{"id":7551,"date":"2024-07-15T20:45:00","date_gmt":"2024-07-16T00:45:00","guid":{"rendered":"https:\/\/new.www.purdue.edu\/newsroom\/?p=7551"},"modified":"2024-08-02T20:51:22","modified_gmt":"2024-08-03T00:51:22","slug":"trey-malone-named-as-boehlje-chair-in-managerial-economics-for-agribusiness","status":"publish","type":"post","link":"https:\/\/www.purdue.edu\/newsroom\/2024\/Q3\/trey-malone-named-as-boehlje-chair-in-managerial-economics-for-agribusiness","title":{"rendered":"Trey Malone named as Boehlje Chair in Managerial Economics for Agribusiness"},"content":{"rendered":"

WEST LAFAYETTE, Ind. —<\/p> \n

\u201cA business newspaper published an interview with me a few years ago titled, \u2018Ag economist: U.S. isn\u2019t going to run out of food soon,\u2019\u201d Trey Malone<\/a> said. \u201cIt\u2019s framed.\u201d<\/p>\n<\/div>\n\n

\n
\"Trey
Trey Malone<\/figcaption><\/figure>\n<\/div>\n\n\n

The agrifood economist explained that this story focused on his \u201cnew school approach\u201d to applied economics. Called \u201cconvergence research,\u201d his academic goal is to break down systemic topics, like the impact of the COVID-19 pandemic on the global food system<\/a>, into digestible information for various audiences.<\/p>\n\n\n\n

As the Purdue University College of Agriculture department of agricultural economics\u2019 Boehlje Chair in Managerial Economics for Agribusiness<\/a>, Malone intends to make purposeful connections with the campus community, agribusiness and agtech industries, and smaller farm operations.<\/p>\n\n\n\n

These types of operations are familiar to Malone. \u201cMy family had a ranch in Laverne, Oklahoma, but it wasn\u2019t profitable. I\u2019m most excited to come up with creative ways to increase farm profitability for smaller operations, especially for producers in middle America,\u201d he said.<\/p>\n\n\n\n

He\u2019s also driven by the desire to innovate research-based solutions for the agrifood industry. Malone\u2019s upbringing guided his interest in food systems and entrepreneurship, but Michael Boehlje<\/a> inspired him to pursue agricultural economics. He first heard Boehlje, the now-retired distinguished professor of agricultural economics at Purdue, speak to a group of rural bankers when Malone was a graduate student at Oklahoma State University nearly a decade ago.<\/p>\n\n\n\n

\u201cI was blown away at how Dr. Boehlje talked about finance strategy for world banks and the way he could break down global issues,\u201d he said. \u201cI remember leaving the conference thinking, \u2018This is what I want to do.\u2019\u201d<\/p>\n\n\n\n

Boehlje now views Malone as a pioneer in the field. \u201cI think he is a good fit for the chair as we\u2019ve defined it. He has a strong focus on all three dimensions of the land-grant mission, in teaching, research and engagement\/extension,\u201d said Boehlje, who, with his wife, Rita, committed to funding the chair in 2022.<\/p>\n\n\n\n

\u201cI am confident that Trey will make significant contributions in research, the classroom and outreach\/engagement activities of the Center for Food and Agricultural Business and the Center for Commercial Agriculture. He works very hard to see that his research results are disseminated to the appropriate audiences,\u201d Boehlje said.<\/p>\n\n\n\n

Malone is honored by the chance to carry on Boehlje\u2019s legacy. \u201cThis position is humbling. It\u2019s my dream job. Dr. Boehlje is hypertalented, and I have big shoes to fill,\u201d he said.<\/p>\n\n\n\n

Malone has garnered extensive recognition in his field, winning more than a dozen awards during his career. Last year, he was the agricultural economics fellow for sustainable food systems for the Farm Foundation. He was previously an associate professor at the University of Arkansas and an assistant professor and Extension economist at Michigan State University. He has contributed to over 60 research articles and been featured in news outlets such as The New York Times, CNN and Time magazine.<\/p>\n\n\n\n

His research focuses on entrepreneurship, public policy impacts on the agrifood supply chains and behavioral economics. As the Boehlje Chair, he wants to harness the power of Purdue\u2019s land-grant mission<\/a> and other College of Agriculture centers. \u201cThe College of Agriculture is innovative. It will give you the tools to knock down walls,\u201d Malone said. \u201cI think the college is in lockstep with Purdue\u2019s legacy of innovation.\u201d<\/p>\n\n\n\n

About Purdue University<\/h2>\n\n\n\n

Purdue University is a public research institution demonstrating excellence at scale. Ranked among top 10 public universities and with two colleges in the top four in the United States, Purdue discovers and disseminates knowledge with a quality and at a scale second to none. More than 105,000 students study at Purdue across modalities and locations, including nearly 50,000 in person on the West Lafayette campus. Committed to affordability and accessibility, Purdue\u2019s main campus has frozen tuition 13 years in a row. See how Purdue never stops in the persistent pursuit of the next giant leap \u2014 including its first comprehensive urban campus in Indianapolis, the Mitchell E. Daniels, Jr. School of Business, Purdue Computes and the One Health initiative \u2014 at https:\/\/www.purdue.edu\/president\/strategic-initiatives<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

WEST LAFAYETTE, Ind. — \u201cA business newspaper published an interview with me a few years ago titled, \u2018Ag economist: U.S. isn\u2019t going to run out of food soon,\u2019\u201d Trey Malone said. \u201cIt\u2019s framed.\u201d The agrifood economist explained that this story focused on<\/p>\n","protected":false},"author":7,"featured_media":7552,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"department":[6],"source":[29],"purdue_today_topic":[],"coauthors":[75],"class_list":["post-7551","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","department-agriculture","source-purdue-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/posts\/7551","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/comments?post=7551"}],"version-history":[{"count":3,"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/posts\/7551\/revisions"}],"predecessor-version":[{"id":7556,"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/posts\/7551\/revisions\/7556"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/media\/7552"}],"wp:attachment":[{"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/media?parent=7551"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/categories?post=7551"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/tags?post=7551"},{"taxonomy":"department","embeddable":true,"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/department?post=7551"},{"taxonomy":"source","embeddable":true,"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/source?post=7551"},{"taxonomy":"purdue_today_topic","embeddable":true,"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/purdue_today_topic?post=7551"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/coauthors?post=7551"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}