| The fifth season of our Farm Office Live webinar will kick off at the Farm Science Review next Thursday, September 19, 2024. Grab a cup of coffee and join us from 10:00 a.m. to Noon for updates from the legal and farm management experts on OSU’s Farm Office team.
Here are the topics we’ll address live from the Farm Science Review:
Featured speakers include guest Aaron Wilson, OSU’s Ag Weather and Climate Field Specialist and our entire Farm Office Team consisting of Bruce Clevenger, Peggy Hall, Jeff Lewis, David Marrison, Robert Moore, Eric Richer, Clint Schroeder and Barry Ward. Register for our Farm Office Live webinars, which will continue through next April, through this link on farmoffice.osu.edu.
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Farm Rents
Ask The Experts: Sit Down Break & Learn at Farm Science Review
By: Wm. Bruce Clevenger, OSU Extension Field Specialist, Farm Management and Josh Winters, OSU Extension Agriculture & Natural Resources Educator, Jackson County
Successful farm managers surround themselves with the best people and information. Expertise comes from study and experience. Agriculture is information driven and from year to year the questions and answers change due to production and economic forces. Who should you ask for trusted answers? Ask The Experts at Farm Science Review!
Three days of Experts have been scheduled to take center stage again this year at the 2024 Farm Science Review. This conversational dive explores hot/current topics between the moderator, Experts, and the audience. The 30-minute sessions give 15-20 minutes of information from the Experts and 5-10 minutes of Q&A with the audience. It is the best place to stop and take a sit-down break at FSR. Grab some food and enjoy. Experts include ag economists, weather scientists, Women in Ag leaders, veterinarians, ag attorneys, agronomists, animal scientists, and farm management specialists.
Topics include: weather, grain markets, pastures and livestock, today’s women farm mangers, corn mold and feed, carbon markets, farm financial conditions, saving taxes at retirement, hiring farm labor, farm accounting, artificial intelligence technology, outlook on crop inputs and farmland values.
New for 2024! Student spotlight hour from 10:00 am to 11:00 am. Youth will learn about livestock evaluation, career exploration, soil health and agronomy pest management.
Plan you day(s) at Farm Science Review at:
2024 Ask The Expert Schedule
| Date | Time | Speaker | Topic |
| 9/17/2024 | 10:00 | Garth Ruff | Student Spotlight: Livestock Evaluation |
| 10:30 | Lyda Garcia, PhD | Student Spotlight: Carcass Evaluation | |
| 11:00 | Seungki Lee, PhD & Barry Ward | Farm Margins: Prospects and Coping Strategies for Lean Times Ahead | |
| 12:00 | Aaron Wilson, PhD | Cultivating Resilience: Are You Prepared for Extreme Weather? | |
| 12:30 | Mike Estadt | Carbon Markets, Sustainable Aviation Fuel, Climate Smart Ag….Oh My! Similarities, Differences, Should I Care? | |
| 1:00 | Seungki Lee, PhD | Grain Market Outlook: Insights from a Cloudy Crystal Ball | |
| 1:30 | Robert Moore, JD | Saving Taxes at Retirement | |
| 2:00 | Ani Katchova, PhD | How are Ohio Farms Doing Financially? | |
| 2:30 | Kane Lewis & Bruce Clevenger | Quicken vs. QuickBooks for Farm Accounting | |
| 9/18/2024 | 10:00 | Luciana da Costa, DVM | Student Spotlight: Animal Care/Veterinary Careers |
| 10:30 | Tim McDermott, DVM | Student Spotlight: Have You Considered a Career in Extension | |
| 11:00 | Aaron Wilson, PhD | Cultivating Resilience: Are You Prepared for Extreme Weather? | |
| 11:30 | Jeff Lewis, JD | Farm Labor: Am I Hiring an Employee or an Independent Contractor? | |
| 12:00 | Chris Dean | Will Artificial Intelligence mean Smarter Farming? Innovative Applications in Agriculture | |
| 12:30 | Barry Ward | Outlook on Inputs & Farmland: A View From The Farm Gate | |
| 1:00 | Seungki Lee, PhD | Grain Market Outlook: Insights from a Cloudy Crystal Ball | |
| 1:30 | Amanda Bennett | Fertilizer Prices in 2024: Comparisons Across Ohio | |
| 2:00 | Christine Gelley | Pastures for Profit | |
| 2:30 | Brady Campbell, PhD | I Want Sheep or Goats, Will I Be The One Fainting? | |
| 9/19/2024 | 10:00 | Sarah Noggle & Rachel Cochran | Student Spotlight: Soil Health is for the Worms! |
| 10:30 | Stephanie Karhoff, PhD & Amanda Douridas | Student Spotlight: Who-dunn-it? Diagnosing Field Crop Issues | |
| 11:00 | Aaron Wilson, PhD | Cultivating Resilience: Are You Prepared for Extreme Weather? | |
| 11:30 | Robert Moore, JD | Saving Taxes at Retirement | |
| 12:00 | Chris Bruynis, PhD | Farming Full-Time Without Adding Acres | |
| 12:30 | Barry Ward | Outlook on Inputs & Farmland: A View From The Farm Gate | |
| 1:00 | Gigi Neal & Sarah Noggle | Today’s Women in Ag – Farm Managers & Operator/Owners | |
| 1:30 | Jason Hartschuh | Can I Avoid Corn Ear Mold with Hybrid Selection? |
Ask The Experts is located at the corner of Kottman and Friday Avenues, Exhibit Area 425, across from the Firebaugh building. Seating is available under the tent.
In addition to the Ask The Expert sessions, Review goers can explore OSU Extension Farm Management Resources in the Firebaugh building across from Ask The Expert area all-day, each day of the Review. OSU Extension Farm Management resources can also be found online at: https://farmoffice.osu.edu/
Agricultural Land Lost to Development in Ohio
By: Mujahidul Islam (PhD student), Ani Katchova (Professor and Farm Income Enhancement Chair) and Carl Zulauf (Professor Emeritus) in the Department of Agricultural, Environmental, and Development Economics (AEDE) at the Ohio State University.
Click here to access the pdf version of the report
A topic of increasing interest in Ohio, conversion of agricultural land to developed land is examined. Highlights of this report are:
- Between 2001 and 2021, agricultural land in Ohio has declined by 268,430 acres or 2.04%.
- Development accounted for 48% of the decline in agricultural land.
- Ohio’s loss of agricultural land is close to the 55% average for eight Midwest states examined by Islam, Katchova, and Zulauf (2024).
- Conversion of agricultural to developed land is concentrated in Ohio’s 14 Metropolitan Statistical Areas (MSAs). They accounted for 78% of all Ohio’s agricultural land lost to development.
- Franklin and Delaware Counties within the Columbus MSA lost the most agricultural land to development during the 21st Century: 13,170 and 9,547 acres, respectively.
- Within the City of Columbus, 19,670 agricultural acres were lost to development inside a 3-mile distance from the city boundary. The cities of Toledo and Dayton had the next highest ag-to-development loss inside the 3-mile distance: 1,976 and 1,901 acres, respectively.
Farm Office Live to be held on April 19 from 10:00 a.m. to 12:00 noon
OSU Extension and the Farm Office Team is pleased to be offering the “Farm Office Live” webinar on Friday, April 19, 2024 from 10:00 to 12:00 noonThis month’s webinar will feature the following topics:
- CAT Tax – Closing Accounts
- Taxation of Equipment Trade-ins
- 2024 Crop Input Outlook
- OSU Fertilizer Survey Q2 Release
- Dairy Margin Coverage Program
- Beginning Farmer Tax Credit Update
- Transferring Operating Assets
- Beneficial Ownership Reporting Update
- Trends in Farm Appraisals
Featured presenters will include: Jason Hartschuh (OSU Field Specialist- Dairy Management and Precision Livestock), Clint Schroeder (Program Manager – Farm Business Analysis), Robert Moore (OSU Ag and Resource Law Program), Amanda Bennett (OSU Extension Educator), Barry Ward and Jeff Lewis (OSU Income Tax School Program), and David Marrison and Eric Richer (OSU Field Specialists -Farm Management) and special guest Tim Harpster.
To register for this program (or to access replays of previous programs):
go.osu.edu/farmofficelive
Ohio Farm Numbers, Land in Farms, and Agricultural Land Lost to Development
By: Professor Ani Katchova, Farm Income Enhancement Chair and PhD students Xiaoyi Fang and Rae Ju in the Department of Agricultural, Environmental, and Development Economics (AEDE) at the Ohio State University.
Click here to access the pdf version of the report.
According to the Census of Agriculture, the number of farms in Ohio decreased from 77,797 farms in 2002 to 76,009 farms in 2022, a decrease of 2.3% over the 20-year period. Land in farms in Ohio decreased from 14,583,435 acres in 2002 to 13,652,346 acres in 2022, leading to a loss of 931,089 acres between 2002 and 2022, representing a 6.4% decrease.
According to the National Land Cover Database (NLCD) of the Multi-Resolution Land Characteristics Consortium using satellite imagery data (https://www.mrlc.gov/eva/), 355,085 acres in agricultural land (cultivated crops and pasture/hay) were lost in Ohio from 2001 to 2021. Specifically, 180,691 acres of agricultural land in Ohio was lost to development, which represents 51% of the agricultural land loss being attributed to development from 2001 to 2021.
Counties located in Metropolitan Statistical Areas (MSAs) had among the largest percentage declines in farm numbers (by about 35%) and land in farms (by about 35% to 65%) and among the highest percentages of agricultural land lost to development (above 65%) across the state of Ohio.
OSU Extension Farm Office Live to be held on Friday, March 15 from 10:00 to 12:00 noon
This month’s webinar will feature the following topics:
- 2nd Marriages and Transition Planning
- Legislative Update
- New Rule for Independent Contractors
- 2024 Crop Input Outlook
- Industry Panel on WASDE and Strategies for the 2024 Grain Marketing Plan
- Hot Topics
- Upcoming Programs
Featured presenters will include: Robert Moore and Peggy Hall (OSU Ag and Resource Law Program), Barry Ward and Jeff Lewis (OSU Income Tax School Program), and Bruce Clevenger (OSU Field Specialist -Farm Management).
To register for this program (or to access replays of previous programs):
go.osu.edu/farmofficelive
Ohio Farmland Leasing Update webinar is March 1
OSU Extension to host Eastern – Ohio Small Farm Conference – April 6, 2024 at the Mid – East Career Technical Center Buffalo Campus, Senecaville, Ohio
By: Julie Wayman, Community Development Educator -OSU Extension Ashtabula County
Ohio State Extension announced plans to host a Small Farm Conference in Senecaville, Ohio on April 6, 2024. The theme for this year’s Mid-Ohio Small Farm Conference is “Sowing Seeds for Success.”
Click here to access 2024 Small Conference Brochure
Conference session topics are geared to beginning and small farm owners as well as to farms looking to diversify their operation. There will be five different conference tracks including: Horticulture and Produce Production, Business Management, Livestock, Natural Resources and new this year The Farm Kitchen. Some conference topic highlights include: Raising Meat Rabbits, Making Goat Milk Soap, Timber Harvesting and Marketing, Basics of Growing PawPaw’s, Food Preservation Basics, Herb Vinegars, Organic Pest Management, Growing Produce with Hydroponics, Starting and Setting up a business, Solar and Wind Leasing.
Anyone interested in developing, growing or diversifying their small farm is invited to attend including market gardeners, farmers market vendors, and anyone interested in small farm living. Attendees will have the opportunity to browse a trade show featuring the newest and most innovative ideas and services for their farming operation. The conference provides an opportunity to talk with the vendors and network with others.
The Conference will take place from 8:30 a.m. – 3:30 p.m. at the Mid – East Career Technical Center – Buffalo Campus located at 57090 Vocational Road Senecaville, Ohio 43780
The registration fee for this all day conference is $100 per person. For conference and registration information call OSU Extension Morrow County 419-947-1070, or OSU Extension Knox County 740-397-0401.
Please follow this link to register for the conference: https://go.osu.edu/2024osusmallfarmconference
Ohio Crop Production and Enterprise Benchmarking for 2022
By: PhD student Xiaoyi Fang and Professor Ani Katchova, Farm Income Enhancement Chair, in the Department of Agricultural, Environmental, and Development Economics (AEDE), and Clint Schroeder, Farm Business Analysis Program Manager, Ohio State University Extension.
Click here to access the pdf version of the report
The Ohio Farm Business Analysis and Benchmarking Program, conducted by the Ohio State University Extension, offers benchmark reports for Ohio farms, summarizing farm business management, particularly in crop production. These reports provide insights on 38 key measures from crop enterprise analysis, covering income, expenses, and efficiency measures. In 2022, the program included 36 corn enterprises and 31 soybean enterprises, allowing participants to compare their performance against similar Ohio enterprises. Benchmark reports are tailored to crop type (corn or soybeans) and land tenure (owned or cash rented). The data on physical production, gross returns, direct and overhead costs, and net returns per acre offers valuable insights to farmers.
Corn and Soybean Production for Owned Land and Cash Rented Land
In 2022, 16 Ohio corn producers with owned land, with an average of 127 acres per enterprise for corn production, had a yield of 191.96 bushels per acre and an average corn value of $5.98 per bushel. This resulted in an average gross return of $1155.89 per acre. For the 20 corn enterprises on cash rented land in Ohio, the average enterprise size was 195.87 with a yield of 188.78 bushels per acre and a corn value of $6.10 per bushel, leading to an average gross return of $1166.69 per acre.
In Ohio, 12 soybean enterprises on owned land operated at an average of 133.47 acres in 2022. They had a gross return of $704.13 per acre, with a yield of 51.43 bushels per acre and an average soybean value of $13.6 per bushel. The 19 soybean enterprises on cash rented land had an average operation size of 279.3 acres. These enterprises earned an average return of $769.33 per acre, with a yield of 55.08 bushels per acre and an average value of $13.79 per bushel.
Direct Expenses of Crop Production
For cash rent corn enterprises, the cost of production for corn was $5.43 per bushel in 2022, including labor and management charges. Direct expenses averaged $807.45 per acre, with around 60% allocated to land rent, seed, and fertilizer.
Likewise, for cash rent soybean enterprises, the cost of production for soybeans was $11.81 per bushel, also including labor and management charges. Direct expenses averaged $520.91 per acre, with around 30% allocated to land rent.
For enterprises with owned land, the cost of production for corn was $5.36 per bushel in 2022, including labor and management charges. Direct expenses averaged $712.29 per acre, with more than half allocated to seed and fertilizer.
Similarly, for soybean enterprises with owned land, the cost of production for soybeans was $11.77 per bushel, also including labor and management charges, with direct expenses averaging $366.74 per acre.
Enterprises with owned land typically incur lower overall production costs per bushel for both corn and soybeans compared to cash rent enterprises. Cash rent enterprises incur higher direct expenses per acre for both crops, primarily due to significant land rent costs. Notably, corn production tends to be less costly per bushel than soybean production for both enterprise types. Land rent is a crucial cost component for cash rent enterprises but is not a direct expense for owned land enterprises.
Government Payments for Crop Production
In 2022, government payments for corn producers on cash rented land averaged $4.09 per acre, while soybean producers received an average of $2.23 per acre.
Government payments for corn producers on owned land averaged $2.47 per acre. Conversely, due to the small sample size, government payments were not reported by the 12 soybean enterprises on owned land.
The Bottom Line of Crop Production
For Ohio’s owned land corn enterprises in 2022, net returns averaged $119.62 per acre, considering all direct, overhead and management expenses, as well as contributions from government payments. Notably, the net returns were lower than those observed in corn enterprises on cash rented land, where the net return over labor and management stood at $127.28 per acre. The net returns for soybeans on owned land were $94.26 per acre, which were lower than the net returns of $109.13 per acre for soybean enterprises on cash rented land.
References:
Schroeder C. and Shoemaker, H. ”2022 Ohio Farm Business Summary.” Ohio State University Extension, September 2023.
Regional Ag Outlook and Policy Meetings Set for 2024
By: Mike Estadt, OSU Extension estadt.3@osu.edu
Ohio State University Extension will present its 2024 Regional Agricultural Outlook and Policy Meetings starting in late January and continuing into February. OSU Extension is the outreach arm of Ohio State’s College of Food, Agricultural, and Environmental Sciences, and the main sponsor of the meetings. Economists from the CFAES Department of Agricultural, Environmental, and Development Economics, Extension specialists in tax policy, ag law and meteorology, along with other college specialists and invited guests, will serve as speakers.
Held throughout the state, the outlook meetings will address agricultural topics of interest not only in Ohio, but across the Corn Belt as well. Programs will include presentations on grain market outlook; the dairy industry; agricultural law updates; Ohio’s changing climate; energy outlook, international economic outlook, farm real estate values and cash rent trends; grain transportation infrastructure; agricultural input price projections; and federal tax updates. Bearish price projections, world conflicts and lower farm income projections make these program important as you plan for the year ahead. University experts and industry representatives will give the latest information on what to expect. “Outlook meetings have useful take- aways that I have seen farm managers use directly for the upcoming season and planning for the future of the farm business. Farmers are the CEOs of their farm and collecting unbiased information and putting it into action is essential for success”, according to Bruce Clevenger, Extension Farm Management Field specialist.
Here is a current list of Extension opportunities for ag policy, outlook and grain marketing topics. Check with the local contacts for more information regarding specific topics and times.
January 22, 2024- Friendly Hills Camp and Conference Center, Zanesville, Ohio.
Contact: Clifton Martin (martin.2422@osu.edu)
January 23, 2024- Jewell Community Center, Defiance , Ohio
Contact: Kyle Verhoff (Verhoff.115@osu.edu)
https://defiance.osu.edu/events/2024-farm-outlook-meeting
January 23, 2024- Napoli’s Pizza, Belpre, Ohio
Contact: Ed Brown (brown.6000@osu.edu)
January 25th, Plaza Inn, 491 S. Main St. Mt. Victory Ohio.
Contact Mark Badertscher (Badertscher.4@osu.edu)
https://hardin.osu.edu/sites/hardin/files/imce/Tillage%20Club%20Flyer%202024.pdf
January 30, 2024, 2022- Emmett Chapel, Circleville, Ohio.
Contact: Mike Estadt (estadt.3@osu.edu)
web: https://go.osu.edu/pickawayoutlook
February 6, 2024 Allen County Fairgrounds-Youth Activities Building.
Contact: Nic Baumer (baumer.15@osu.edu)
https://u.osu.edu/allenanr/upcoming-programs/ag-outlook-and-agronomy-day/
February 23, 2004- Der Dutchman Restaurant, Plain City, Ohio.
Contact: Wayne Dellinger (Dellinger.@osu.edu) web:
https://go.osu.edu/TriCountyOutlook
