Dr. Brorsen’s primary area of research is price analysis with an emphasis on measuring the efficiency of markets and suggesting ways to increase the efficiency of markets, particularly futures and options markets. His diverse research has produced over 140 refereed journal articles. He has also been named as the outstanding graduate teacher by both Oklahoma State University and the American Agricultural Economics Association. He has served as the editor of the Journal of Agricultural and Resource Economics and the American Journal of Agricultural Economics. While his research is largely empirical, he has also made contributions to the econometrics literature. His recent work on farmer marketing conducted jointly with Kim Anderson, consistent with the land grant mission, has provided a research base for Anderson’s extension program. The old model of extension education emphasized supplying producers with price forecasts and education on using futures markets. The new model emphasizes adjusting production plans based on market signals and managing risk in terms of the whole farm business.