by: Barry Ward, OSU Extension, Leader, Production Business Management, Department of Agricultural, Environmental, and Development Economics
Newly updated Forage Enterprise Budgets for 2014 have been completed and posted to the Farm Management Website of the Department of Agricultural, Environmental and Development Economics. Updated Enterprise Budgets can be viewed and downloaded from the following website:
Forage Enterprise Budget updated for 2014 include: Corn Silage; Alfalfa Hay; Alfalfa Haylage; Grass Hay.
OSU Extension Enterprise Budgets are compiled on downloadable Excel Spreadsheets that contain macros for ease of use. Users can input their own production and price levels to calculate their own numbers. These Enterprise Budgets have color coded cells that allow users to plug in numbers to easily calculate bottoms lines for different sce...
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By: Francisco A. Espinoza
In fall of 2013, Extension, through the Ag & Hort Labor Education Program, joined the Ohio Department of Health’s Agricultural Labor Camp Rules Review Committee. The Committee membership eventually had representatives from Farm Bureau, ODJFS, ODH, ABLE Legal Services, county health departments, and agricultural employers from across the state. Winter and spring Committee meetings were held, and suggested revisions were finalized by summer. The following is a summary by Nolan Stevens, J.D., Public Policy Officer for the Ohio Commission on Hispanic/Latino Affairs. To read more click here.
By: Carl Zulauf, Ohio State University, and Nick Paulson, Jonathan Coppess, Gary Schnitkey, and Todd Kuethe, University of Illinois at Urbana-Champaign
The 2014 farm bill provides the owner of a Farm Service Agency (FSA) farm with a one-time option to update the farm’s payment yield for covered crops. This article will discuss this decision. It concludes by recommending that all producers consider updating yields if updated yields are higher than current yields; however, updated yields may be surprisingly low. To read the full article Click Here
By: Sam Custer, OSU Extension Educator
Farmers interested in learning more about the 2014 Farm Bill and its impact on commodity programs can hear from industry experts during meetings scheduled for August 18, 19 and September 16 who will provide insight into the legislation and its impact on agriculture.
The 2014 Farm Bill's safety net requires farmers and landowners to elect which program design they prefer based on what they think will be most effective for their operation, particularly in conjunction with crop insurance.
OSU Extension is the outreach arm of Ohio State University’s College of Food, Agriculture, and Environmental Sciences and will be co-hosting the events in cooperation with Farm Credit Mid America, USDA Farm Service Agency and Farm Bureau.
Significant analysis is needed to compare the new programs and provide valuable information to the farm's decision makers, who will be locked into the program choic... Read More »
By: Sam Custer, Extension Educator
Do you have a concrete plan in place to transition the family farm to the next generation? OSU Extension, Darke County will offer a Farm Transition, Estate and Retirement Seminar on Wednesday, August 6 in Greenville. This event is for all generations involved with the family farm.
The purpose of the program is to offer tools and education to farm owners who are preparing to transition the farm to the next generation. Topics include trusts, gifting, protecting farm and personal assets, federal estate taxes, insurance options, retirement income and security, family communication and much more.
Speakers include Robert Moore, Attorney, Wright & Moore Law Company; Todd Durham, Second National Bank and Sam Custer, OSU Extension Educator Darke County.
Seminar check-in begins at 8:30 am with the program scheduled from 9:00 am until 3:00 pm. Cost of registration is $15 per farm family and includ... Read More »
by: Dr. Cameron S. Thraen, Associate Professor and OSUE State Dairy Markets and Policy Specialist, Department of Agricultural, Environmental and Development Economics, The Ohio State University, Thraen.email@example.com
Policy Update: Dairy Producer Margin Protection Program (DPMPP)
By now you are quite familiar with the broad outlines of the DPMPP. Participating producers will establish a base production history (bph) based on the highest annual production from the 2011, 2012 or 2013 calendar year. Once established a farm’s production base will be allowed to increase by the U.S. average production growth. There is no penalty for increasing production over this level other than the stipulation that extra production will not be eligible for the coverage under the DPMPP. Coverage rates will be 25% to 90% of the established production base.
The premiums will follow a two tier schedule. For a production base at 4 millio...
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by: Carl Zulauf, Professor, Ohio State University, June 2014
Overview: This article addresses the potential for overlap that can exist between crop insurance and the Price Loss Coverage (PLC) program option in the 2014 farm bill. To provide perspective, the historical overlap that existed between target prices and crop insurance prices from 1974 through 2006 is examined. The article ends with summary observations including implications for policy and the upcoming farm program decision by farmers. To download the pdf file click here
Policy Background: Target prices began with the 1973 farm bill. They have existed ever since except for the 1996-2001 crop years when the 1996 farm bill replaced target price payments with direct payments. PLC is the latest version of target price programs. It refers to target prices as reference prices. All target price programs have made pa... Read More »
Information presented above and where trade names are used, they are supplied with the understanding that no discrimination is intended and no endorsement by Ohio State University Extension is implied.
Ohio State University Extension embraces human diversity and is committed to ensuring that all research and related educational programs are available to clientele on a nondiscriminatory basis without regard to race, color, religion, sex, age, national origin, sexual orientation, gender identity or expression, disability, or veteran status. This statement is in accordance with United States Civil Rights Laws and the USDA.
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