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Category Archives: Real Adventures in Economics

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US Turkey Growers Do Not Receive Same Market Benefit as the Industry

Biomass Rules Posted on November 25, 2025 by Mark JennerNovember 25, 2025

Thanksgiving arrives with an annual focus on food prices.  We host friends and family at home with lots of prepared food.  One of the annual food price traditions is the American Farm Bureau Federation, Thanksgiving Survey.  Regular readers know that … Continue reading →

Posted in analytics, definition, economics, education, farm, firm, Food Price Fun, macro, policy, production, Real Adventures in Economics, science, wealth creation | Tagged broiler, cattle on feed, Census of Agriculture, consumer value, farm value, farmer, grower, hog, layer, market transparency. American Farm Bureau Federation (AFBF), production contracts, Quick Stats, Thanksgiving Survey, turkey, US turkey growers do not receive same market benefit as the industry, USDA, value of contract, value of production, Volume 1 | Leave a reply

St. Louis is a Hub of US Farm Production – St. Louis Agribusiness Club

Biomass Rules Posted on November 17, 2025 by Mark JennerNovember 17, 2025

In September, the St. Louis Agribusiness Club released their 2025 Economic Study of the agribusiness economic impact on the St. Louis region.  For those of us in this region, it is validation of the passion we have for working in … Continue reading →

Posted in analytics, economics, farm, firm, macro, policy, production, Real Adventures in Economics, science, wealth creation | Tagged 2025 economic impact study, 300-mile radius, 500-mile radius, acres, acres per farm differ, agribusiness GDP, agribusiness jobs, direct jobs, economic engine, farm, gross domestic product (GDP), Illinois, indirect jobs, Missouri, producer, square miles, St. Louis Agribusiness Club, St. Louis is a hub of US farm production, St. Louis Metropolitan Statistical Area (MSA), state areas differ | Leave a reply

Lessons of Living Shared with Simpson University Macroeconomic Students

Biomass Rules Posted on October 16, 2025 by Mark JennerOctober 16, 2025

I really enjoyed spending a recent class period with macroeconomic students at Simpson University in Redding, California.  Simpson is a private, faith-based college similar to Greenville University where I taught for eight years.  One constant over my 45-year career, is … Continue reading →

Posted in analytics, definition, economics, education, macro, policy, Real Adventures in Economics, science, wealth creation | Tagged 2025 Nobel Prize for Economics, ask difficult clarifying questions, be aware of multiple definitions, Ben Omwando, creative destruction, Dan Sloan, different performance frameworks, economic lessons learned, emerging markets require more, God’s imagination is expansive, innovation, Lessons of Living Shared with Simpson University Macroeconomic Students, Norman Hall, Redding California, Simpson University, tested economic theory works, trust your faith cape. | Leave a reply

Local Agribusiness Economic Study Delivered to St. Louis Agribusiness Club

Biomass Rules Posted on September 25, 2025 by Mark JennerSeptember 25, 2025

Monday, September 22, 2025, the 2025 Agribusiness Economic and Jobs Study, 2025, results were presented to the St. Louis Agribusiness Club.  The St. Louis Metropolitan Statistical Area (MSA) agribusiness economic impact has grown since the last study in 2019. Based … Continue reading →

Posted in analytics, economics, education, macro, policy, Real Adventures in Economics, science, wealth creation | Tagged agricultural production, bitcoin, Bond County Illinois, direct GDP, gig-economy., gross domestic product (GDP), IMPLAN, indirect GDP, indirect jobs, input suppliers and services, input-output, Local Agribusiness Economic Study Delivered to St. Louis Agribusiness Club, manufacturing, Metropolitan Statistical Area (MSA), Missouri, processing, St. Louis, St. Louis Agribusiness Club, St. Louis MSA | Leave a reply

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

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Recent Posts

  • Industry Terminology has a Powerful Policy Impact – Definitive Power
  • For 40 Years, Real Cost of Thanksgiving Meal Price Remains Constant
  • US Turkey Growers Do Not Receive Same Market Benefit as the Industry
  • St. Louis is a Hub of US Farm Production – St. Louis Agribusiness Club
  • Anaerobic Digestion of Food Waste is Growing

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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