Dr. John B. Penson, Jr.

Advisory Board Member


Penson holds the title of Regents Professor and Stiles Professor in the Department of Agricultural Economics at Texas A&M University. He earned his Ph.D. in Agricultural Economics from the University of Illinois, and B.S. and M.S. degrees from Southern Illinois University, where he received an Outstanding Alumnus Award.

His research efforts have focused on the relationship between the general economy and the nation’s food and fiber industry. These efforts have led to a number of national awards from the American Agricultural Economics Association in addition to the Distinguished Achievement Award in Research at the university level by Association of Former Students at Texas A&M University. In addition to numerous forums in the United States, Penson has presented the results of his research in various international forums including Canada, South Korea, Russia, Syria, Egypt, China and Japan.

Penson has also received a number of awards for his teaching efforts, including Distinguished Teaching Awards from both the American Agricultural Economics Association and Western Agricultural Economics Association. His teaching program has also been recognized by the Association of Former Students at Texas A&M University with Distinguished Achievement Awards, twice at the university level and once at the college level.

He is the author of several textbooks as well as numerous articles appearing in national and international journals. The 6th edition of the textbook “Introduction to Agricultural Economics” by Penson, Capps, Rosson and Woodward is currently used at over 60 US and foreign universities. The 7th edition is in press. Penson is the past editor of three journals. He has been a Visiting Scholar at the Federal Reserve System and a participant in the Foreign Distinguished Professor Program at Korea University, where he currently teaches an online course in agribusiness finance. He has also taught courses in macroeconomics and finance in several Central and South American countries, and currently teaches a graduate course in Guatemala. He has also taught managerial macroeconomics in the Mays Business School full time MBA program at Texas A&M University.

His consulting experience includes financial institutions and regulators as well as national and international government agencies. Recent presentations include:

  • Penson, John B., Jr., “Building Farm Financial Stress?” invited presentation to the Farm Credit Administration Board of Directors and District senior leadership, McLean Virginia, August 10, 2016.
  • Penson, John B., Jr., “Building US Farm Financial Stress?” invited presentation at 2016 Global System Risk in Food, Climate Change and Finance Conference, Korea University, Seoul South Korea, October 21, 2016.