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Ohio Ag Manager

Jun
15

2014 Farm Bill Sign-up is NOT Finished Yet!

By: Chris Bruynis, Assistant Professor and Extension Educator, Ross County Many farmers are under the belief that they have completed all the necessary steps needed to complete the sign-up for the 2014 farm bill programs.  They made the yield update and base acre reallocation decisions and then they made the ARC/PLC decision for each farm.  So what decision is left to make?  Just as it has been in previous years, farmers still need to enroll in the farm bill program.  The enrollment window has been announced and will begin June 17, 2015, and will end Sept. 30, 2015. The concern is if farmers do not know they have one more paper to sign at FSA they will lose out on any potential benefits, especially since this enrollment period will include both 2014 and 2015.  If farmers do not enroll their farms, then all the previous decisions on reallocations, updates, and program choice were all for nothing.  Also if landowners or farme...
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Jun
12

Western Ohio Cropland Values and Cash Rents 2014-15

By: Barry Ward, Leader, Production Business Management, Department of Agricultural, Environmental and Development Economics (AEDE) Ohio cropland varies significantly in its production capabilities and cropland values and cash rents vary widely throughout the state. Generally speaking, western Ohio cropland values and cash rents differ from much of southern and eastern Ohio cropland values and cash rents. This is due to a number of factors including land productivity and potential crop return, the variability of those crop returns, field size and shape, drainage, population density, ease of access, market access, local market prices, potential for wildlife damage, field perimeter characteristics and competition for rented cropland in a region. Western Ohio cropland values and cash rental rates are projected to decrease in 2015 due in large part to continued low to negative profit margin prospects for Ohio’s three major row crops...
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Jun
08

Ohio Corn and Soybean Enterprise Budgets Project Slightly Lower Costs But Low to Negative Returns

By:  Barry Ward, Leader, Production Business Management, Department of Agricultural, Environmental, and Development Economics Production costs for Ohio field crops may be flat to slightly lower in 2015 but the profit picture looks poor, much the same as it did 2014. Variable costs for trend line Ohio corn and soybean production for 2015 will be slightly lower than 2014. Variable costs for corn (163 bushels per acre) for 2015 are projected to be $412 per acre. Variable costs for 2015 Ohio soybeans (48 bushels per acre) are projected to be $210 per acre. Lower energy and crop insurance costs and zero to slight increases for many other inputs have led to the slightly lower production cost projections for Ohio’s two major commodity crops. With continued lower crop prices expected for 2015 returns will likely be low to negative for many producers. Projected returns above variable costs (contribution margin) range from $138 to $272 ...
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May
22

Economic Impact of Avian Influenza

By: Sam Custer, OSU Extension Educator, Darke County Since December 2014, the USDA has confirmed several cases of highly pathogenic avian influenza (HPAI) H5 in the Pacific, Central, and Mississippi flyways (or migratory bird paths). The disease has been found in wild birds, as well as in a few backyard and commercial poultry flocks. The Centers for Disease Control and Prevention (CDC) considers the risk to people from these HPAI H5 infections to be low. No human cases of these HPAI H5 viruses have been detected in the United States, Canada, or internationally. 168 Influenza findings have been reported since December, a majority of which have been turkeys and most recently layers.  The HPAI H5N2 virus strain has been confirmed in several states along three of the four North American Flyways: Pacific, Central and Mississippi. The latest findings can be found at http://go.osu.edu/AIupdate. The novel H5N2 virus is not the same vi...
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May
22

Study Points to Succession Planning Communication Barriers

By: Chris Zoller, Extension Educator, ANR

Over the years I have met with many farm families in barns, fields and around kitchen tables to discuss succession planning and all that it involves.  These can sometimes be very stressful, difficult and emotional visits.  Some families put off these discussions because the topic is one that many don’t like to consider.  However, planning and preparation will be beneficial to all family members involved in the farm business.

Faculty at Penn State University, California State University and Old Dominion University published in the Journal of Extension  the findings of a study they conducted of Pennsylvania farm families on the topic of farm succession planning.  Below is a summary of the research findings.

Introduction: In addition to growing...
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May
20

Large Dairy Relocations – Water Dominates the Decision

By Christopher Wolf (Michigan State), Marin Bozic (U. Minnesota), Mark Stephenson (U. Wisconsin) and Katie Behnke (Blimling and Associates) With dramatic drought headlines dominating western headlines, farmers in water-reliant sectors such as dairy may be reconsidering their location decisions.   In late 2013 a team of researchers surveyed more than 100 large-scale dairy producers from throughout the country and asked them about the factors most important to them for locating modern dairy operations.  Perhaps not surprisingly, the top tier of factors all revolve around water.  These include the availability of local forages, the cost of feed and the availability of water.  In their recent article in the magazine Choices, the researchers go on to discuss all the factors that these large-scale dairy producers consider important in location decisions and put dairy relocation factors and trends into perspective.  The read the artic...
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May
11

AEDE Faculty at OSU: Three Goodbyes and One Hello

In 1980 Doug Southgate, Cam Thraen and Carl Zulauf each started academic careers as Assistant Professors in OSU’s Department of Agricultural Economics and Rural Sociology.  Thirty-five years later, each is retiring from OSU’s Department of Agricultural, Environmental and Development Economics (AEDE), leaving remarkable individual legacies in teaching, research and public engagement.  Readers of this website (and previous off-line versions) will be no stranger to the work of Cam Thraen and Carl Zulauf, who are both frequent contributors to this forum, while former students of OSU and other institutions of higher education may have relied upon one or more of Doug Southgate’s books in the classroom. The co-author of six books, Dr. Doug Southgate has influenced many students through his contributions to classroom favorites including the The World Food Economy and Agricultural Economics and Agribusiness, while engaging more genera...
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Apr
28

Lower Crop Prices and Changes to Formula Point to Lower CAUV Values in the Future

  By Larry R. Gearhardt, Assistant Professor and Field Specialist, Taxation   Owners of Agricultural land enrolled in the Current Agricultural Use Valuation (CAUV) property tax program in the twenty-four counties that are experiencing a reappraisal or triennial update in 2015 (payable in 2016) will see the highest CAUV values in history, based on preliminary numbers from the Ohio Department of Taxation. Similar to prior years, increases in values will be in the vicinity of 100% to 200%. However, lower crop prices and changes made to the CAUV formula by the Ohio Department of Taxation point to lower CAUV values in the future. WHAT IS CAUV? In 1972, Ohio voters approved a constitutional amendment that allowed qualified agricultural land to be valued at its current agricultural use value for real property tax purposes rather than fair market value.  The home, home site and outbuildings are still valued at fair market valu...
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Apr
27

Lower crop prices and changes to formula point to lower CAUV values in the future

By Larry R. Gearhardt, Assistant Professor and Field Specialist, Taxation

This post is a reprint of a post by gearhardt.5 that originally appeared at Recent Blog Posts.
Apr
09

States With the Highest Property Taxes

(This information was taken from an article by Michael Cohn, Washington DC, appearing in Accounting Today News on April 8, 2015)

The consumer finance site WalletHub has released a new report ranking the states with the highest and lowest real estate and vehicle property taxes across the country.

This post is a reprint of a post by gearhardt.5 that originally appeared at Recent Blog Posts.
Mar
31

Algae Control Bill Awaits Governor’s Approval

Ohio’s Senate and House of Representatives have agreed upon a final bill intended to control algae production in Lake Erie and its western basin.  Senate Bill 1, as amended by the House, passed both chambers on March 25 and now awaits Governor Kasich’s signature. 

This post is a reprint of a post by hall.673 that originally appeared at Recent Blog Posts.
Mar
27

USDA Extends ARC and PLC Deadlines until April 7, 2015

    Farmers Have Until April 7 to Update Yields, Reallocate Base Acres, and Make Final Selections   WASHINGTON, March 27, 2015 – Agriculture Secretary Tom Vilsack today provided farm owners and producers one additional week, until April 7, 2015, to choose between Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC), the safety-net programs established by the 2014 Farm Bill. The final day to update yield history or reallocate base acres also will be April 7, 2015. "This is an important decision for producers because these programs help farmers and ranchers protect their operations from unexpected changes in the marketplace," said Vilsack. "Nearly 98 percent of owners have already updated their yield and base acres, and 90 percent of producers have enrolled in ARC or PLC. These numbers are strong, and continue to rise. This additional ...
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Mar
12

Comparing Ohio’s Proposed Algae Control Legislation

Senate and House bills on algae control differ

On March 10, the Ohio House of Representatives passed H.B. 61, a proposal to address Ohio’s toxic algae issues.   Last month, the Ohio Senate approved a bill on the same issue, but with several points of difference.  The two must now reconcile these differences and agree upon a plan for reducing the occurrence of toxic algae in Lake Erie, which they have stated they will soon accomplish.  The House already began its hearings on the Senate bill on March 11.

This post is a reprint of a post by hall.673 that originally appeared at Recent Blog Posts.
Feb
27

USDA Provides One-Time Extension of Deadline to Update Base Acres or Yield History for ARC/PLC Programs

Farmers Now Have Until March 31 to Update Yields and Reallocate Base Acres; Deadline for Choosing Between ARC and PLC also Remains March 31WASHINGTON, Feb. 27, 2015 — Agriculture Secretary Tom Vilsack announced today that a one-time extension will be provided to producers for the new safety-net programs established by the 2014 Farm Bill, known as Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC). The final day to update yield history or reallocate base acres has been extended one additional month, from Feb. 27, 2015 until March 31, 2015. The final day for farm owners and producers to choose ARC or PLC coverage also remains March 31, 2015. "This is an important decision for producers, because these programs provide financial protection against unexpected changes in the marketplace. Producers are working to make the best decision they can. And we're working to ensure that they've got the time, the information, and t...
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Feb
27

Want Kids’ Test Scores to Improve? Try 4-H

When 4-H’ers across the county pledge their ‘heads to clearer thinking,’ they may not realize that recent research suggests this venerable yet adaptive youth development organization may be delivering much more than mental clarity.  A study using data collected over five academic years from Florida students in grades 3 through 10 reveals that standardized test scores in math and reading are higher in school districts, grades and years that saw more 4-H participation.  The research was conducted by Alfonso Flores-Lagunes of the State University of New York – Binghamton and Troy Timko of the University of Miami conducted the research, and appears online in the American Journal of Agricultural Economics. The magnitude of the effect of 4-H participation on test scores was similar to the effects seen from reducing class size and other well-known approaches to enhancing student test scores. Analysis of the data further suggests t...
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Keith L. Smith, Ph.D., Associate Vice President for Agricultural Administration and Director, Ohio State University Extension TDD No. 800-589-8292 ( Ohio only) or 614-292-1868