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Category: Business/Technology

‘It’s not a good scenario’: Wisconsin farmer says continued drought could mean smaller crop yields

Wisconsin Public Radio

Shawn Conley is a soybean and small grain specialist at the University of Wisconsin-Madison. He said many farmers who just finished harvesting winter wheat brought in quality grain. Conley said soybean fields are also doing OK, but they’ll need at least an inch of rain per week until September to reach their best yields.

“If we don’t get rain, we’ll start seeing a yield hit on the soybean side of things,” Conley said. “Corn is a different matter. I think we’ve already started to see some corn yield losses out there.”

Wisconsin’s paper mills are famous, but its paper converters are just as crucial. Here’s why

The Post-Crescent

While paper converters often go overlooked, they play an important role in both Wisconsin’s paper industry and its economy, according to a recent study from the Wisconsin Paper Council and University of Wisconsin titled, “Adding Value to Our Economy – Paper Conversion in Wisconsin.” More than 145 paper converters operated in Wisconsin in 2022, according to the study.

That number gets bigger a lot faster if you factor in companies that use paper along with plastic and other types of products, Scott Bowe, a professor and wood products specialist at the University of Wisconsin-Madison, said in the May 31 episode of the Wisconsin Paper Council’s “The Paper Files” podcast about the study.

A certain danger lurks there’: how the inventor of the first chatbot turned against AI

The Guardian

Noted: Protesters frequently targeted information technology, not only because of its role in the Vietnam war but also due to its association with the imprisoning forces of capitalism. In 1970, activists at the University of Wisconsin destroyed a mainframe during a building occupation; the same year, protesters almost blew one up with napalm at New York University.

‘Dairy farmers are hurting right now’: Milk prices and dry weather impacting farms

Spectrum News

Leonard Polzin tracks dairy markets at the UW-Madison Division of Extension. He said the state is feeling the effects of a post-pandemic lag in milk demand.

“Total supply is up, and demand is down. We’re increasing inventory, cows keep producing every day, and we just can’t turn it off. Our inventory numbers of all dairy products are increasing, and buyers know that. Buyers are not hungry for product,” explained Polzin.

From cheese tasters to product testing, the Center for Dairy Research continues innovating industry

CBS 58

For 37 years, the Center for Dairy Research (CDR) has helped innovate the dairy industry.

“Cheese-making has been around, there are lots of different guesses right now, but probably somewhere in the region of 8000 years,” CDR and University of Wisconsin Madison Professor of Food Science John Lucey said.

‘More than just a job’: Wisconsin dairy industry focused on workforce amid state’s labor shortage

Wisconsin Public Radio

Leonard Polzin is dairy markets and policy specialist for the University of Wisconsin-Madison’s Division of Extension. He told Wisconsin Public Radio’s “Central Time” that most dairy processors have ongoing recruitment efforts and continue to think about ways to compete with employers hiring from the same labor pool. But he said processors are also starting to pay more attention to advancements in technology and how automation could make jobs easier or replace them altogether.

“If they can take what once was done by 10 people and do it by one person through the advent of additional investment, that’s always a topic of discussion,” he said.

Federal agriculture officials declare drought disaster in southern Wisconsin

Wisconsin Public Radio

Josh Kamps is a crops and soils educator for the University of Wisconsin-Madison’s Division of Extension in the southwestern region. He said crop conditions vary greatly across his area, even from farm to farm.

Kamps said producers who were able to plant early in the season got enough rain to get crops started, allowing the plants to grow deeper roots that tapped into water farther below the surface as soils dried out.

“We have areas where crops were planted a little bit later, maybe toward the end of May,” he said. “Those crops are really struggling. These last couple of rain showers this week are going to definitely help.”

Survey: Just under half of Wisconsin businesses plan to hire additional employees over the next six months

Wisconsin Public Radio

Steven Deller, professor of Agricultural and Applied Economics at the University of Wisconsin-Madison, said businesses remain in “wait and see mode,” as they’ve dealt with economic uncertainty since the Federal Reserve began raising interest rates more than a year ago.

“Six months ago, it was like, the Fed is raising interest rates, the sky is falling, the leading economic indicators are all pointing towards recession,” Deller said. “Now, people are going, ‘Well, wait a minute, the sky is not falling.'”

Menzie Chinn, a professor of public affairs and economics at University of Wisconsin-Madison, said Goldman Sachs’ prediction might be a little rosier than that of most economists. He said economists are anticipating an economic slowdown in the latter half of 2023 or early 2024.

“While people think the chances of a recession are receding, I think the average forecaster still sees a recession coming,” Chinn said. “That being said, I think most of them also think it would be a mild recession.”

With full plants, dairy industry experts say reports of milk dumping are unsurprising amid spring flush

Wisconsin Public Radio

Chuck Nicholson, agricultural economist at the University of Wisconsin-Madison, said it’s not unusual to see some milk dumping in late spring and early summer.

“We tend to see a peak in the production of milk per cow around this time of year,” he said. “That’s based on biology of the cow and the timing of what the climate looks like to make that milk.”

The Supreme Court rejected student loan forgiveness—what does that mean for borrowers?

Wisconsin Public Radio

Last week, the United States Supreme Court ruled against the Biden administration’s attempt to cancel or reduce student loan debt. Nicholas Hillman, a professor in the Department of Educational Leadership and Policy Analysis at UW-Madison and expert on higher education finance, joins us to talk about what the decision means for millions of borrowers.

Extreme drought threatens Wisconsin corn crop

Wisconsin Public Radio

July is a key month for corn pollination, making the next few weeks all the more critical for the crop. That’s according to Jason Otkin, an associate research professor at the University of Wisconsin-Madison who specializes in drought.

“We’re entering a really important time of the year now for the corn crop — pollination in July is so critical. So if we stay dry, and if we get really unlucky and have a big heat wave, that’s going to do quite the number on the corn crop,” he told “The Morning Show.”

Wisconsin home prices have more than doubled over the last decade

Wisconsin Public Radio

The median home price in Wisconsin has more than doubled over the last decade, as supply has failed to keep up with demand after homebuilding slowed during the Great Recession. That’s according to new data from the Wisconsin Realtors Association, or WRA, and a new report from the University of Wisconsin-Extension.

Steven Deller, professor of agricultural and applied economics at UW-Madison, authored the report. He said many were hoping to see downward pressure on prices in response to the Federal Reserve raising interest rates, but that hasn’t happened yet. Deller said high mortgage rates have had a modest effect on demand for homes, but a greater influence on those who currently own a home to postpone older couples from downsizing or young families upsizing, keeping some homes off the market.

“The normal churn in the housing market, the new supply of housing or the increase of existing homes going on the market is actually dropping a little bit more than the decline in demand,” he said.

Wisconsin has seen record-low unemployment for over a year. What does that mean for workers?

Wisconsin Public Radio

Timothy Smeeding, a professor of public affairs and economics at the University of Wisconsin-Madison, told Wisconsin Public Radio’s “Central Time” that the tight labor market has helped low-wage workers the most.

“The good news is that there’s a lot of demand for low-skilled workers beyond bars and restaurants now (with) the expansion of infrastructure and construction,” Smeeding said.

Menzie Chinn, professor of public affairs and economics at UW-Madison, said that wage gains haven’t been evenly distributed by economic sectors. He noted leisure and hospitality workers have seen the largest wage gains since the pandemic, while wages for workers in all other non-farm sectors have seen slower wage growth.

“As far as we can tell, (leisure and hospitality workers) are beating inflation, at least in terms of the wage rate,” he said. “Now, I don’t know how many hours they’re working, and it’s going to be spotty because not everybody is going to be in a restaurant that saw their wages rise.”

Beyond wages, Laura Dresser, associate director of the COWS economic think tank at UW-Madison, said the tight labor market also gives workers more leverage to negotiate with their employers for more flexible hours or to confront workplace harassment.

“I think there’s a lot of evidence that in this tight labor market, low-wage workers especially have found ways to ask more from work to see their own value,” she said.

With first-round funding in hand, Madison startup Realta Fusion aims to bring first reactor online within a decade

Milwaukee Journal Sentinel

Forget the well-worn adage that fusion energy and the promise of virtually unlimited green power is three or more decades away — a Madison startup believes it can develop a market-ready fusion reactor in a third of that time.

The longer time frame generally applies to utility scale reactors that some day could power the electric grid; Realta Fusion, a Madison company that spun off from the University of Wisconsin in September has more modest goals — modular reactors that within a decade could supply abundant energy for heat-intensive industries like plastics and fertilizer manufacturers, oil refineries and other companies that need massive amounts of heat for their processes.

Madison nonprofit to offer payday lender alternative

Wisconsin Public Radio

Wisconsin residents who borrow from payday lenders face some of the highest costs in the nation, according to a 2022 Pew study. The head of the Society of St. Vincent de Paul’s Madison branch discusses its upcoming microloan program as an alternate to traditional lenders. And J. Michael Collins, a UW-Madison professor, talks about the state of Payday lending in Wisconsin.

Historic gains for low income workers during pandemic at risk with end of pandemic policies

Wisconsin Public Radio

During the pandemic, the income gap actually started to get smaller after decades of stagnating wages for low income workers and faster, bigger gains for the wealthy. But the end of pandemic policies may put these gains in jeopardy. Timothy Smeeding,  a professor of Public Affairs and Economics at the University of Wisconsin-Madison, explains.

Assembly lawmakers look at allowing pharmacists to prescribe birth control

Wisconsin Examiner

“As a pharmacist who works in a rural primary care clinic, I’ve seen how challenging it can be for patients to get in for an appointment with their primary care provider,” Marina Maes, a professor at the University of Wisconsin-Madison School of Pharmacy said. “The provider schedules are booked two to three months out, which limits patients’ access to timely and convenient care from trusted health care professionals.”

Wisconsin state government is struggling to retain employees. Here’s how that affects veterans, state services

Milwaukee Journal Sentinel

Over the last several years, state workers have been leaving their jobs at higher rates and those jobs are remaining unfilled for longer than they typically do. The analysis shows that turnover and vacancy rates for state workers outside of the University of Wisconsin System rose to record levels in fiscal year 2022, with 16.4% of the 28,000 employees leaving their jobs, including 10.2% who left for voluntary reasons other than retirement.

In addition, 5,770 full-time positions, or 17.7% of the total authorized positions in state government outside of the UW System, were vacant as of June last year.

2 Madison-area companies get federal money to help curb climate change through fusion energy

Wisconsin State Journal

Realta Fusion, a fusion energy startup founded in the fall of 2022, received $12 million from the federal government and other organizations to design a magnetic bottle device that could help reduce the reliance industries that make common materials like plastic have on fossil fuels, Realta said.

That company was spun out of a two-year project at UW-Madison led by physics professor Cary Forest, who is Realta’s co-founder and chief scientific officer. The money for that project — $10 million — came from the U.S. Department of Energy’s Advanced Research Project’s Agency-Energy, or ARPA-E program.

As Wisconsin continues to lose dairy farms, a national dairy group hopes to make milk more profitable

Wisconsin Public Radio

Quoted: “A lot of things obviously have changed in 15 years, including a lot of cost increases particularly for things like labor and for utilities,” said Chuck Nicholson, an ag economist at the University of Wisconsin-Madison. “So it has become harder and harder to use that old value to accurately represent what it takes to transform a pound of farm milk into a certain amount of cheese.”

Changes to federal financial aid formula would make college more costly for some Wisconsin farm families

Milwaukee Journal Sentinel

Emma Vos spent much of her childhood feeding calves and milking cows on her family’s 120-herd dairy farm. Now, she’s a sophomore at the University of Wisconsin-Madison studying agriculture business management with plans to run the family farm in Maribel, just south of Green Bay, after graduation.

As working parents, Madison couple created Pound of Ground to solve ‘what’s for dinner’ problem

Milwaukee Journal Sentinel

Noted: As the test batches for their ultimate quick meal starter grew and they got more serious, they worked out of the USDA-inspected meat processing facility at the University of Wisconsin–Madison Meat Science and Animal Biologics Discovery building. Initially, the Meyers tested the market in Madison and Milwaukee. Last year, JBS bought the brand and product name, allowing the Meyers to grow to national distribution.

Tom Still: New hub for ‘responsible’ innovation tests science, technology

Wisconsin State Journal

Exploring the boundaries and limits of innovation in an age when breakthroughs are happening at a startling pace is among the goals of the Responsible Innovation Hub, a new center within the Wisconsin Institute for Discovery on the UW-Madison campus. It’s an effort to examine how different disciplines — scientific, technical and business — can better work together for society.

The politics and economics of the debt limit standoff

Wisconsin Public Radio

U.S. Treasury Secretary Janet Yellen warned lawmakers earlier this month that the federal government could default on its debt by June 1st. We examine the political options available for Republicans and Democrats, as well as the potential economic consequences of failing to increase the debt limit. Interview with Mark Copelovitch, a professor of political science and public affairs at the University of Wisconsin-Madison.

Weather station expansion seeks to aid Wisconsin farmers

Wisconsin Public Radio

Noted: Thanks to more than $3 million in grant funding, the University of Wisconsin-Madison now plans to establish 90 sites to monitor weather and soil conditions throughout the state by fall of 2026. The state currently has 14 weather stations.

Chris Kucharik, a UW-Madison agronomy professor, is overseeing the university’s effort to build the new network. He recently joined Wisconsin Public Radio’s “The Morning Show” to discuss how more weather and soil reports could be used and how researchers will decide where to build the new stations.

Survey: Value of Wisconsin farmland continues to climb in 2023

Wisconsin Public Radio

A report from the University of Wisconsin-Madison’s Division of Extension found the average price of agricultural land sold in the state last year was $5,551 per acre. That’s 11 percent higher than in 2021 and nearly 24 percent higher than in 2020.

Heather Schlesser, the Extension agriculture educator who prepared the report, said the sustained increases trace back to the cash farmers received from federal COVID-19 assistance programs. She said at the same time, many farmers decided it was the right time to sell land.

“It’s all about give and take, supply and demand,” she said. “There’s not a lot of ag land out there. So if there’s more money out there and there’s less land, the farmers that are selling are going to want more for it. So I think that started driving it.”

Report: Child care in Wisconsin can be more expensive than attending college

Spectrum News

Noted: Data from the Department of Children and Families’ 2022 Child Care Market Rate Survey showed that in Milwaukee County, the average annual child care cost for a 4-year-old is $12,142; for an infant, it’s $16,236.

Comparably, the annual tuition cost at the University of Wisconsin-Madison from 2022 to 2023 was $9,273.

Buildings continue to rise in Milwaukee while its finances dry up. What explains a tale of 2 cities?

Milwaukee Journal Sentinel

The potential Milwaukee and Milwaukee County sales taxes that could be implemented under the Assembly bill would not be without consequences, said Andrew Reschovsky, professor emeritus of public affairs and applied economics at the University of Wisconsin-Madison.

“You don’t pay attention if you have plenty of money,” he said of the increased prices that come with a sales tax. “But if you’re having trouble getting through the month, those extra pennies can make a big difference.”

A better whey? Researcher wants to convert cheese byproduct into eco-friendly plastic

Wisconsin Public Radio

John Lucey, director of the University of Wisconsin-Madison’s Center for Dairy Research, wants to turn whey into the chemicals used to make plastics, adhesives and other consumer products that are currently being derived from petroleum. Just like our reliance on oil and gas, Lucey said the chemical building blocks made in oil refineries are holding us back from a greener future.

“We’ve got to replace those too unless we want to keep using fossil fuels,” he said. “These basic chemistry kinds of things, the stuff you would have learned in organic chemistry like butanol — we want to make those kinds of compounds because they can feed into the existing industry.”

Four things to know about some of the most overlooked educators in Wisconsin: child care workers

Appleton Post-Crescent

Family child care providers make an average of $7.46 an hour, while center-based teachers make an average of $12.99. Both make less than the average Wisconsinite with a high school diploma, according to research by Alejandra Ros Pilarz, an assistant professor at the Sandra Rosenbaum School of Social Work at the University of Wisconsin-Madison.

She found poor wages and lack of career advancement opportunities are top reasons why 18% of family child care providers and 28% of ECE teachers plan to leave the field within a few years.

State lawmakers proposed solutions to the state’s housing crisis. Here’s what to know

Milwaukee Journal Sentinel

These changes would cut back on delays and roadblocks that drive up prices, said Kurt Paulsen, professor of urban planning at the University of Wisconsin-Madison.

“Housing dies a death of a thousand cuts because every change, every delay, just adds costs,” Paulsen said.

Wisconsin has seen several hospital mergers in the last year. How could they affect patients?

Wisconsin Public Radio

Ashley Swanson, associate professor of economics at the University of Wisconsin-Madison, said hospital mergers — on average — increase prices, while having a negligible effect on patient care.

“It seems like they primarily increase prices when the merging hospitals are located close to one another,” she said. “But there is some relatively new evidence suggesting that cross-market mergers can sometimes increase prices as well.”

Wisconsin ‘prime working age’ labor force participation among best in the nation

Wisconsin Public Radio

The rate at which Wisconsin’s “prime working age” adults are either working or looking for work is among the best in the country, according to a recent report from the University of Wisconsin-Extension.

“It speaks a lot to our work ethic,” said Matt Kures, the report’s author and a community economic development specialist for UW-Extension. “Traditionally, we have had high participation rates and I think that’s just kind of ingrained in us.”

According to the Economic Policy Institute, the average cost of infant care in Wisconsin is $12,567 annually, or $1,047 per month. Laura Dresser, associate director of the COWS economic think tank at UW-Madison, said women in the workforce feel the effects of that most.

Moms tend to carry the burden of care disproportionately in families,” she said. “The years before the kid goes to school … are really expensive years to work.

This Green Bay business wants to help commercialize an innovative way to recycle plastic

Green Bay Press-Gazette

Noted: Green Bay is poised to become the home of the first commercial STRAP plant, which would take these kinds of plastics and make them into materials that can be used again.

This is done through a process called STRAP — which stands for solvent-targeted recovery and precipitation — developed from early work done by undergraduate students at the University of Wisconsin-Madison.

Now, George Huber, a professor in chemical and biological engineering at UW-Madison, is leading a team at the Center for Chemical Upcycling of Waste Plastics, or CUWP, working to take STRAP from the lab to a commercial setting.

The center is funded by a $10 million grant from the U.S. Department of Energy and is made up of people from UW-Madison and five other universities, a national laboratory and more than 20 industrial partners.