RANDALL D. LITTLE - Agricultural Economics
RANDALL D. LITTLEDepartment of Agricultural EconomicsP.O. Box 5187Mississippi State, MS 39762(662) 325-2884 - Office (662) 325-8777 - FaxE-mail: little@agecon.msstate.edu (662) 324-7798 - HomeEMPLOYMENT HISTORYProfessor (52% research, 48% teaching)July 2002 to presentDepartment of Agricultural Economics, Mississippi State UniversitySpecialty Areas:Production Economics; Livestock Production andMarketing; Agricultural Finance.Courses Taught:Farm Financial ManagementIntroduction to Agricultural EconomicsAssociate Professor (52% research, 48% teaching)July 1995 to June 2002Department of Agricultural Economics, Mississippi State UniversitySpecialty Areas:Production Economics; Livestock Production andMarketing; Agricultural Finance.Courses Taught:Agricultural Production Economic TheoryFarm Financial ManagementIntroduction to Agricultural EconomicsAgricultural FinanceVeterinary EconomicsSpecial TopicsCourses:Managing Goal AchievementIssues in Ag. LendingAssistant Professor (80% research, 20% teaching)August 1990 to June 1995Department of Agricultural Economics, Mississippi State UniversitySpecialty Areas: Agricultural Finance; Production economics; LivestockProduction and Marketing.Courses Taught:Agricultural Production Economic TheoryAgricultural FinanceGraduate Research AssistantAugust 1986 to August 1990Department of Agricultural Economics, Oklahoma State UniversityConducted livestock-related research.Research AssistantDecember 1984 to July 1986Department of Agricultural Economics, North Dakota State UniversityConducted livestock-related research.Graduate Teaching AssistantJanuary 1984 to May 1984Department of Agricultural Economics, University of IllinoisAssisted with Farm Management and Agricultural Statistics.Graduate Research AssistantNovember 1982 to December 1983Department of Agricultural Economics, University of Illinois
R.D. Little – Publication List2Estimated potential effects of replacing farm and residential property taxeswith an increased state income tax in Illinois.Bank TellerMay 1981 to August 1981First National Bank of Socorro, Socorro, NMReconciled tellers' statements, balanced vault cashLivestock and Crop ManagementFebruary 1975 to August 1982Independent Farming, Socorro, NMFarrow-to-finish hog operation, cow-calf operation, forage production.EDUCATIONDoctor of Philosophy in Agricultural EconomicsDecember 1990Oklahoma State University, Stillwater, OKMajor Professor: Dr. Odell L. WalkerDissertation: "Economic Analysis of Alternative Cattle Breeding Systems withRetained Ownership Through The Stocker and Feeder Phases"Specialty Areas:Production Economics, Farm Management, RiskManagement.GPA: 3.74, 79 Hours (A 4.0)Master of Science in Agricultural EconomicsMay 1985University of Illinois, Urbana, ILMajor Professor: Dr. Lyle P. FettigThesis: "Replacing the Farm and Residential Property Tax with an IncreasedState Income Tax: A Simulation Analysis"GPA: 4.208, 8 Units (A 5.0)Bachelor of Science in Agribusiness ManagementMay 1982New Mexico State University, Las Cruces, NMAdvisor: Dr. Martin BlakeGPA: 3.142, 146 Hours (A 4.0)PROFESSIONAL DEVELOPMENTCompleted training for FINPACK, a comprehensive whole farm financial planningand analysis systemParticipated in “Class 8" of the ESCOP/ACOP “Preparing for Leadership in theAgricultural Research and Higher Education System” Training Program,1998-1999Completed Facilitator Training for Goal Coach, a goal setting and achievementprogramCompleted the Facilitator Training Seminar, Managing Goal Achievement, taught byIntegrity SystemsContinuing Education - Courses taken include:Real Estate AppraisalConversational SpanishParticipated in teaching improvement seminars and workshops
R.D. Little – Publication List3ACADEMIC SERVICECurrent:Major Professor for 1 M.S. studentMember of academic advisory committee for 2 Ph.D. studentsAcademic advisor for 16 undergraduate studentsGraduate Students Completed:2 Ph.D.3 M.S.10 M.A.B.M.1Academic advisor for the Agricultural Economics Club, 1991 to 1998.Academic advisor for the Alpha Gamma Rho fraternity, 1992 to present.Academic advisor for the Pakistani Student Organization, 1993 to 1997.Superintendent, Mississippi FFA Farm Business Management EventCommittee Service (selected):Department of Agricultural EconomicsAcademic Program and Policy CommitteeTenure and Promotion CommitteeStaff and Faculty Awards Committee (Chair)Graduate Examining CommitteeStudent Activities CommitteeDepartment Publications CommitteeNumerous ad hoc committeesCollege of Agriculture and Life SciencesCommittee for Excellence in Teaching (Chair 1997-98)Scholarship CommitteeCALS Committee on Courses and CurriculaDivision of Agriculture, Forestry, and Veterinary MedicineFinancial Management Priority Planning Group (Co-Chair)Integrated Resource Management (IRM) Planning CommitteeMississippi State UniversityCommittee on Courses and CurriculaUniversity Instructional Improvement CommitteeOther:Member, Board of Directors, Southern Agricultural Economics Association,2003 to presentRobert Holland Faculty Senate, Mississippi State University, 2002 to presentMember, Mississippi AgrAbility Advisory Committee, 2001 to present1M.A.B.M. denotes Masters of Agribusiness Management
R.D. Little – Publication List4Conducted group dynamics workshops, using the "Acid River Game," at the1995 Adventures in Engineering Program, University of Alabama Huntsville, July 31, 1995, and at the 1994 Junior Beef LeadershipConference, Mississippi Junior Cattlemen's Association, June 27,1994.GRANTSMANSHIP“FINPACK: A Computerized Farm Financial Planning and AnalysisSystem”Funding Source: Schillig Teaching Project Program, MississippiState UniversityAmount funded: 1,400.00“A Program in Agricultural Credit”Principal Investigators: Joy Odom and Randall D. LittleFunding Source: USDA - Foreign Agriculture ServiceAmount funded: 19,033“The Role of the Livestock Marketing Cooperative in Southeast CattleProduction.”Principal Investigators: Randall D. Little and Charlie S. Forrest.Cooperating Investigators: Gary B. Jackson, Michael E. Boyd, W.Blair McKinley, Allen R. Williams, Terry J. Engelken, andFred D. LehmanFunding Source: USDA - Rural Business Cooperative ServiceAmount funded: 52,222.00“Cattle Producer Attitudes Toward Alternative Production and MarketingPractices.”Principal Investigators: Randall D. Little and Charlie S. Forrest.Cooperating Investigators: Gary B. Jackson, Michael E. Boyd, W.Blair McKinley, Allen R. Williams, Terry J. Engelken, andFred D. LehmanFunding Source: William M. White Special Project Award Program,Division of Agriculture, Forestry, and Veterinary Medicine,Mississippi State UniversityAmount funded: 2,500.00“Reduction of Swine Farm Odors and Total Waste Volume throughModification of Swine Dunging Behavior”Principal Investigator: Wayne FrankCooperating Investigators: T. Burcham, T. Cathcart, R. Little, M.CrenshawSpecial Research Initiative, MAFES"Economic and Environmental Sustainability of Forage Production UtilizingSwine Lagoon Effluent"Principal Investigator:Jac J. Varco
R.D. Little – Publication List5Cooperating Investigators: T.N. Burcham, J. Tomlinson, F. Whisler,and R.D. LittleFunding Source: Animal Waste Management Initiative,Environmental Quality/Water Quality Research Program,Mississippi Agricultural and Forestry Experiment StationAmount funded: 163,178"Reduction in P-Based Land Requirements by Incorporating DephytinizedCorn in Swine Diets"Principal Investigator:Howard W. MillerCooperating Investigators: T.N. Burcham, R.D. Little, J. Pote, andT.G. AlthenFunding Source: Animal Waste Management Initiative,Environmental Quality/Water Quality Research Program,Mississippi Agricultural and Forestry Experiment StationAmount funded: 96,900PROFESSIONAL ACTIVITIESAmerican Agricultural Economics AssociationSouthern Agricultural Economics AssociationWestern Agricultural Economics AssociationAcademy of Economics and FinanceSouthwestern Economics AssociationMississippi Agricultural Economics AssociationMississippi Cattlemen's AssociationMississippi Forage and Grassland CouncilGamma Sigma Delta (Honor Society of Agriculture)Alpha Zeta FraternityAlpha Gamma Rho FraternityChapter Advisor, Beta Tau Chapter, 1992 to presentSecretary, Beta Tau Chapter Alumni Corporation, 1992 to 1998HONORS AND AWARDS2001 Grand President’s Award, Alpha Gamma RhoMarquis Who’s Who In America, 20001999 “Professor of Distinction,” Mortar Board, Inc., Mississippi State University1995 National Association of College Teachers of Agriculture (NACTA) TeachingAward of MeritTravel Grant to attend and participate in the 1995 Teaching Workshop, “Connectingwith Students,” conducted by the American Agricultural EconomicsAssociation1982 Outstanding Senior, Alpha Lambda Chapter, Alpha Gamma RhoWho's Who Among Students in American Universities and Colleges, 1982George and Thelma Godfrey Scholarship, Fall 1981, Spring 1982
R.D. Little – Publication List6Malcolm McGregor Scholarship, Fall 1981High GPA Scholarship, Alpha Lambda Chapter, Alpha Gamma Rho, Fall 1979,Spring 1980FFA State Farmer Degree, 1978BOOKS AND BOOK CHAPTERSLittle, Randall D. (Revising author) Economics: Applications to Agriculture andAgribusiness. Fifth Edition. (With contributions from prior editions byEwell P. Roy, Floyd L. Corty, and Gene D. Sullivan.) Danville, Illinois:Interstate Publishers, Inc. In process.Little, Randall D. (Revising author) Economics: Applications to Agriculture andAgribusiness. Fourth Edition. (With contributions from prior editions byEwell P. Roy, Floyd L. Corty, and Gene D. Sullivan.) Danville, Illinois:Interstate Publishers, Inc. 1997.Refereed Journal ArticlesLittle, Randall D., R. Curt Lacy, Terry J. Engelken, Fred Lehman, and Charlie S.Forrest. “Buying Better Bulls: Comparing the Value of IncreasedProduction to the Higher Purchase Price.” Submitted to the BovinePractitioner. In review.Lusk, Jayson L., Randall Little, Allen Williams, John Anderson and BlairMcKinley. “Utilizing Ultrasound Technology to Improve LivestockMarketing Decisions.” Review of Agricultural Economics. Forthcoming.Little, Randall D., Allen Williams, R. Curt Lacy, and Charlie S. Forrest. “Cull CowManagement and Its Implications for Farm Profitability.” Journal of RangeManagement. 2002. 55:112-116.Little, Randall D., R. Curt Lacy, Terry J. Engelken, Fred D. Lehman, and CharlieS. Forrest. “Net Present Value Analysis of a Bull Purchase Decision.”Southwestern Journal of Economics. 2001. 4(2):117-130.Sureshwaran, S., L. House, G. Hanks, and R. Little. "Carolina Golden Products."Journal of Food Distribution Research. 2001. 32(2):67-74.Little, Randall D., James D. May, John D. Simmons, and Berry D. Lott.“Financial Analysis of Selected Setpoints for Broiler Houses.” 2001Journal of Farm Managers and Rural Appraisers. Pp. 3-7.
R.D. Little – Publication List7Carter, Courtney, Lisa House, and Randy Little. “Tung Oil: A Revival.” Reviewof Agricultural Economics. 1998. 20(2):666-673.Sutherland, Bart L., James H. Nelson, Andrea D. Marble, Terry J. Engelken, andRandall D. Little. "Utilization of Retained Ownership by the Cow-calfProducer." Compendium on Continuing Education for the PracticingVeterinarian. 16(11):1503-1511, November 1994.Little, R.D., O.L. Walker, D.S. Buchanan, and K.S. Lusby. "Matching CattleBreeding Systems to Markets, Resources, and Objectives." Journal of theAmerican Society of Farm Managers and Rural Appraisers. 58(1):60-66,1994.Engelken, Terry J. and Randall D. Little. "Questioning a Comparison of CalfManagement Strategies: The Authors Respond." Veterinary Medicine.89(4):306-314, April 1994.Engelken, Terry J., Fred D. Lehman, Randall D. Little, William P. Casey, and J.Thomas Brink. "Selection and Management Options for Cull Beef Cows."Veterinary Medicine. 88(11):1102-1107, November 1993.Lehman, Fred D., Terry J. Engelken, Randall D. Little, and Lawrence E. Rice."Marginal Analysis Model Comparing Beef Heifer DevelopmentStrategies." Veterinary Medicine. 88(11):1094-1101, November 1993.Little, Randall D., Terry J. Engelken, Fred D. Lehman, Charlie S. Forrest, andClyde E. Taylor. "Comparing the Profit Potential of Four Calf ManagementStrategies." Veterinary Medicine. 88(11):1087-1093, November 1993.Lehman, Fred D., Randall D. Little, Terry J. Engelken, Charlie S. Forrest, andClyde E. Taylor. "A New Tool for Integrated Resource ManagementPrograms." Compendium on Continuing Education for the PracticingVeterinarian. 15(2):315-321, 350, 1993.Little, Randall D. and Daryll E. Ray. "Importance of the Net Operating LossCarryback to Cow-Calf Producers." Journal of the American Society ofFarm Managers and Rural Appraisers. 56(1):82-87, 1992.Little, Randall D. and Lyle P. Fettig, "Replacement of Taxes on Farm andResidential Property by Increasing the State Income Tax in Illinois: ASimulation." North Central Journal of Agricultural Economics. 11:(1):83-94,1989.
R.D. Little – Publication List8Watt, David L., Randall D. Little, and Timothy A. Petry, "Retained Ownership isan Option for Cow-Calf Operations." Journal of the American Society ofFarm Managers and Rural Appraisers. 51(2):80-87, 1987.ABSTRACTS IN REFEREED JOURNALSLittle, Randall D., Jayson Lusk, John Anderson, and Allen R. Williams.“Economic Benefit of Live Animal Carcass Ultrasound Technology.”Abstract: Journal of Agricultural and Applied Economics. 33(3):620.2001.Little, Randall D., Allen R. Williams, and Jayson Lusk. “Live Animal CarcassUltrasound – Physical and Economic Considerations.” Abstract: Journalof Agricultural and Applied Economics. 33(3):634. 2001.Little, Randall D., Charlie S. Forrest, R. Curt Lacy, Terry J. Engelken, Fred D.Lehman, and Gary D. Jackson. “Beef Cattle Producer Attitudes aboutCurrent Production and Marketing Practices in Mississippi.” Abstract:Journal of Agricultural and Applied Economics. 32(2):420. 2000.Massey, Ray and Randy Little. “USDA/EPA Unified National Strategy for AFOs –Status and Implications for Southern Producers.” Abstract: Journal ofAgricultural and Applied Economics. 32(2):416. 2000.Platt, Erick P., Randall D. Little, Jac J. Varco, and Timothy N. Burcham.“Determining Optimal Swine Lagoon Effluent Usage in a Multi-periodForage Production Framework.” Abstract: Journal of Agricultural andApplied Economics. 31(2):390. 1999.Little, Randall D. and Lisa O. House. “Internship Programs Revisited.” Abstract:American Journal of Agricultural Economics. 80(5):1157-58. 1998.Little, Randall D. and Lisa O. House. “Internship Programs Revisited.” Abstract:Journal of Agricultural and Applied Economics. 30(1):243. 1998.Little, Randall D., J. David May, John D. Simmons, and Berry D. Lott.“Determining Optimal Setpoints for Broiler Houses.” Abstract: Journal ofAgricultural and Applied Economics. 30(1):236. 1998.Little, R.D., O.L. Walker, D.S. Buchanan, and K.S. Lusby. "Matching CattleBreeding Systems to Markets, Resources, and Objectives." SelectedPaper presented at the Southern Agricultural Economics Associationannual meeting, January 30-February 3, 1993, Tulsa, Oklahoma. Abstract:Journal of Agricultural and Applied Economics. 25(1):294, 1993.
R.D. Little – Publication List9Walker, Odell L. and Randall D. Little. "An Analysis of Vertical IntegrationPotentials in Live Beef Production." Selected Paper presented at theAmerican Agricultural Economics Association annual meeting, August 912, 1992, Baltimore, Maryland. Abstract: American Journal of AgriculturalEconomics. 74(5):1292, 1992.Little, Randall D. and Daryll E. Ray. "An Evaluation of the Importance of the NetOperating Loss Carryback to Oklahoma Cow-Calf Producers." SelectedPaper presented at the Southern Agricultural Economics AssociationAnnual Meetings, February 4-7, 1990, Little Rock, Arkansas. Abstract:Southern Journal of Agricultural Economics. 22(1):217, 1990.ORGANIZED SYMPOSIARandall Little (Moderator) and Darren Hudon. “Undergraduate Curricula inAgricultural Economics: Why Do We Do What We Do?” OrganizedSymposium. Southern Agricultural Economics Association AnnualMeetings. February 2-5, 2003, Mobile, Alabama.Randall Little (Moderator), Jayson Lusk, and Allen Williams. “Live AnimalCarcass Ultrasound – Physical and Economics Considerations.”Organized Symposium. Southern Agricultural Economics AssociationAnnual Meetings. January 27-31, 2001, Fort Worth, Texas.Little, Randall D. and Albert J. Allen. “Internship, Mentorship, and Placement ofAgribusiness Graduates.” Presented in the Organized Symposium,“Industry-Government-University Partnerships for DevelopingAgribusiness Education at Selected 1890 Land-Grant Institutions.”Organizer: Surendra Singh. American Agricultural EconomicsAssociation Annual Meetings. July 30-August 2, 2000, Tampa, Florida.Massey, Ray and Randy Little. “USDA/EPA Unified National Strategy for AFOs –Status and Implications for Southern Producers.” Organized Symposium.Southern Agricultural Economics Association Annual Meetings. January30-February 2, 2000, Lexington, Kentucky.Little, Randall D. and Charlie S. Forrest. “Role of Livestock Marketing Coops inSoutheast Cattle Production.” Presented in the Organized Symposium,“Problems and Opportunities for Cooperatives in the Face of AgribusinessConsolidation,” Organizer: Thomas Stafford. American AgriculturalEconomics Association Annual Meetings, August 8-11, 1999, Nashville,Tennessee.
R.D. Little – Publication List10Little, Randall D. (Moderator) and Lisa O. House. “Internship ProgramsRevisited.” Organized Symposium. American Agricultural EconomicsAssociation Annual Meetings. August 2-5, 1998, Salt Lake City, Utah.Little, Randall D. (Moderator) and Lisa O. House. “Internship ProgramsRevisited.” Organized Symposium. Southern Agricultural EconomicsAssociation Annual Meetings. January 31-February 4, 1998, Little Rock,Arkansas.Little, Randall D. (Moderator) and David B. Schweikhardt. “InterdisciplinaryResearch: Promoting Cooperation with Other Disciplines.” OrganizedSymposium. Southern Agricultural Economics Association AnnualMeetings. February 4-7, 1996, Greensboro, North Carolina.PROCEEDINGSLacy, R.C., W.A. Frank, and R.D. Little. “Composting Swine Manure: ATechnical and Economic Analysis.” Livestock Environment VI –Proceedings of the Sixth International Symposium. Richard R. Stowell,Ray Bucklin, and Robert W. Bottcher, Editors. 2001. Pp. 758-763.Sureshwaran, S., L. House, G. Hanks, and R. Little. "Carolina Golden Products."Proceedings of the 2nd Annual Maple Leaf Conference (InternationalCase Study Conference), Chicago, IL, 2000.Little, Randall D., Charlie S. Forrest, and R. Curt Lacy. “Cattle ProducerAttitudes Towards Alternative Production and Marketing Practices.”Papers and Proceedings - 27th Annual Meeting of the Academy ofEconomics and Finance. William Gissy, Editor. 24:1-9. 2000.Lacy, R. Curt, Ken J. Stadler, Randall D. Little, and Albert J. Allen. “Net PresentValue Analysis of Replacement Female Purchasing Decisions inSegregated Early Weaning Pork Production Systems.” Papers andProceedings - 27th Annual Meeting of the Academy of Economics andFinance. William Gissy, Editor. 24:247-253. 2000.Engelken, Terry K. and Randall D. Little. “The Impact of Animal Health onStocker Calf Breakevens.” Proceedings of the North American VeterinaryConference, Large Animal Edition. 14:40-41, 2000.Karriker, Locke A. and Randall D. Little. “A Partial Budget Evaluation of GiltSelection and Development in a Commercial Swine Herd.” Papers andProceedings - 26th Annual Meeting of the Academy of Economics andFinance. Joachim Zietz, Editor. 26:179-185, 1999.
R.D. Little – Publication List11Platt, Erick P., Randall D. Little, Jac J. Varco, and Timothy N. Burcham. “AnEconomic Analysis of Forage Production Using Swine Waste Effluent.”Papers and Proceedings - 25th Annual Meeting of the Academy ofEconomics and Finance. Richard J. Cebula, Editor. 25:285-291, 1998.Guidry, Kurt, Alvin Schupp, and Randy Little. "Minimizing Cattlemen's MarketingCosts in Louisiana and Mississippi." Proceedings of the Annual Meeting ofthe Southwestern Society of Economis
Marketing; Agricultural Finance. Courses Taught: Farm Financial Management Introduction to Agricultural Economics Associate Professor (52% research, 48% teaching) July 1995 to June 2002 Department of Agricultural Economics, Mississippi State University Specialty Areas: Production Economics; Livestock Production and
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