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Showing posts with label Declining Rural America economy. Show all posts
Showing posts with label Declining Rural America economy. Show all posts

Thursday, August 11, 2016

Program Will Train Mental Health Providers, Improve Health Care in Rural Missouri

Missouri program to boost Rural Communities
August 11, 2016--According to the U.S. Census, 37 percent of Missourians live in rural communities and have limited access to health care, particularly mental health care.

A new graduate education program at the University of Missouri has received nearly $700,000 from the Health Resources and Services Administration (HRSA) in the U.S. Department of Health and Human Services to train psychology doctoral candidates in integrated, primary health care settings, in an effort to improve health care for underserved populations with mental health and physical disorders.

“Placing psychology doctoral candidates within primary health care agencies will enhance the current infrastructure in Missouri’s communities and improve comprehensive care for patients,” said Laura Schopp, professor of health psychology and co-principal investigator for the training program.

“For example, a patient with diabetes may need psychological help to address mental barriers that could be preventing them from changing their behavior. Having psychologists working side-by-side with primary care providers should result in better patient outcomes and savings to the state in Medicaid dollars.”

The funding will support several training partnerships and placements throughout Missouri including:
• Missouri Department of Mental Health and Community Mental Health Centers
• Missouri Division of Vocational Rehabilitation
• Family and Community Medicine Clinics in the MU School of Medicine
• MU Thompson Center for Autism and Neurodevelopmental Disorders
• Harry S Truman VA Medical Center
• Fort Leonard Wood Army Post

“Previous research has indicated the need for a comprehensive approach to health care,” Schopp said. “If we treat the whole person—mind and body—patients will have significantly better health outcomes. This new training program will allow people to help patients that do not have access to the psychological care that they need.”


The HRSA Graduate Psychology Education program at MU is being led by Brick Johnstone, professor of health psychology in the MU School of Health Professions. Along with Schopp, the program is being assisted by Eric Hart, associate clinical professor of health psychology and training director; Renee Stucky, professor at the Comprehensive Pain Management Center in the MU School of Medicine; Nikole Cronk, associate teaching professor of family and community medicine in the MU School of Medicine; and psychologists from the MU department of health psychology.

This project is supported by HRSA of the U.S. Department of Health and Human Services under grant number 1D40HP29827-01-00 for $699,772 over a three-year period. As required by the grant, MU provides some benefits to graduate students who contribute to this work. This information or content and conclusions are those of the author and should not be construed as the official position or policy of, nor should any endorsements be inferred by HRSA, HHS or the U.S. Government. 

Thursday, August 27, 2015

Family Farm Managers Earn Less, but Gain ‘Emotional’ Wealth


Newswise, August 27, 2015 — ITHACA, N.Y. – After hours harvesting forage, managing livestock and milking cows, new Cornell University agricultural economic research shows family members who work on the family dairy farm make $22,000 less annually than comparable hired managers, but are handsomely compensated with “socioemotional” wealth.

“While $22,000 seems like a large penalty, there are nonfinancial rewards they experience working for the family business,” said Loren Tauer, professor at Cornell’s Charles H. Dyson School of Applied Economics and Management, who with lead author Jonathan Dressler of MetLife’s Food and Agribusiness Finance, published “Socioemotional Wealth in the Family Farm,” in a forthcoming Agricultural Finance Review.

There are roughly 5,400 dairy farms in New York, large and small. “Family members like to work for the family farm, as it brings prestige and satisfaction by working with siblings, cousins and parents,” explains Tauer. “The socioemotional part is that these family members feel an attachment to the dairy farm. It’s a warm and fuzzy feeling.”

Further, Dressler explained that socioemotional aspects of running a dairy farm “create a sense of pride and belonging, as collectively each family member is contributing an effort toward a common family goal.”

Dressler and Tauer examined dairy farm income in 1999 through 2008 and showed that New York farm manager median salaries varied widely from $41,884 in 1999, to $64,466 in 2004 to $74,986 in 2005, all adjusted for inflation to 2008 dollars. 

While the family farm managers were paid on average about $22,000 less, family members were compensated in other ways, such as with equity in the family business, which includes land values and the value of the operation – all of which have risen over time.

For family farms, Dressler and Tauer estimated a 5 percent current return to equity and asset appreciation of 10 percent, for a total return to equity of 15 percent. 

With “sweat equity,” Tauer explains, children eventually inherit farms or are given an opportunity to purchase farms at a low estimate of the farms’ value. That future ownership opportunity and the chance to work with family members offset reduced annual compensation.



Friday, August 21, 2015

Rural Mainstreet Index Sinks in August

 Cash Rents Expand as Farmland Prices Slump

August Survey Results at a Glance:
• The Rural Mainstreet Index sinks to growth neutral for August.
• Farmland prices decline for the 21st straight month, but cash rents remain strong at $263 per acre.
• On average, bankers expect farmland prices to decline by another 5.8 percent over the next 12 months.
• Housing sales expand at a healthy pace.

Newswise, August 21, 2015 – The Creighton University Rural Mainstreet Index fell for August from July’s tepid reading, according to the monthly survey of bank CEOs in rural areas of a 10-state region dependent on agriculture and/or energy.

Overall: The Rural Mainstreet Index (RMI), which ranges between 0 and 100, sank to growth neutral 50.0 from 53.4 in July.

“This is the first decline in the overall index since March of this year. Weaker conditions among businesses tied directly to agriculture and energy accounted for the downturn in the reading," said Ernie Goss, Jack A. MacAllister Chair in Regional Economics at Creighton University's Heider College of Business.
Farming and ranching: The farmland and ranchland price index for August increased slightly to 32.7 from July’s 31.4. 

“This is the 21st straight month the index has remained below growth neutral. But, as in previous months, there is a great deal of variation across the region in the direction and magnitude of farmland prices,” said Goss.

This month the survey asked bankers to project the expected change in farmland prices over the next year. On average, bankers reported an estimated decline of 5.8 percent over the next year. Last August when the same question was asked, bankers reported an expected 4.8 percent decrease.

“Bank CEOs were also asked to estimate current cash rents for nonpasture cropland. On average, bankers reported $263 per acre, which is up from $258 reported last year at this time. Additionally, bankers reported an increase in the share of farmland financed from 74 percent last August to 77 percent this month,” said Goss.

The August farm equipment-sales index sank to a very weak 14.2 from July’s 17.9, but was up from June’s record low 12.5. “With farm income expected to decline for a second straight year, farmers remain very cautious regarding the purchase of agricultural equipment,” said Goss.

Banking: The August loan-volume index climbed to 73.0 from 72.1 in July. The checking-deposit index rose to 55.0 from July’s 53.4, while the index for certificates of deposit and other savings instruments dropped to 34.0 from July’s 38.6.

Hiring: Despite weaker crop prices and pullbacks from businesses with close ties to agriculture and energy, Rural Mainstreet businesses continue to add workers to their payrolls. The August hiring index increased to a strong 63.3 from 60.3 in July.

 “Rural Mainstreet businesses continue to hire additional workers, while rural Mainstreet communities are growing jobs at a solid annual pace of approximately 1 percent, primarily in businesses not linked to agriculture or energy,” said Goss.

Confidence: The confidence index, which reflects expectations for the economy six months out, slumped to 42.0 from 46.6 in July. “Declines for agricultural commodity and energy prices pushed bankers’ economic outlook lower for the month,” said Goss.

Home and retail sales: The August home-sales index declined to a strong 70.4 from July’s 73.3. The August retail-sales index decreased to 50.0 from 53.4 in July. “Home sales on Rural Mainstreet have been very healthy over the last several months,” said Goss.

Each month, community bank presidents and CEOs in nonurban agriculturally and energy-dependent portions of a 10-state area are surveyed regarding current economic conditions in their communities and their projected economic outlooks six months down the road. 

Bankers from Colorado, Illinois, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, South Dakota and Wyoming are included. The survey is supported by a grant from Security State Bank in Ansley, Neb.

This survey represents an early snapshot of the economy of rural agriculturally and energy-dependent portions of the nation. 

The Rural Mainstreet Index (RMI) is a unique index covering 10 regional states, focusing on approximately 200 rural communities with an average population of 1,300. It gives the most current real-time analysis of the rural economy. 

Goss and Bill McQuillan, former chairman of the Independent Community Banks of America, created the monthly economic survey in 2005.

Colorado: Colorado’s August Rural Mainstreet Index (RMI) dipped to 51.5 from July’s somewhat stronger 53.2. The farmland and ranchland price index expanded to 38.4 from 12.7 in July. Colorado’s hiring index for August advanced to a healthy 65.5 from July’s 52.9.

Illinois: The August RMI for Illinois declined to 50.0 from 53.6 in July. The farmland-price index dropped to 29.5 from July’s 31.6. The state’s new-hiring index increased to 62.0 from July’s 60.5.

Iowa: The August RMI for Iowa dropped to 53.4 from July’s 56.6. Iowa’s farmland-price index for August rose to 44.0 from July’s 43.9. Iowa’s new-hiring index for August jumped to 67.8 from 65.4 in July.

Kansas: The Kansas RMI for August slid to 49.8 from July’s 52.3. The state’s farmland-price index for August increased to 27.8 from July’s 24.6. The new-hiring index for the state expanded to 61.3 from 57.7 in July.

Minnesota: The August RMI for Minnesota fell to 48.4 from July’s 53.9. Minnesota’s farmland-price index declined to 33.7 from 37.4 in July. The new-hiring index for the state declined to a healthy 58.2.

Missouri: The August RMI for Missouri declined to 43.2 from 47.1 in July. The farmland-price index grew to 29.5 from July’s 13.9. Missouri’s new-hiring index decreased to 51.3 from July’s 53.4.

Nebraska: The Nebraska RMI for August slumped to 48.4 from 50.1 in July. The state’s farmland-price index fell to 19.6 from July’s 21.4. Nebraska’s new-hiring index advanced to 58.0 from 56.4 in July. According to Jon Schmaderer, CEO of Tricounty Bank in Stuart, “The high level of moisture in July-August has substantially reduced the cost of irrigation this season.”

North Dakota: The North Dakota RMI for August decreased to 47.1 from 50.6 in July. The farmland-price index fell to 24.8 from 36.5 in July. North Dakota’s new-hiring index declined to 60.1 from July’s 62.4.

South Dakota: The August RMI for South Dakota slipped to 55.1 from July’s 56.7. The farmland-price index rose to 47.2 from 43.0 in July. South Dakota's new-hiring index climbed to 69.1 from 65.0 in July.

Wyoming: The August RMI for Wyoming sank to 49.2 from last month’s 52.5. The August farmland and ranchland-price index expanded to 47.2 from July’s 27.9. Wyoming’s new-hiring index climbed to 60.9 from July’s 59.0.