Purdue, Ginger worked and Lucas. Joy May joined the Department of Ag- as a graphic/web designer for a national ricultural Economics in September 2004. employment publication and as a web pro- Kwamena K. Quagrainie will be joining She began as a grammer for an integrated marketing fi rm, the Department in September 2005, and secretary for six both located in Indianapolis, Indiana. holds a joint professors, and appointment in 2005 moved Ginger originally hails from Frankfort, in Agricultural into the posi- Indiana and earned her B.S. in Computer Economics tion of Program Graphics Technology from Purdue Uni- and Forestry Manager for the versity in May of 2003. She currently and Natural New Ventures resides in West Lafayette where she enjoys Resources. Team and the working in her fl ower gardens and watch- Editorial Assis- ing Purdue football and basketball. ❖ Dr. Quagrainie Joy Y. May tant to the Pa- Program Manager received his pers in Regional Dr. Kwamena Quagrainie B.S. from the Science Journal. Aquaculture Marketing Director University of Prior to joining Purdue, Joy worked at Ar- Science and nett Clinic for the Chief Financial Offi cer Technology, Ghana, and his M.S. and and also in Patient Financial Services. Ph.D. in Agricultural Economics from the University of Alberta, Canada. Since 2001 Joy has been a Lafayette/West Lafayette he has held a position as assistant professor resident since birth and earned her B.S. in of aquaculture marketing at the University Organizational Leadership and Supervision of Arkansas, Pine Bluff. His research and with a minor in Computer Technology teaching interests lie in the areas of applied from Purdue University in May of 2001. microeconomic theory in aquaculture, She currently resides in West Lafayette

Purdue University ~ Department of Agricultural Economics ~ www. agecon.purdue.edu 11 Individual Achievements

Staff Dr. Jay Akridge — Named the James and Lois Dr. Steve Lovejoy — Out of all the credit Ackerman Professor of Agricultural Econom- union volunteers in the state, named the Liza Braunlich, Promoted to College of Agri- ics. Co-advisor to the Purdue National Agri- Volunteer of the Year by the Indiana Credit culture Rank 5. Marketing Association student team that won Union League. the NAMA National Student Competition for Amy Cochran, 10 year service Provost Recog- their plan marketing the “Edgewood Pig Pad”. Dr. Maria Marshall — Major Advisor to nition Award. Carlos Mayen, who received the Outstanding Dr. Otto Doering — Governor Kernan and Masters Thesis award for his thesis, “Consumer Linda Heckaman, 30 year service Provost Superintendent of Schools, Dr. Suellen Reed, Preferences of a Fresh-Cut Melon Product – A Recognition Award. recognized Otto Doering’s service on the Potential Value-Added Product for Indiana Governor’s Education Roundtable at its Dec. Melon Growers.” Betty Jones, 25 year service Provost Recogni- 15th meeting. tion Award. Dr. Christine Wilson — Advisor to the Dr. Howard Doster, Emeritus — Received the Purdue National Agri-Marketing Association Kim Mullen, Received the Eleanor O. Kaplan 2005 Distinguished Service Award from the student team that won the NAMA National award for exceptional customer service. American Agricultural Editors’ Association. Student Competition for their plan marketing the “Edgewood Pig Pad.” Dr. Jim Eales — Promoted to Professor of Agri- LeeAnn Williams, Awarded the Purdue cultural Economics. Dr. Wally Tyner — Major Advisor to Lixia Student Government Award for Outstanding He, who received the Outstanding Ph.D. Dis- Advisor at Purdue for 2004-05 - a student Dr. Gerry Harrison — Selected from a na- sertation award for her dissertation, “Improv- nominated and selected award. tional panel of experts as a contributor to an ing Irrigation Water Allocation Effi ciency: article in the February 2005 issue of Successful Analysis of Alternative Policy Option in Egypt Faculty Farming. “Estate Tax Planning Gets More and Morocco.” ❖ Dr. Phil Abbott — Invited to participate in Complicated”. To view this article: http://www. FAO organized debate in Rome on export com- agriculture.com/ag/story.jhtml?storyid=/tem- petition issues as an input to the Doha, India, platedata/ag/story/data/ag-sfonline-0502es-

Round World Trade Organization negotiations. tate-story4.xml&catref=ag6001.

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