Economics Homework Help

RUBRIC AND ARTICLE ATTACHE

DISCUSSION POST: 4 PARAGRAPHS

RESPONSE POST: 2 PARAGRAPHS9 (I will send a comment to respond once you have completed a discussion post

Guidance: This PR Newswire piece (see citation link below) focuses on research describing the long-run trend of consolidation in U.S. agricultural production. The author of the research (interviewed in the piece) discusses why farms have increasingly gotten larger and fewer in number. However, for your assignment, I want you to focus on the economic implications of this shift in farm size and number. Specifically, what market characteristics are changing with consolidation, and what is the impact on outcomes, such as output and price? Are there other factors that can either counteract or reinforce the effects of consolidation? You can choose to discuss U.S. agriculture as a whole, or focus on a particular sector (e.g. livestock) or product (e.g. corn). Also, while this short piece provides a framework for analysis, it is limited in information, so feel free to use–and cite (similar to format below)–other sources.

Assessment: Your grade will be based on the following four-part rubric: IPT_Discussions_Rubric.pdf.

NOTE: There are two deadlines:

Tuesday, 4/27, 11:59 p.m.–Your discussion.

Wednesday, 4/28, 11:59 p.m.–Response to discussion post of ONE (1) of your group members.

Article: PR Newswire (2020). UMD researcher highlights trends in the consolidation of agriculture across the U.S. with 35 years of data. PR Newswire Association LLC [New York]