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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

Corn is More than Food – Real Adventures in Economics

Biomass Rules Posted on October 9, 2024 by Mark JennerOctober 9, 2024

Number 2 Yellow Corn plays many roles these days.  Among them both ‘sustainable savior,’ as well as, ‘destroyer of humanity and the planet.’  That is a pretty broad range.  Back in the good old days, 20 years ago, corn was … Continue reading →

Posted in economics, policy, Real Adventures in Economics, science | Tagged 20-years ago, adventures in economics, causal, complement, corn, corn is more than food - real adventures in economics, correlation, crude oil, daily prices, Energy Information Administration (EIA), ethanol, feed, gasoline, interdependence, monthly prices, more than food, MTBE, NASS, olden days, price indices, quantities, Quick Stats, substitute, transportation fuel, USDA | 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

Calculating Annualized Inflation with Rate of Growth – What the Function

Biomass Rules Posted on September 30, 2024 by Mark JennerSeptember 30, 2024

The last few years have been an inflationary roller coaster.  On September 26, nearly 50 years of US inflation was used to illustrate HOW NOT TO USE inflation (spurious correlation).  Part of understanding what charts of inflation actually mean, is … Continue reading →

Posted in analytics, economics, macro, science, What the Function | Tagged =SUM(), annualized rate, Bureau of Labor and Statistics (BLS), calculate monthly change, calculating annualized inflation with rate of growth, calculating inflation, Consumer Price Index (CPI), download data, earlier period, growth rate, rate of growth, recent period, sum 12 month rates, what the function | Leave a reply

Avoid Inflated and Spurious Correlations

Biomass Rules Posted on September 26, 2024 by Mark JennerSeptember 26, 2024

It is an election year, and the number of charts showing the economy-wide influences by a single factor are up.  A recent chart making a thin claim about the cause of inflation struck me as a similar rhythm to my … Continue reading →

Posted in analytics, economics, policy, science | Tagged association, avoid inflated and spurious correlations, causality, Consumer Price Index (CPI), CPI 1982-1984=100, creative thinking, critical thinking, easy data likely not representative, factors that influence inflation, pay attention, spurious correlations | Leave a reply

Forecasting a Plague with Moving Averages

Biomass Rules Posted on September 23, 2024 by Mark JennerSeptember 23, 2024

Moving averages are the most basic tool, taught in undergraduate courses as an introduction to forecasting.  Prior to the pandemic, commodity futures charts were the go-to illustration of the benefits of moving averages for undergraduate students.  Moving averages smooth out the … Continue reading →

Posted in analytics, definition, policy, science | Tagged 7-day moving average, basic tool, Center for Disease Control (CDC), COVID, data uncertainty, false negative, false positive, forecasting, forecasting a plague with moving averages, moving averages, negative, new cases per day, pandemic, plague, poor quality data, positive, uniform protocol | Leave a reply

BioTown, USA – Sourcing Local Biomass Energy Feedstocks

Biomass Rules Posted on September 19, 2024 by Mark JennerSeptember 19, 2024

Twenty years ago the State of Indiana asked question, “Does a rural community produce sufficient organic wastes to provide energy for the community?”  Fortuitously, Indiana’s BioTown, USA project invited Biomass Rules, LLC to help answer the question.  Today’s table summarizes … Continue reading →

Posted in analytics, economics, production, science | Tagged anaerobic digester, BioTown, BioTown USA, brown grease, corn stalks, feedstocks, Indiana, manure, municipal solid waste (MSW), natural gas, power, Reynolds, septage, sewage, sourcing local biomass energy, transportation fuel, USA sourcing local biomass energy feedstocks, wastes to energy, White County, yellow grease | Leave a reply

The Economics of Food – It is Just A Little More Complicated

Biomass Rules Posted on September 17, 2024 by Mark JennerSeptember 17, 2024

Hemp seeds command a premium price.  USDA, Agricultural Marketing Service (AMS) now reports weekly hemp product prices.  In the September 11, 2024 report, one pound of hemp seeds was reported at $12.64.  That is down from $14.39 per pound the … Continue reading →

Posted in analytics, economics, policy, science | Tagged absolute, almonds, benefits, cannabis sativa, complicated, costs, economic efficiency, economics of food, farm commodity, hemp seeds, index, peanuts, prices, relative, retail food product, sunflower seeds, the economics of food is just a little more complicated | Leave a reply

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Recent Posts

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  • 2022 Census of Agriculture Farm Typology Volume 2 Has Arrived

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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