Agricultural Economics & Economics

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Situated jointly within MSU's College of Agriculture and College of Letters and Sciences, our department offers a unique opportunity for students with diverse interests to learn skills in critical analysis, logical problem solving, data and policy analysis, written and oral communication, business management. We train individuals who will make a big difference in the world by applying solid critical thinking skills. Our award-winning faculty has expertise in a wide variety of fields. We conduct cutting-edge research and teach a myriad of courses.

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Now showing 1 - 4 of 4
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    Montana Oilseed Markets: Historical Price and Production Statisitics
    (2006-11) Schumacher, Joel B.
    Oilseed crops are grown in Montana to satisfy awide variety of market demands and offer economic and agronomic diversification to Montana producers. The overall demand for oilseed products is comprised of numerous markets including many that can be categorized as niche markets. Trends in each of these markets influence the overall demand for oilseeds. This policy paper provides information on historical prices and production for oilseed crops raised in Montana.
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    Oilseed, Biodiesel and Ethanol Subsidies & Renewable Energy Mandates: US Federal & Selected State Initiatives
    (2006-11) Schumacher, Joel B.
    This study describes the major incentives and policies implemented by the federal government, the state of Montana and other selected state governments with respect to ethanol and biodiesel production and consumption. The federal incentives discussed include the Volumetric Ethanol Excise Tax Credit, Biodiesel Blenders Tax Credit, Small Producer Tax Credit, Renewable Fuels Standard, Alternative Fuel Infrastructure Tax Credit, and the Clean Fuels Program. Some of these programs encourage the production of biodiesel or ethanol through tax credits or direct payments. Others encourage the consumption of biofuels by offering credits or direct payments for investments in infrastructure that allow biofuels to be utilized.
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    Small Scale Biodiesel Production: An Overview
    (2007-05) Schumacher, Joel B.
    Interest in renewable fuels has increased substantially in the past two years. Much of this interest is attributable to increases in the cost of traditional fuels, environmental concerns associated with fossil fuels, unease about America’s increasing dependence on foreign energy, and government programs to support the development and production of renewable fuels.
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    GRP Rangeland Insurance for Wyoming
    (MSU Extension, 2006-10) Hewlett, John P.; Schumacher, Joel B.; Johnson, James B.
    A new Group Risk Plan (GRP) Rangeland Insurance product is being offered by USDA’s Risk Management Agency (RMA) in 10 Wyoming counties. For counties in which this insurance product is not offered, USDA’s Farm Service Agency continues to offer the Noninsured Crop Disaster Assistance Program (See Briefing No. 14). The new GRP Rangeland Insurance product is intended to increase ranch managers’ options for managing risk related to the loss of grazing from any of several causes.
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