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Category Archives: analytics

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The Incorrect Use of a Mean to Mean a Midpoint is Just Mean

Biomass Rules Posted on December 17, 2024 by Mark JennerDecember 17, 2024

English is so difficult.  The word ‘mean’ here has three different meanings, one of which is to understand. The first occurrence of ‘mean’ infers an average. The second ‘mean’ occurrence implies or conveys understanding. The third ‘mean’ is a value … Continue reading →

Posted in analytics, definition, economics, policy, science | Tagged 98.6 degrees Fahrenheit, applied theory, arithmetic mean, average, central limit, changing data alters theory, critical thinking, inference, misleading, normal distribution, normal human body temperature, pandemic, the incorrect use of a mean to mean a midpoint is just mean, vigilance, Wall Street Journal (WSJ) | Leave a reply

Evaluating Loan Schedules – What the Function

Biomass Rules Posted on December 11, 2024 by Mark JennerDecember 11, 2024

Last week Biomass Rules posted about comparing 4-year loans to 7-loans.  The Wall Street Journal published an article that discussed negative equity from partially paid car loans.  There are multiple factors to consider with more than one correct solution.  The … Continue reading →

Posted in analytics, science, What the Function | Tagged absolute address anchor, evaluating loan schedules, interest payment function, interest rate, IPMT(), monthly loan payment calculation, negative equity, PMT(), PPMT(), present value, principal, principal payment function, renewable natural gas RNG, term of loan, unique period number, validation check, Wall Street Journal, what the function | Leave a reply

Food Prices are Not Driving 2024 Inflation – Real Adventures in Economics

Biomass Rules Posted on November 14, 2024 by Mark JennerNovember 14, 2024

Food prices have been inflated.  Food, as a category in the Consumer Price Index (CPI) is no longer driving inflation.  The Wall Street Journal reported on November 2, 2024, that grocery distributors are causing food prices to increase and cause … Continue reading →

Posted in analytics, economics, Real Adventures in Economics, science | Tagged consumer food choice, Consumer Price Index (CPI), environmental services value chain, food, food prices, food prices are not driving 2024 inflation real adventures in economics, food value chain, food-at-home, food-away-from-home, fuel value chain, grocery retail, It is complicated., not driving 2024 inflation, real adventures in economics, restaurant retail | Leave a reply

Tracking Pastureland Use Change in USDA, Natural Resource Inventory

Biomass Rules Posted on November 4, 2024 by Mark JennerNovember 4, 2024

Land use change has gotten complicated.  Tracking changes in climate have added more than simply physical changes in land use.  The first step in understanding the more sophisticated land use change implications is to understand what land is changing.  The … Continue reading →

Posted in analytics, definition, policy, science | Tagged 25 GWP, 300 GWP, ambient carbon, annual cropland, cattle methane emissions, domestic cattle emissions, global cattle emissions, land use change, Natural Resource Inventory (NRI), nitrous oxide, perennial pasture, sensitive soils, tracking pastureland use change, tracking pastureland use change in USDA Natural Resource Inventory, USDA | Leave a reply

Unpacking the Reported Negative Equity of Used Cars

Biomass Rules Posted on October 31, 2024 by Mark JennerOctober 31, 2024

The Wall Street Journal reported this week that used cars are losing value faster than they have been.  The term negative equity was discussed.  In the article, car owners were required to settle their loan prior to the full term, … Continue reading →

Posted in analytics, economics, science, wealth creation | Tagged 4-year, 48-month, 7-year, 84-month, cost of capital, depreciating value, equity, fixed payment, loan, reported negative equity, risk management, total interest paid, unpacking the reported negative equity of used cars, used cars, Wall Street Journal (WSJ) | Leave a reply

Setting Economic Model Context and Boundaries

Biomass Rules Posted on October 30, 2024 by Mark JennerOctober 30, 2024

The first 15 years after high school were spent chasing windmills, because in those early years of adulthood, all the answers were obvious. Go to college and become smart enough to change the world (age 18 to 22). Save the … Continue reading →

Posted in analytics, economics, science | Tagged 10 years out, applications, boundaries, context, crude oil price, data, demystify the jargon, economic model, faux solutions, forecasts, imitation of reality, long-term, methods, near-term, next year, setting economic model context and boundaries, time horizon | Leave a reply

Off-Farm Income as a Farm Household Business Risk Management Tool

Biomass Rules Posted on October 30, 2024 by Mark JennerOctober 30, 2024

Farm management focuses on business decision making for the business unit of the farm.  But access to external cash-flows from off-farm income takes some pressure off the total dependence on the success of the farm business unit. Farm Enterprise Analysis … Continue reading →

Posted in analytics, economics, science | Tagged 2022, 60 percent off-farm days, bottom 20 percent, Census of Agriculture, enterprise efficiency, farm enterprises, farm household business, farm income, farm number, farm size, off-farm, off-farm enterprises, off-farm income, off-farm income as a farm household business risk management tool, on-farm, risk management tool, top 20 percent, USDA, variability, whole business efficiency | Leave a reply

The More and Less of US Energy Consumption

Biomass Rules Posted on October 18, 2024 by Mark JennerOctober 18, 2024

Biomass Rules seeks out examples of increased efficiency and utilization.  This means businesses and economies produce more output from fewer inputs. We have focused our work in research and innovation the last four decades on either developing an innovation, or … Continue reading →

Posted in analytics, economics, science | Tagged 104 quad btu, 1990 levels, 1990=100, 84.5 quad btu, btu, chained, CO2 emissions per unit of GDP, Department of Energy, Energy Information Administration (EIA), fewer emissions, greenhouse gases (GHG), gross domestic product (GDP), incremental change, less energy consumption, metric ton, more output, output per unit input, real GDP, the more and less of US energy consumption, U.S. Environmental Protection Agency (EPA) | Leave a reply

Magical Conversion of Text to Dates – What The Function

Biomass Rules Posted on October 14, 2024 by Mark JennerOctober 14, 2024

Biomass Rules Blog students who were working ahead on last week’s crude oil and corn price comparison likely hit an impasse when downloading the monthly corn price data from USDA.  The USDA, National Ag Statistics Service (NASS), Quick Stats monthly … Continue reading →

Posted in analytics, science, What the Function | Tagged coding, combining cell contents, CONCAT(), concatenation, Conversion, date formats, DATEVALUE(), magical conversion of text to dates what the function, MS Excel, National Ag Statistics Service (NASS), Quick Stats, text strings, text to dates, USDA, what the function | Leave a reply

Turning Straw into Gold, the ‘Rumpelstiltskin’ of Leftover Organics

Biomass Rules Posted on October 8, 2024 by Mark JennerOctober 8, 2024

Biomass Rules takes inventory of locally available, undervalued wastes, and finds higher valued markets through which move these once-upon-a-time liabilities back into the economy.  Sometimes straw may be a feedstock into feed, fertility or biofuel products.  Biomass Rules is the … Continue reading →

Posted in analytics, economics, science | Tagged 'Rumpelstiltskin', as is, benefit greater than costs, Biomass Management Zone (BMZ), bone-dry-ton, California, California Biomass Collaborative, leftover, moisture removed, organics, Paradise, rice, straw, straw into gold, turning straw into gold the 'Rumpelstiltskin' of leftover organics, UC-Davis, wheat | Leave a reply

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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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