aaea case study competition

AAEA Annual Meeting

Aaea annual meeting took place on july 23-26, 2023 in washington, dc. .

UGA was represented well with 15 faculty and 19 graduate students presenting papers, posters, and finishing in the top four in the Case Study Competition. 

Jacob Winkles and Vivek Bist, two graduate students in the department, competed in this year’s AAEA Graduate Student Case Study Competition held on Sunday, July 23. The case study centered on product development and profitability of a farm management software program.  Jacob and Vivek made the finals of the competition and placed 4th. They worked really hard, came up with great solutions, and represented the department and university well!

College of Agriculture & Natural Resources Department of Agricultural, Food, and Resource Economics

Afre graduate students win 4th straight case study competition.

For the second year in a row, graduate students from AFRE won the AAEA Graduate Student Case Study Competition, held in Washington D.C. on August 5-7, 2018.

Samantha Ward <[email protected]> - August 07, 2018

For the second year in a row, graduate students from the Department of Agricultural, Food, and Resource Economics (AFRE) won the Agricultural & Applied Economics Association (AAEA) Graduate Student Case Study Competition. Held in Washington D.C. on August 5-7, 2018, the winning team was made up of AFRE Ph.D. students Braeden Van Deynze, Stephen Morgan, and Samantha Padilla.

The team received their case three weeks in advance to prepare an initial presentation on MightyVine Tomatoes, a young company outside of Chicago that grows hydroponic tomatoes in glasshouses, allowing them to supply fresh, locally produced tomatoes year-round in the Chicagoland market. The team’s task was to assess the company and provide recommendations on their path moving forward.

Van Deynze, Morgan, and Padilla collaborated remotely with a three-hour time difference in preparation for the presentation, as two of the three team members were attending a different conference in Vancouver.

“Our AFRE coursework in information and institutional economics provided us with a unique perspective on the case, which I think the judges really appreciated,” said Van Deynze. “We also  share an office on campus, which has given us the chance to learn each other's work habits and strengths. I think our past experiences working together were critical to our success.”

After presenting their analysis to two panels of judges, the AFRE students became one of four teams that made it to the final round of judging. After each round, the team met to discuss feedback from judges and prepare for possible questions.

The AFRE team was awarded first place at the conference awards ceremony on August 6, securing the title for the second consecutive year. Combined with their two consecutive IFAMA case study competition wins, MSU has brought home gold in four straight competitions.

“We’re very proud and excited for our outstanding graduate students who have been very active in our professional associations," said Titus Awokuse, AFRE chairperson. "Their excellent training at MSU in the classroom and their experiences beyond the classroom makes them well-prepared to succeed in their future professional positions in academia, government, and the private sector.”

“We bring a unique perspective to the case study competition, drawing on our backgrounds in agricultural, development, and environmental economics,” said Padilla, AFRE job market candidate and the only student a part of each one of those teams. “We focus on the context of the business environment for each case, coming up with many plausible strategic alternatives. The hard part is choosing and committing to the best strategy.”

AFRE is well placed to continue the tradition of annual case study competitions. According to Morgan, “We couldn’t have been so successful during the past two years without the incredible support of AFRE’s faculty and staff,” he said. “In addition to excellent training, the department has always been willing to support commitment to supporting students at conferences and competitions really enriches the graduate school experience.”

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AEA U.S. Student Evaluation Case Competition

Students are encouraged to participate in the AEA Student Evaluation Case Competition! You will work with a team of students, with a coach or two guiding your preparation, to analyze a case and develop an evaluation plan for an organization facing a contemporary issue. This competition is a great way to develop your evaluation competencies and prepare you for a career in evaluation. The winning team will be recognized at the upcoming AEA conference and will receive a year of free membership and free conference registration! 

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If you are interested in sponsoring the student evaluation case competition by providing financial support for winning teams, please email us at [email protected] .

If you have any questions, comments, or concerns, please email the case competition team at [email protected] . This page will be updated frequently, so please check back here regularly.

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Aaron Troyer Marisa Zansler 2001 AAEA Case Study Competition

Oct 25, 2014

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UF. Food &amp; Resource Economics Dept. Aaron Troyer Marisa Zansler 2001 AAEA Case Study Competition. XS Inc.com “Redefining Agricultural Input Supply”. XS Ag.com Website designed to enable producers, dealers, and manufacturers to trade agricultural seed, chemicals, fertilizer, etc.

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• phone service
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UF Food & Resource Economics Dept. Aaron Troyer Marisa Zansler 2001 AAEA Case Study Competition

XS Inc.com “Redefining Agricultural Input Supply” • XS Ag.com • Website designed to enable producers, dealers, and manufacturers to trade agricultural seed, chemicals, fertilizer, etc. • Nterline • Combines the traditional agricultural input distribution system with up to date technology that streamlines the supply chain

Problem Statement ? XS Inc.com must consider a marketing strategy designed to meet its challenges and allow profitable operation in the future Marketing Plan

XS Inc.com: Challenges • Competition • Supply Chain Inefficiencies • Market Readiness

Core Strengths Lower Input Prices 24 hour availability Fills Supply Efficiency need Allows for better price transparency Customer data management Company Weaknesses Internet Only Access Service “Return ability” Delivery Time No Personal Relationships XS Inc. Internal Forces

Opportunities Participates in large market Internet market is growing Access growers around US in one location Nterline is open platform Pressures Traditional markets turning e-friendly Strong service from traditionals Many online ag services Compete directly with manufacturers, distributors, and retailers. XSInc. External Forces

XS Ag.com Market Segmentation Total U.S. Farms Inputs 188.5 Billion Chemical Sales & Application 8.48 Billion Other Ag Inputs 166.88 Machine Parts & Repairs 3.58 Billion Animal Health 2.26 Billion Seeds & Plants 7.35 Billion

Percent of Farms and Land in Farms: By Economic Sales, U.S., 1998-2000 Farms Reporting Greater Than $100K Source: Farms and Lands in Farms, Agricultural Statistics Board, NASS, USDA February 2001

Alternatives • Continue on current course • Address issues of XSag.com and Nterline pricing and positioning • Drop either two lines

XSag.com Implementation • Redefine the target market • Launch a phone service for producers • Add enticing information to website • Increase customer service availability

XSag.com: The Target • Focus the target to specific users • Promote planning • Advertise use for specific crops • Target mid-revenue not acreage

Target By Region Mid revenue firm size by region

Add New Telephone Service • Hire or contract new telephone customer service • Allow for orders over the phone • Can provide price information • Access potential new clients • Fits with the traditional method of communication

Expand Informational Services • 65% of growers with access to the internet use it to find information • Add news and weather • Crop information • New products available • Commodity Prices and Outlooks

Launch Promotional Campaign • Advertising: @Agriculture online and in Successful Farming • Promote Price • New Telephone Order Service • 800 number to access XS ag

Establish Customer Loyalty Pinpoint Most Likely Users Addressing the needs expressed by the end-user More capital risk Returns are somewhat unknown Evaluation PROS CONS

Expected 2001 Revenues 1.44 million from XSag.com Base costs on Ag Services Powerfarm.com They lost .03/share or $164,000 dollars XS ag Costs then could range +/- 20% Revenues And Costs XSag.com

XSag.com Anticipated 2002 Financial Data Dollars are in millions

Core competency Software that anticipates and analyzes demand for ag inputs Open system Coordinates different users along different points in the supply chain Challenges Competition from large traditionals Many large distributors already use some form of ASP Must be compatible with all users Nterline Evaluation

Source: Gartner Group May, 2001 ASP Market Size

Nterline Pricing • Should be based on the level of service provided • Three levels of service • Customized • Must be competitive with other available ASP • Must save customers money

Three Levels of Service • First Level provides transactional assistance throughout supply chain • Second Level available provides the first plus customer data tools and regional anonymous data • Third level includes both 1 and 2 plus and website integration.

Nterline Pricing • Each level adds additional service, thus additional price • First level $2,000 per quarter plus transactional fees • Second level $3,000 per quarter plus transactional fees • Third level $4,000 per quarter plus transactional fees plus website maintenance

Nterline Financials • Cost associated with the development of Nterline • $5.0 million + .5M to promote and service • Long term approach • Target smaller to midsize firms and Co-Ops • Set a goal of 125 customers in the first year • Yields revenue of 1.5 million

Conclusion • Chose to continue development of both Nterline and XSag.com • Nterline • profitable after 2 years • Investment recovered after 6 years • XS ag restructured: • Fits end-user needs • Increases service and support

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Monday, April 29, 2019

Members in the news: hayes, zhang, burdine, shockley, davis, hart, and schulz.

items Wednesday, April 24, 2019 Aem/graduate student section case study competition, 2019 aaea annual meeting. Sunday, July 21, 8:00am – 3:00pm : First Rounds of Competition Monday, July 22, 1:30pm – 4:00pm : Final Round (if necessary) Monday, July 22, 6:00pm – 7:15pm : Awards Ceremony    Students should register for the AAEA Annual Meeting through the 2019 Annual Meeting Registration Form which is available online at https://www.aaea.org/meetings/2019-aaea-annual-meeting/registration--travel . Each team must also complete the Case Study registration form identifying their teammates and send it to AAEA no later than June 15 2019 . Monday, April 22, 2019 Members in the news: smith, funk, rickard, zhang, kolodinsky, lusk, and sumner. - April 9, 2019 with taxpayer dollars.  to buy out fishermen by retiring fishing vessels, gear, permits. - April 8, 2019 Dr. Sam Funk with Iowa Farm Bureau says their analysis looked beyond the cost of lost crops, "But also looking at other activities such as lost labor income, looking at lost sales that might take place for what those farm families would normally buy in a year." Funk says the damage is bigger than other flooding events and will likely last longer. Even more flooding anticipated from the Mississippi River has not hit yet. , and - April 17, 2019 Economists say he’s not alone with his thought. “There’s a big difference on what’s going to happen with global trade,” said Sam Funk, Iowa Farm Bureau Federation Economist. “If we are going to have those markets jeopardized out there in the United States, that is going to back up a lot of marketplace here into Iowa. When you think of some of the basis levels, it’s not just talking about the price of the board of trade, it’s also about talking about the [the basis] level.” - April 13, 2019 "What (an increase in imports) does is it brings food products into a country so consumers have access to more things, and the same things at lower prices," said Brad Rickard, an associate professor at Cornell University and an expert in food and agricultural economics. "As a society, we should embrace more imports of fruits and vegetables." "It's possible that, in the process, some producers are made worse off if they're trying to compete," he said, but "the gains that accrue to these consumers are far greater than the losses." - April 15, 2019 Dr. Wendong Zhang, an economist at Iowa State University, spoke about the ongoing trade negotiations between the two countries and the impact the trade war has had on Iowa’s ag future. He says this topic is important because China is one of the major trading partners with the United States for agriculture. “We’re at a critical juncture. We essentially have witnessed the largest trade war in human history and voted on in the last year,” said Zhang. Jayson Lusk - April 8, 2019 Jane Kolodinsky, a professor and chair of the department of Community Development and Applied Economics at the University of Vermont, wanted to see if consumer perceptions had changed since Vermont’s label mandate. She analyzed the responses of consumers who were asked to rank their attitudes about the use of GMOs in food on a scale of 1 (“strongly support”) to 5 (“strongly oppose”) between 2014 and 2017. She then compared those results to a national consumer survey, led by Purdue University economist Jayson Lusk, that asked similar questions. All told, 7,800 people were surveyed. In Vermont, Kolodinsky found opposition to GMO food fell significantly after the labeling law went into effect – by 19 percent. In the rest of the country, where the federal labeling law was not yet in effect, opposition continued to rise. - April 12, 2019 Daniel Sumner, director of the University of California’s Agricultural Issues Center in Davis, says some of the data points in the just-released 2017 census “deserve interpretation,” such as an apparent increase in female producers from 969,672 to more than 1.2 million nationwide. “One of the really interesting changes is who reports as a farmer,” Sumner tells . While for many years respondents would simply list the principal operator, the latest census gave farms a chance to list as many as four operators, up from three in 2012. and Monday, April 15, 2019 Members in the news: kuethe, macdonald, sumner, doherty, griffin, litkowski, langemeier, and smith. James MacDonald, Daniel Sumner, - April 11, 2019 “We’ve had sort of a hallowing out of the middle,” said Todd Kuethe, an agricultural economist at the University of Illinois Urbana-Champaign, in a telephone interview. “Either you’re one of these large farms or you’re one of these rural, residential farms.” Jim MacDonald, an economist at the , attributes the increase in smaller farms mostly to better data collection by the government and also to people that may have, for example, retired to a rural area, purchased farm land and some cattle or crops. Dan Sumner, an agricultural professor at the University of California in Davis, says that consumers have benefited from farm consolidation with low prices for food and options like being able to choose between organic and non-organic, for example. Most farms, even as they’ve grown, are still family-owned, he said. - April 5, 2019 Agriculture was among the hardest hit sectors, said Mike Doherty, a senior economist and policy analyst for the Illinois Farm Bureau, during the EDC's quarterly meeting at the Bone Student Center at Illinois State University in Normal. “That is true, especially for soybean farmers,” he said. “The tariffs were announced in March of 2018 and McLean County, then had record-high soybean yields — the highest in the state — and record corn yields." - April 2019 "This technology only works for those who can make use of it - those who can deal with a huge amount of information and analyze it to make better farm-management decisions," says Terry Griffin ag economist at Kansas State University. "Our studies indicate that only about 15% of farmers are capturing that value." Griffin bases his estimate on on annual reports from 660 farmers who participate in the Kansas Farm Management Association. Michael Langemeier, - April 10, 2019 "I think the working capital issue is directly tied to bankruptcies," USDA senior economist Carrie Litkowski said. "If [working capital] continues to go down it might lead to more bankruptcies." Michael Langemeier, professor of agricultural economics at Purdue University, cites stronger demand amid rapid expansion in the domestic ethanol industry as a factor driving elevated acreage, which has fostered a "new normal" for farmers. But corn demand for ethanol production has plateaued in recent years and inventories have grown in tandem. Corn stocks in March were estimated at 8.6bn bushels, or 218,576 tonnes, according to the USDA. Corn stocks have risen by 62pc from a year ago, and are more than double their 2010 levels, which lowers market prices. - April 9, 2019 New research from the (NWF) by researchers at three universities is the most recent in a long list of evidence showing that the Renewable Fuel Standard (RFS) are harming the environment. Because the RFS created a huge incentive to grow more corn, farmers began overusing fertilizers and moving into environmentally-sensitive areas. As Dr. Aaron Smith from the University of California, Davis, , “The ensuing expansion and intensification of crop agriculture has transformed the landscape, leading to a cascade of negative impacts on wildlife habitat, water resources, and the climate.” Thursday, April 11, 2019 2019 international conference on agricultural and food science, featured post, usda webinar: international food security assessment, 2024–34. Date: Thursday, September 12, 2024 Time: 1:00 PM ET Duration: 1 hour Presenters: Lila Cardell and Yacob Abrehe Zereyesus Description: US... Blog Archive Choices Magazine AAEA Member Blogs Sitemap | Media | Contact Us | Privacy Policy | Terms of Use Copyright 2008-2012, Agricultural & Applied Economics Association. 212 IMAGES PPT PPT PPT PPT PPT PPT VIDEO SC to hear Bilkis Bano case convicts surrender extension plea Explore Our Master of Business Administration (MBA) (Genshin Impact Lyre Cover) Shakira [ Try Everything } Module 11 English Grammar and Usage सोच समझ कर वरदान मांगना Golden Boon #shorts #youtubeshorts #movieexplainedinhindi Study with me live in india for UPSC IAS 💪 Be productive ✍️💬 Study motivation COMMENTS AEM/GSS Case Study Competition AAEA takes pride in recognizing outstanding contributions at the Awards Ceremony and by the annual selection of the AAEA Fellows. ... AEM/GSS Case Study Competition. The case study competition is a long and prestigious tradition in the GSS. Every year, groups of students have a chance to show off their case study skills and win prize money as ... PDF 2023 Case Study Competition Announcement Registration form due: Case sent to team: Case Study Competition: Case Study Finals: Friday, June 16 by 5:00 pm EDT Friday, July 14 by 5:00 pm EDT Sunday, July 28, 8:00 am - 1:30 pm EDT* Sunday, July 28, 1:30 pm - 4:30 pm EDT*. * Eastern time is used for the competition as the 2024 Annual Meeting will take place in New Orleans, LA. Call for Participation 2021 AEM-GSS Virtual Case Study Competition The completed registration form must be emailed to Samantha Bilgrien ([email protected]) no later than July 9, 2021. Please direct any questions regarding the 2021 AEM-GSS Virtual Case Study Competition to Dr. Aleksan Shanoyan ([email protected]) or Aaron Staples ([email protected]). Posted by Agricultural & Applied Economics Association (AAEA ... AAEA Annual Meeting Case Study Competition. ... Student Extension Competition. The AAEA-GSS Student Extension Competition is sponsored jointly by the Extension Section and the Graduate Student Section and provides graduate students and 2012 or later graduates the opportunity to develop extension and outreach programs from their research. Cash awards will be given ... UF Graduate Students Place 3rd in AAEA Case Study Competition At this year's Agricultural & Applied Economics Association (AAEA) annual meeting, UF graduate students Meri Hambaryan, Kelvin Amon, and Chenxi Hu, competed in the annual Case Study Competition against graduate students from all over the world, placing third.. Hosted by the Agribusiness Economics and Management (AEM) - Graduate Student Section (GSS), this prestigious competition invites ... Ag Econ Grad Students Win AAEA Case Study Contest, Myers Third, Others The case study competition allows graduate students to test their communication skills and ability to apply their knowledge of agricultural economics and agribusiness to practical situations. ... Winning this competition is a huge honor for graduate students at AAEA, and this will be a memorable landmark in the careers of my teammates and I." AEM/Graduate Student Section Case Study Competition Specific Information for the 2019 Case Study Competition: The number of rounds will be determined by the number of teams entered. The final round will be composed of the top 3 teams. In addition to plaques and cash prizes, the three finalist teams will also be recognized during the AAEA Awards Ceremony. AAEA Annual Meeting AAEA Annual Meeting took place on July 23-26, 2023 in Washington, DC. UGA was represented well with 15 faculty and 19 graduate students presenting papers, posters, and finishing in the top four in the Case Study Competition. Jacob Winkles and Vivek Bist, two graduate students in the department, competed in this year's AAEA Graduate Student ... AFRE Graduate Students Win 4th Straight Case Study Competition For the second year in a row, graduate students from AFRE won the AAEA Graduate Student Case Study Competition, held in Washington D.C. on August 5-7, 2018. Samantha Ward <[email protected]> - August 07, 2018 Case Studies Selected case studies (with teaching note when applicable) should be completed by Wednesday, April 8, 2024. These completed versions will be reviewed by the invited case study committee, and feedback to improve the cases will be provided to the author (s). Final versions of the cases must be submitted to AAEA by Wednesday, May 15, 2024. 2018 AAEA Annual Meeting Call for Participation: AEM/GSS Section Case Specific Information for the 2018 Case Study Competition: The number of rounds will be determined by the number of teams entered. The final round will be composed of the top 3 teams. In addition to plaques and cash prizes, the three finalist teams will also be recognized during the AAEA Awards Ceremony. UF Ph.D. Student Roberto Koeneke: AAEA-GSS Chair AAEA is a national professional organization of over 2,600 members across various fields of applied and agricultural economics. ... Finally, the Graduate Student Section organized three main competitions held at the conference - a case study competition, a policy communications competition, and an Extension competition carried out in ... PDF AAEA News AAEA News 2023 AAEA Awards Winners Outstanding Master's Thesis Award Peizan Sheng, Cornell University ... Outstanding Paper Competition 1. Daniel Harris, Louisiana State University 2. Audrey Holtkamp, Iowa State University ... Case Study Competition Jillian Hyink, University of Arkansas Logan Moss, University of Arkansas ... Judges Needed for GSS/AEM Case Study Competition Judges Needed for GSS/AEM Case Study Competition The Graduate Student (GSS) and Agribusiness Economics Management (AEM) Sections of AAEA need your assistance. We need a total of eight to twelve judges for the preliminary rounds. The time commitment is two to three hours on Sunday morning (July 27), depending on the number of teams. ... AEA U.S. Student Evaluation Case Competition AEA SECC. AEA U.S. Student Evaluation Case Competition. Students are encouraged to participate in the AEA Student Evaluation Case Competition! You will work with a team of students, with a coach or two guiding your preparation, to analyze a case and develop an evaluation plan for an organization facing a contemporary issue. Graduate Student Awards Brewer, Brady. Member of Second Place Case Study Team at Agricultural & Applied Economics Association (AAEA) Graduate Student Case Study Competition, 2011 AAEA & NAREA Joint Annual Meeting, Pittsburgh, PA, July 24-26, 2011. Brewer, Brady. Loren & Phyllis Harris Scholarship, 2011. Brewer, Brady. Timothy R. Donoghue Scholarship, 2011. Canales ... Case Studies Selected case studies (with teaching note when applicable) should be completed by Thursday, April 8, 2021. These completed versions will be reviewed by the invited case study committee, and feedback to improve the cases will be provided to the author (s). Final versions of the cases must be submitted to AAEA by Thursday, May 20, 2021. Aaron Troyer Marisa Zansler 2001 AAEA Case Study Competition UF. Food &amp; Resource Economics Dept. Aaron Troyer Marisa Zansler 2001 AAEA Case Study Competition. XS Inc.com "Redefining Agricultural Input Supply". XS Ag.com Website designed to enable producers, dealers, and manufacturers to trade agricultural seed, chemicals, fertilizer, etc. Announcing the 2024 Extension Competition for Graduate Students The AAEA Extension Competition for Graduate Students provides an opportunity to develop. and/or get feedback on programs that communicate research and practical information to. Extension (usually non-economist) audiences. Entries can be based upon graduate student. research for a thesis, dissertation or other academic work. Invited Case Study Papers Invited Case Study Papers are selected by members of the Case Study Committee based on proposals submitted by AAEA members. Papers presented in this session demonstrate how the application of economics principles to decision making in the public and/or private sectors lead to better decisions. ... 555 East Wells Street Suite 1100 Milwaukee, WI ... PDF JAIME R. LUKE ACHIEVEMENTS: AAEA Case Study Competition - 2nd Place August 2021 Kansas State University Timothy R. Donoghue Graduate Scholarship August 2021 National Pork Board Agrimarketing Fellowship August 2019 - May 2021 Mizzou 18 Graduate Student Award March 2021 World Food Prize Scholar October 2019 CAFNR Outstanding Graduate May 2018 PDF AAEA News Students competing in the competition will receive a copy of the case study at least two weeks in advance of the 2017 AAEA Annual Meeting. AEM/GSS Case Study Competition Rules: Each team should prepare an oral summary of their solution to the case that will last no more than 15 minutes. Presentations lasting more than 15 minutes will be penalized. AAEA Blog: April 2019 By: Successful Farming - April 19, 2019 Wendong Zhang, Extension economist with Iowa State University, says the impact on land values is most distinct in northwest Iowa, where there are a lot more livestock producers competing for land because they need nearby acres to spread manure. assignment essay homework paper phd report resume review speech thesis