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Category Archives: Real Adventures in Economics

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Authentic Fun with Arrival of First Copies of My First Book

Biomass Rules Posted on August 14, 2025 by Mark JennerAugust 14, 2025

First time author, book arrival moment. It was authentically gratifying! Late the other night, my wife, Tracy Hall, made a comment about the cameras catching the delivery truck. I said, “what delivery truck?” Well, what do you know? A box … Continue reading →

Posted in analytics, Biomass Rules, economics, education, firm, macro, policy, production, Real Adventures in Economics, science, wealth creation | Tagged 2025, Donald D. Osburn, James G. Beierlein, Kenneth C. Schneeberger, Mark W. Jenner, Principles of Agribusiness Management, sixth edition, Waveland Press, www.waveland.com | Leave a reply

It is Official. Mark Jenner is a Flaming Nerd.

Biomass Rules Posted on August 5, 2025 by Mark JennerAugust 5, 2025

Being Mark Jenner is a honed, discipline.  It doesn’t just happen.  Sometimes, it is exhausting.  Mostly it is, quite simply, a GRAND ADVENTURE!!!  I just returned from my professional ag economist meetings in Denver.  And it is official.  I am … Continue reading →

Posted in analytics, Biomass Rules, economics, policy, Real Adventures in Economics, science, wealth creation | Tagged a nerd’s nerd, AAEA 2025, Agricultural and Applied Economist Association (AAEA), August 8th, burning biomass, career bookends, Colorado, Denver, difficult to value bits, flaming nerd, insightful young leaders, it is official, Mark Jenner is a Flaming Nerd, my comparative advantage, new colleagues, old colleagues, solvem probler | Leave a reply

The Legacy Textbook, Principles in Agribusiness Management, is at the Printers!

Biomass Rules Posted on July 27, 2025 by Mark JennerJuly 27, 2025

A few years ago, I was invited to revise the popular, 30-year introductory agribusiness textbook, Principles in Agribusiness Management by James G. Beierlein, Kenneth C. Schneeberger, and Donald D. Osburn.  I was both flattered and thrilled.  Since 2014, the fifth … Continue reading →

Posted in analytics, definition, economics, education, farm, firm, policy, production, Real Adventures in Economics, science, wealth creation | Tagged colleagues, doctoral advisor, Donald D. Osburn, fifth edition, invited to take the lead, is at the printers, James G. Beierlein, Kenneth C. Schneeberger, legacy textbook, Mark W. Jenner, Principles in Agribusiness Management, sixth edition, www.waveland.com | Leave a reply

Breaking Egg News: Below $3.00/dozen – Real Adventures in Economics

Biomass Rules Posted on June 23, 2025 by Mark JennerJune 23, 2025

In our Central Illinois community, both Kroger and Walmart are selling eggs below $3.00/dozen.  It is difficult to believe that this is news.  However in 2025, the retail price of a dozen eggs was high enough to drive the nation’s … Continue reading →

Posted in definition, economics, education, macro, policy, Real Adventures in Economics | Tagged $2 per pound, $2.69 per dozen, below $3.00 per dozen, breaking egg news, good economic news, great value, Kroger Ruler, loss leader for grocery, one sample without statistics, real adventures in economics, retail eggs price complex | Leave a reply

The More For Less of Trade – Real Adventures in Economics

Biomass Rules Posted on February 7, 2025 by Mark JennerFebruary 7, 2025

Trade fundamentally seeks out the most efficient combination of resource use.  In economic terms, it optimizes the lowest opportunity cost.  The US, and more recently Brazil, produce soybeans so well they supply the world.  When other nations import soybeans, it … Continue reading →

Posted in economics, education, farm, macro, policy, Real Adventures in Economics, wealth creation | Tagged bioenergy, buy local, COVID-19, difficult-to-monetize, education or sales, exports, imports, more for less of trade, real adventures in economics, tariffs, the more for less of trade in real adventures in economics, trade, Trade as percent of GDP, trade barriers, trade expansion, trade is complicated, trade wars, USAID, World Bank | Leave a reply

Making Sen$e of the Calculus of Food Price Increases

Biomass Rules Posted on January 30, 2025 by Mark JennerJanuary 30, 2025

Food price inflation is still in the news. Eggs have become a national security issue. Well, one would think so from the news. Mostly, the egg-laying chickens are sick and dying. But once we get beyond this egg-industry crisis, we … Continue reading →

Posted in analytics, economics, firm, macro, Real Adventures in Economics, science | Tagged American Farm Bureau Federation (AFBF), calculus, Consumer Price Index (CPI), egg price increases, first derivative, food inflation, food price increases, food prices, like zooming in on an elephant, low supply of eggs, magnification of price change, making sense of the calculus of food price increases, second derivative, Thanksgiving Meal Survey | Leave a reply

A Century of Lessons in US Soybean Production – Real Adventures in Economics

Biomass Rules Posted on January 24, 2025 by Mark JennerJanuary 24, 2025

One hundred and one years ago, USDA began counting the production of soybeans on US farms.  This is not because that is when farmers began harvesting soybeans for grain.  No.  This is when the quantity of soybean production was sufficient … Continue reading →

Posted in analytics, economics, firm, macro, policy, Real Adventures in Economics, science | Tagged 1924, 2024, a century of lessons in US soybean production - real adventures in economics, century of lessons, consumer choice, demand, macroeconomic policy, microeconomic technology, production is increasing, real adventures in economics, soybean growth like biofuel industry growth., supply, US soybean production | Leave a reply

Buckle Up for the 40-Year Cycle of Year-End Food Price Rhythm

Biomass Rules Posted on January 22, 2025 by Mark JennerJanuary 22, 2025

In a January 21, LinkedIn post about a 1/19/25 Wall Street Journal Article on food prices rising in December, it was speculated that it is traditional food eating month.  If prices were going to rise in an annual cycle, December … Continue reading →

Posted in analytics, economics, macro, Real Adventures in Economics, science | Tagged 40-year cycle, BLS Data Viewer, buckle up for the 40-year cycle of year-end food price rhythm, Bureau of Labor and Statistics (BLS), Consumer Price Index (CPI), CUUR0000SAF series, December increase, food and beverage index, food price rhythm, January increase, November decrease, stable cycle, Wall Street Journal (WSJ), year-end | Leave a reply

Byproduct Price Discovery in the Absence of Demand – Real Adventures in Economics

Biomass Rules Posted on January 20, 2025 by Mark JennerJanuary 20, 2025

Agricultural byproducts are not produced on demand.  The quantity of byproduct production is based on the demand for the higher valued commodity or product.  This is not news.  But it seems forgotten in the passionate discussions of waste cooking oils … Continue reading →

Posted in definition, economics, Real Adventures in Economics, science, wealth creation | Tagged absence of demand, biofuels, byproduct, byproduct price discovery in the absence of demand real adventures in economics, cost, disposal, economically efficient, eggs, emission, infrastructure, manure, price discovery, product, real adventures in economics, recycled paper, revenue, used vegetable oil, waste, wheat straw | Leave a reply

Import Tariffs Do Not Lower Prices – Real Adventures in Economics

Biomass Rules Posted on November 25, 2024 by Mark JennerNovember 25, 2024

Who pays a tariff? This was a standard question in my Greenville University undergraduate economics class.  Tariffs are taxes, mostly on imported goods.  When the United States imposes a 25 percent, or $0.25/$1, tariff on an imported good, an imported … Continue reading →

Posted in economics, macro, policy, Real Adventures in Economics | Tagged 2010 trade decline, consumer demand, economically inefficient, import tariff, import tariffs do not lower prices, infrastructure, larger than one president, legal transaction, market-based answer, real adventures in economics, supply chain | Leave a reply

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Recent Posts

  • Authentic Fun with Arrival of First Copies of My First Book
  • Our Community Loves to Support Our Junior Livestock Show – Secret Life of Rural Communities
  • It is Official. Mark Jenner is a Flaming Nerd.
  • The Legacy Textbook, Principles in Agribusiness Management, is at the Printers!
  • US Producer Age Differs by Farm Enterprise

Mark Jenner, PhD
Biomass Rules
Greenville, IL 62246
c. 618.223.9331
e. biomassrules@gmail.com

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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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