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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

An Inventory of Cellular Transformation on Today’s US Farms

Biomass Rules Posted on January 15, 2025 by Mark JennerJanuary 15, 2025

Is emerging cellular agriculture an extension of farming? Or is it a replacement for farming?  An extension of farming – grain to beer – is an economic complement.  A farm replacement – meat and dairy protein from tanks – is … Continue reading →

Posted in analytics, definition, economics, farm, macro, policy, science, wealth creation | Tagged 2022 Census of Agriculture, 2023 Census of Aquaculture, an inventory of cellular laboratories on today's US farms, cellular agriculture, cellular laboratories, cellular regeneration, complement, dairy, digester, haylage, Inventory, manure, meat, organic soil buffer, rumen, silage, substitute, substitute protein, US EPA AgSTAR farm digester database, US farms | Leave a reply

Aquaculture is Planet-Saving Anthropogenic Food Production

Biomass Rules Posted on January 9, 2025 by Mark JennerJanuary 9, 2025

Raised by depression-era parents, I have lived through the 1980s farm crisis, and spent 2 years as a Peace Corps Volunteer in Nepal using my first degree (BS agronomy) to help Nepali farmers grow more food. In the 80s and … Continue reading →

Posted in definition, economics, farm, macro, policy, production, science, wealth creation | Tagged anthropogenic, aquaculture, aquaculture is planet-saving anthropogenic food production, aquatic animals, aquatic plants, domestic, fish farm, Food and Agriculture Organization (FAO), food production, global, planet-saving, property ownership rights, sustainable fisheries, UN, USDA, wild, wild catch, wildlife | Leave a reply

US Fish and Microalgae Farms Count at USDA

Biomass Rules Posted on January 8, 2025 by Mark JennerJanuary 8, 2025

One of the follow-on surveys to the Census of Agriculture is the Census of Aquaculture. Since the 2022 Census of Agriculture has been conducted, a new USDA, Census of Aquaculture has been conducted for the production year 2023. Fish farmers … Continue reading →

Posted in analytics, economics, farm, production, science | Tagged 2022 Census of Agriculture, 2023 Census of Aquaculture, algae, American Farm Bureau Federation, bait fish, count at USDA, crustaceans, fish farms, food fish, microalgae, microalgae farms, mollusks, ornamentals, ownership rights, simple plant, single cell, sport fish, tank-based production, US fish and microalgae farms count at USDA | Leave a reply

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

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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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