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Category Archives: economics

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The 2022 Farm Economy – A Snapshot in Time

Biomass Rules Posted on March 26, 2024 by Mark JennerApril 30, 2024

Fifty years ago, in 1974, the definition of a U.S. farm for the purposes of collecting data in the Census of Agriculture, was set at $1,000 of farm value of production. This includes gross sales or potential sales. The Ag … Continue reading →

Posted in economics, macro | Tagged $1000 of value of production, 1977 inflation of 6.7%, 2022 Census of Agriculture, 2022 farm economy - snapshot in time, 2022 inflation cyclical high, CPI Consumer Price Index, cyclical low, definition of a farm, farm, farm economy, inflation, non-census years, snapshot in time | Leave a reply

Agribusiness Markets Go Well Beyond Food

Biomass Rules Posted on March 26, 2024 by Mark JennerApril 27, 2024

In the old days, agribusiness referred to a business providing farm inputs.  This broadly impacted everything involving goods and services connected to agricultural commodities.  Commodities are the raw products from crops and livestock that cannot be differentiated on product quality.  … Continue reading →

Posted in economics, wealth creation | Tagged ag commodity, agribusiness, agribusiness markets, agribusiness markets go well beyond food, and non-food, beyond food, bioenergy, carbon, climate, environmental services, fiber, food, markets, value chain | Leave a reply

A Tale of Two Markets: Local and Global

Biomass Rules Posted on March 26, 2024 by Mark JennerApril 26, 2024

Local and global markets for ag and biomass products are two distinct markets that are interdependent. They are two parts of the same system.  It is a ‘both and’, rather than ‘one or the other.’ One of these unique markets … Continue reading →

Posted in Biomass Rules, economics, wealth creation | Tagged a tale of two markets, a tale of two markets - local and global, both and, ethanol premium for local corn, global, in the neighborhood, local, local and global, local as comparative advantage, markets, not one or the other, positive basis | Leave a reply

Bioenergy Success Depends on Local Markets that ‘Are in the Neighborhood’

Biomass Rules Posted on March 25, 2024 by Mark JennerDecember 12, 2024

Local markets are defined in more than one way which distracts from agreement on the value of local markets. In calculus, local maxima, are defined as a relative measure rather than an absolute boundary. No explicit boundary is defined. Local … Continue reading →

Posted in definition, policy, wealth creation | Tagged basis, bioenergy, bioenergy success depends on local markets that are in the neighborhood, buy local, cash, comparative advantage, demand, depends on local, futures, global, in the neighborhood, local, local maxima, relative, restricted demand, success, trade, undefined | Leave a reply

Discerning Agribusiness in the Macroeconomy

Biomass Rules Posted on March 21, 2024 by Mark JennerApril 25, 2024

The last seven years, Greenville University has been building a BS in Agribusiness, in their Briner School of Business. This has required a target market for arming agribusiness graduates, hungry for leadership in their formative careers. This chart from USDA, … Continue reading →

Posted in economics, macro | Tagged 5.4 percent of GDP, agribusiness, agriculture, discerning agribusiness, discerning agribusiness in the macroeconomy, Economic Research Service (ERS), final goods and services, gross domestic product (GDP), macroeconomy, plant-derived products, production sector, related industries, retail sector, reuse not included, straighter pathways, USDA, value-adding sector | Leave a reply

What is Agribusiness? A Good Place to Begin…

Biomass Rules Posted on March 21, 2024 by Mark JennerApril 23, 2024

In 2016, I was invited to build a BS in agribusiness in a private, 4-year, business school (non-ag).  I had 4 degrees in agriculture (agronomy (BS), ag mechanization (MS), and ag econ (MS & PhD)), and had worked in research, … Continue reading →

Posted in economics, wealth creation | Tagged a good place to begin, agribusiness, biologic, BS agribusiness, chemical, definition, ecosystem, grazing, grazing system, Greenville, Greenville University, physical, place to begin, solar-powered, system, university, what is agribusiness, what is agribusiness a good place to begin | Leave a reply

Full Circle Waste to Revenue – RNG Story

Biomass Rules Posted on March 21, 2024 by Mark JennerApril 25, 2024

[Note: this post was originally posted on 1/1/24, but the site was updated later and the dates got changed.]  Every new day, week, month, or year, is full of potential, and for me, hope.  A few weeks ago, Renewable Natural … Continue reading →

Posted in economics, wealth creation | Tagged biogenic methane, codification of RNG, economic externalities, emission, full circle, full circle waste to revenue RNG story, gas, greenhouse gas (GHG), methane (CH4), natural, renewable, renewable fuels standards (RFS), renewable natural gas RNG, revenue, waste | Leave a reply

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Recent Posts

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Mark Jenner, PhD
Biomass Rules
Greenville, IL 62246
c. 618.223.9331
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Mission Statement:
Providing solutions through the strategic utilization of all kinds of biomass; the development of new markets for food, fiber, and fuels; and streamlining regulations.

bio·mass:
ˈbī-ō-ˌmas. noun. 1 : the unit area or volume of living matter, 2 : plant materials and animal waste used as renewable feedstocks into new processes.

rules:
'rül. 1: noun. 1 : regulations, bylaws or governing procedure, 2: verb. a : to exert control, direction, or influence on, b : to declare authoritatively.

Manure…
is not a four-letter word.

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