Ag Lender Seminar Series – Save the Date

Check out the main site for updates. https://u.osu.edu/aglenderseminars/

2022 Agricultural Lender Seminar

This program is designed to share current information with lenders and enhance the working relationship between OSU Extension and Ag Lenders. The agenda is based on evaluations from previous seminars, and input from lenders and Agricultural Extension Educators on high-priority topics.

Your choice of four locations:

Tuesday, October 18, Ottawa, OH
Thursday, October 20, Urbana, OH
Thursday, October 20, Washington Court House, OH
Friday, October 21, Wooster
, OH
9:00 am—3:00 pm
Cost $75

Featured Speakers/Topics – COMING SOON!

Register Coming Soon!

Feel free to contact OSU Extension Defiance County at 419-782-4771 or clevenger.10@osu.edu

Ohio State University (OSU) Extension’s Ohio Women in Agriculture Program announces opportunities to Learn, Grow, Connect, Inspire and Empower at the 2022 Farm Science Review!

Some of the best conversations and discussions have occurred around the family kitchen table. Grab a cup of your favorite beverage, lunch, or snack and join us from our kitchen table or yours to engage in conversations in-person or “virtually” on September 20, 21, and 22, 2022 for “Kitchen Table Conversations” hosted by the Ohio Women in Agriculture of Ohio State University Extension.

These sessions are offered during the Farm Science Review daily from 11:30 AM-12:30 PM. In-person sessions will be located on the north side of the Firebaugh Building at 384 Friday Avenue at our kitchen table. ZOOM session registration is required to participate. Register @ https://go.osu.edu/2022fsrkitchentableconversation

Programs will focus on key topics related to health, marketing, finance, legal, and production for women in agriculture.  Each topic will feature a leading expert and moderators to generate dialogue and empower discussion among participants.  A list of daily topics and leaders is provided below. Continue reading

September Farm Office Live – September 22 @ 10:00 AM

Sept 2022 Farm Office LiveThis season’s Farm Office Live schedule is set! We return on September 22 at 10 am, live from Farm Science Review! Make sure to register for this season’s Farm Office Live by following this link: https://osu.zoom.us/webinar/register/WN_3V84ep3zT6SsKDJ_k_2FQg

Registration does not carry over from year to year. So, if you want to stay up to date with all the latest farm management and ag law issues, make sure to sign up!

2022 to 23 Farm Office Live Flyer

September Farm Office Live Slide

Survey for Ohio Cropland Values and Cash Rental Rates

Hello ANR Friends,

We are once again surveying ag professionals (Extension Educators, Farm Service Agency CEDs and County Committees, financial officers/lenders, appraisers, and others) across Ohio to generate information for those interested in farmland. You might notice that our timing is different this year. We hope that you’ll still be able to assist in this important survey effort for Ohio. We value your thoughts and responses greatly!

This year, there are three options to complete the short survey.

  1. Complete the survey online at: https://go.osu.edu/ohiocroplandvaluescashrents2122
  2. Complete the attached survey (Ohio Cropland Values and Cash Rents Short Survey 2022) by printing it out, filling it out, scanning, and emailing the completed survey back to ward.8@osu.edu
  3. Complete the survey in the body of this email and return it to ward.8@osu.edu (Please see the survey at the end of this email.)

You can also access the online survey through this QR code:

If you’re able to assist with this effort, we ask you to please complete the online or attached survey by April 30th, 2022.

All survey data will be anonymous and distributed only in a summary format. Summary conclusions from the latest survey of agriculture professionals, the “Western Ohio Cropland Values and Cash Rental Rates 2020-21”, are available online at: https://farmoffice.osu.edu/farm-management-tools/farm-management-publications/cash-rents

I would like to thank the many of you that have taken the time to share your thoughts and information with us in the past and thank you all in advance for your valuable time in providing data for this research! We expect it to benefit you and your clientele. Summary data of this research will be available via our Farm Office website: https://farmoffice.osu.edu/ and the free online OSU Extension newsletter, “Ohio Ag Manager”. Subscribe to receive this electronic newsletter at:  http://ohioagmanager.osu.edu/

Thank you!
Barry Ward, Director, OSU Income Tax Schools
Leader, Production Business Management
College of Food, Agricultural, and Environmental Sciences
Ohio State University Extension
614-688-3959 Office
ward.8@osu.edu
https://farmoffice.osu.edu/

Join us for Farm Office Live on April 22

I just wanted to shoot you all a quick note letting you know that this month’s Farm Office Live is two weeks away!  Yes, that means we have changed the date of this month’s Farm Office Live.  Instead of Wednesday, April 20th, Farm Office Live will now take place on Friday, April 22nd from 10:00 – 11:30 AM.

Topics on April 22 will include:

  • State and Federal Legislation Update
  • LLC Liability Protection Review
  • 2021 Midwest Farm Performance Preview
  • Fertilizer and Crop Budgets Update
  • FSA Program Updates
  • Ohio General Assembly Website Tour

March Edition of Farm Office Live

This month’s Farm Office Live will be held on March 16th, from 7 – 8:30 pm, and again on March 18th from 10 – 11:30 am. The Farm Office Team provides the latest outlook and updates on ag law, farm management, ag economics, farm business analysis, and other issues dealt with in your farm office.  Targeted to farmers and agribusiness stakeholders, our specialists digest the latest news and information and present it in an easy-to-understand format. To sign up for the webinar (and if you can’t attend the recording link) go to go.osu.edu/farmofficelive.

March topics will include

  • Updates on FSA programs
  • Federal Tax Law Update/Medicaid Planning Review
  • Financial Efficiency Review for Grain Farms
  • Fertilizer Update/Crop Budgets
  • Grain Marketing Outlook

ARC-County: What’s my County’s 2022 Guarantee Revenue – Deadline to sign Up at FSA is March 15

By:  Wm. Bruce Clevenger, OSU Extension

The Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) programs were authorized by the 2014 and 2018 Farm Bills. Both programs are risk management tools. The ARC-CO (county) program provides income support tied to historical base acres, not current production, of covered commodities. ARC-CO payments are issued when the actual county crop revenue of a covered commodity is less than the ARC-CO guarantee for the covered commodity.

The Farm Service Agency (FSA) publishes county-level data online that provides the details used in the ARC-CO calculations. The 2022 Program Year-specific data contains the ARC-CO Benchmark Yields and Revenues using county-level yields and Market Year Average prices from 2016-2020. The data is organized by state and county name from Autauga County, Alabama to Weston County, Wyoming.

To access the data, visit the link and make two additional clicks:

https://www.fsa.usda.gov/programs-and-services/arcplc_program/arcplc-program-data/index

Click 2022 Program Year Specific Data

Click 2022 ARC-County Benchmark Yields and Revenues (Excel format)

A 2022 ARC-CO payment is made when the actual 2022 county crop revenue is less than the Guarantee Revenue for the covered commodity. The Guarantee Revenue is 86% of the county Benchmark Revenue, based on the Olympic average county yields and Olympic average Market Year Average (MYA) price for five prior years.

Q: What is the value of knowing your county’s 2022 Guarantee Revenue?
A: A producer can then contemplate conditions that may occur in national price and their specific county yields that would trigger or not trigger a 2022 payment.

Q: What is the difference between ARC-CO and PLC?
A: ARC-CO is a revenue (price and yield) risk program; PLC is a price risk program.

Q: How much do we know about the 2022 crop yields and 2022 commodity prices to make ARC/PLC decisions?
A: County yields are as (un)predictable as the weather. Even trend yields, retrospectively, have significant past volatility. Market analysis and futures prices can be some indicators of price, but they are based on what the market knows and reacts to today. Risk management is not about predicting the future, it’s about being prepared.

The USDA-FSA programs are offered as risk management choices and not a guaranteed payment program. Crop prices, production systems, and other risk management tools should be considered as producers make the ARC/PLC election/enrollment by March 15.

Virtual Annie’s Project “Mitigating Risk Across Common Barrier’s” Webinar Sessions

In 2021, I had the opportunity to attend the national certification to become Annie’s program coordinator. Many people have not had a chance to hear about this program.  Let me share about the program and give you a few details of an upcoming FREE webinar series.

About Annie’s Project

Annie’s Project is an education program dedicated to strengthening women’s roles in modern farm and ranch enterprises. Launched in 2003 by University of Illinois Extension Educator Ruth Hambleton, Annie’s Project is a tribute to her mother, Annette Kohlhagen Fleck.

The program honors Annie’s entrepreneurship and her goal of raising a family and being an active partner in the family farm operation.

Farming is a complex business s and more farm women are becoming active business partners in their operations. The target audience is farm women with a passion for business and involvement. Participants will gain a better understanding of human resource issues, business plans, financial documentation, property titles, cash, and crops share leases, marketing pants, retirement, estate planning, and types of insurance.

“Our mission is to empower farm and ranch women to be better business partners through networks and by managing and organizing critical information.”

Annie’s Project – Education for Farm Women (APEFW) is an IRS-designated 501(c)(3) organization established for the purpose of providing education and other opportunities to woman farmers and ranchers so that these women can become effective owners and partners in farm businesses. Programs offered through APEFW are called Annie’s Projects. There are two level’s to Annie’s Project. For more information check out https://www.anniesproject.org/

Upcoming Programs

In March, we will be offering Annie’s Project Mitigating Risk Across Common Barriers to Profitability webinar series. This webinar series is free of charge. We invite you to attend! Attached is more information about the topics, dates, and times. There is a separate link for each Zoom session. Sessions are March 3, 10, 17, and 24.

See the official flyer for these programs Annie’s Webinar Flyer

Farm Office Live Scheduled for February 16th or 18th Online

We hope that you can join us this week for Farm Office Live.  The Farm Office Team provides the latest outlook and updates on ag law, farm management, ag economics, farm business analysis, and other issues dealt with in your farm office.  Targeted to farmers and agri-business stakeholders, our specialists digest the latest news and information and present it in an easy-to-understand format.

Farm Office Live will be held via zoom on February 16th from 7:00 pm – 8:30 pm, and again on February 18th from 10:00 am – 11:30 am.

To register, or to watch recorded Farm Office Live episodes, please visit https://farmoffice.osu.edu/farmofficelive

ARC/PLC Program Election and OSU Extension Decision Tool

by: Chris Zoller, Extension Educator, ANR, Tuscarawas County

Introduction

The 2018 Farm Bill reauthorized the Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) safety net programs that were in the 2014 Farm Bill. Producers must enroll in ARC/PLC for the 2022 crop year through their local Farm Service Agency office. The signup period for the 2022 crop year is open now, and the deadline to enroll and make amendments to program elections is March 15, 2022.

If changes are not made by March 15, 2022 deadline, the election defaults to the programs selected for the 2021 crop year with no penalty. Continue reading

Farm Bill Election and Crop Insurance Meeting Offered

by: Chris Bruynis, Extension Educator

Each year farmers across Ohio need to make decisions concerning the level of risk they want to accept when it comes to raising corn and soybeans. With current input costs elevated, the amount of money needed to plant the 2022 crop is up significantly from last year. The risk-mitigating tools that are available are the USDA Farm Bill programs of ARC and PLC as well as crop insurance.

Farmers who are interested in learning how the different programs/products work are invited to join a free luncheon webinar on Wednesday, February 2, 2022, at 11:45 AM lasting for approximately one hour.

Speakers include Chris Bruynis, Associate Professor and Extension Educator, Ohio State University Extension, and Wyatt Schroder, Crop Insurance Specialist, FedCrop Insurance Services, LLC.  The 2022 Farm Bill election decision, the crop insurance products, and the interaction between the Farm Bill election and crop insurance will be discussed.

To join the Zoom Meeting go to https://go.osu.edu/farmbill2022 and use the password 767767 to log into the program. If you have any issue logging into the meeting contact Marianne Guthrie at 740-702-3200.

Farm Office Live – Did You Miss the January Topics? Recording Available.

Farm Office Live provides the latest outlook and updates on ag law, farm management, ag economics, farm business analysis, and other issues dealt with in your farm office. Targeted to farmers and agri-business stakeholders, our specialists digest the latest news and information and present it in an easy-to-understand format.

Photo of Farm Office Team Presenters

To register, visit the Farm Office Live registration site at https://osu.zoom.us/webinar/register/WN_8abbbMu0RdC-oPB5DFuB3w.

Register once and you’ll receive reminders for future sessions.

DOWNLOAD JANUARY SLIDES 

Future dates: 

February 16 7:00 – 8:30 pm
February 18 10:00 – 11:30 am
March 16 7:00 – 8:30 pm
March 18 10:00 – 11:30 am
April 20 7:00 – 8:30 pm
May 18 7:00 – 8:30 pm

Did you miss a Farm Office Live?  Access our past Farm Office Live recordings and materials https://farmoffice.osu.edu/farmofficelive

Be sure to catch an Agricultural Outlook and Policy Meeting this winter

by: Mike Estadt, OSU Extension, estadt.3@osu.edu

The Ohio State University Extension is pleased to announce the Regional Ag Outlook and Policy Meetings for 2022.  Meetings will be held around the state beginning the last of January and ending in March.

Speakers will address a myriad of topics of agriculture interest here in Ohio as well as across the Corn Belt.  Programs will include presentations on Grain Market Outlook, Ag Law Updates, Dairy Industry 2022, Ohio’s Changing Climate, Farm Policy, and Farm Bill, SB 52: Utility Solar Legislative, Farm Real Estate, and Cash Rent Trends, Ag Input Price Projections, and Federal Tax Updates.

New to this year’s program is the statewide sponsorship and support of the Ohio Corn and Wheat Growers Association.

“We are proud to partner with Ohio State University  Extension educators across the state to support this year’s agronomy, outlook, and grower meetings.  We value this partnership and look forward to supporting programs that bring value to our member’s farm businesses”, according to Brad Moffitt, Director of Membership and Market Development for the Ohio Corn and Wheat Growers Association.

The following table lists the scheduled Outlook programs with contact information to register. Continue reading

Allen County Ag Outlook and Agronomy Day

By Clint Schroeder

Join OSU Extension at the Allen County Fairgrounds, in Lima, Ohio, on Tuesday, February 8, 2022, starting at 9:00 a.m. for the Allen County Ag Outlook and Agronomy Day. The morning session will focus on commodity market outlook and ag policy. In the afternoon you will find answers to your agronomy questions, obtain pesticide applicator and fertilizer recertification credits, and CCA education hours as you prepare for the next growing season. The program will wrap up at 3:30 p.m.

Please RSVP by January 31, 2022, by contacting OSU Extension Allen County at 419-879-9108 or email Clint Schroeder at schroeder.307@osu.edu. The event will be held in the Youth Activities Building on the Allen County Fairgrounds, 2750 Harding Highway, Lima, OH 45804.

Doors open at 8:30 a.m; event starts at 9 a.m. Pre-registration by 1/31/2022 is required and the $15 admission can be paid at the door. The registration fee covers coffee and rolls, lunch, information packet, and education credits.

The 2022 PLC and ARC Decision

By: Gary Schnitkey, Nick Paulson, and Krista Swanson – Department of Agricultural and Consumer Economics – the University of Illinois and Carl Zulauf – Department of Agricultural, Environmental and Development Economics – Ohio State University

Farmers will again have until March 15 to make commodity title program selections. Given the current high prices, commodity title payments are not expected from any program option for the 2022 marketing year. If a change in conditions resulted in payments, those would be received in October 2023, after the close of the 2022 marketing year. Farmers wishing to purchase the Supplemental Coverage Option (SCO) crop insurance policy must select Price Loss Coverage (PLC) as the commodity title choice. Based on current price projections, Agriculture Risk Coverage at the county level (ARC-CO) will maximize the chance of payment for soybeans, although that chance will be small. The probability of payments is roughly the same for corn and soybeans.

Decision Overview

Farmers have three program options when making their election decisions.

  • Price Loss Coverage (PLC) is a crop-specific fixed price support program that triggers payments if the marketing year average (MYA) price falls below the commodity’s effective reference price. Payments are made on 85% of historical base acres.
  • Agricultural Risk Coverage at the county level (ARC-CO) is a crop-specific county revenue program. ARC-CO triggers payments if actual revenue (MYA price times county yield) falls below 86% of the benchmark revenue (product of benchmark price and trend-adjusted historical yield for the county). Payments are made on 85% of historical base acres.
  • Agricultural Risk Coverage at the individual level (ARC-IC) is a farm-level revenue support program. Like ARC-CO, payments are triggered if actual revenue falls below 86% of the benchmark. If an FSA farm unit is enrolled in ARC-IC, information for all commodities planted in 2022 are combined together in a weighted average to determine benchmark and actual revenues. If a farmer enrolls multiple FSA farms in the same state, all farm units are combined in determining the averages for actual and benchmark revenues. Payments are made on 65% of historical base acres.

Decisions are made for each FSA farm unit. PLC and ARC-CO are commodity-specific and can be mixed and matched on the same FSA farm or across different FSA farms (i.e. PLC for one commodity, ARC-CO for another on the same FSA farm, or using different programs for the same crop on different FSA farms).

The following sub-section will discuss the PLC and ARC-CO decision for corn, soybeans, and wheat in 2022. This focus is taken as most individuals choose between PLC and ARC-CO. Not many farms are enrolled in ARC-IC. Even if enrolling in ARC-IC, having some understanding of the PLC and ARC-CO alternatives will be valuable in making decisions. Continue reading

Ohio Farmland Leasing Update Webinar from OSU’s Farm Office

2022Farmland_Leasing_Update Flyer

Contact: Peggy Kirk Hall, 614.688.0466

Is it time to review your farmland leasing situation?  OSU’s Farm Office team will provide helpful leasing resources in its Ohio Farmland Leasing Update webinar on February 9, 2022, from 7 to 9 p.m.

“Winter is a good time to review farm leases, and current information is critical to that process,” said Barry Ward,  Leader of Production Business Management for OSU Extension.  “We’ll provide the latest economic and legal information relevant to farmland leasing in Ohio.” Continue reading

Farm Office Live on November 17 or November 19

We will again host two sessions of Farm Office Live this week. Our first session is Wednesday evening from 7:00 – 8:30 pm and it will be repeated live on Friday from 10:00 – 11:30 am.

This month’s topics include:

  • Introducing Margaret Jodlowski, new Ag Economist, and the work she is doing in AEDE
  • Update on the Build Back Better Act
  • State and Federal Legislative Updates
  • Federal Farm Program Update
  • Farm Business Analysis Report

If you are already registered, you will receive a reminder email prior to the sessions. Click here to register if you’ve not yet attended.

OSU Income Tax Schools 2021

OSU Extension Announces Two-Day Tax Schools for Tax Practitioners & Agricultural & Natural Resources Income Tax Issues Webinar


Barry Ward & Julie Strawser, OSU Income Tax Schools

Dealing with the tax provisions of the COVID-related legislation for both individuals and businesses are among the topics to be discussed during the upcoming Tax School workshop series offered throughout Ohio in November and December.

“The annual series is designed to help tax preparers learn about federal tax law changes and updates for this year as well as learn more about issues they may encounter when filing individual and small business 2021 tax returns,” said Barry Ward, Director of the Ohio State University Income Tax School Program.

“The tax schools are intermediate-level courses that focus on interpreting tax regulations and changes in tax laws to help tax preparers, accountants, financial planners, and attorneys advise their clients,” he said. The schools offer continuing education credit for certified public accountants, enrolled agents, attorneys, annual filing season preparers, and certified financial planners. Continue reading

Next Farm Office Live is October 15

Join OSU Extension Faculty and Staff on Friday, October 15 from 10:00 a.m. to 12:00 p.m. as we discuss current farm management and legislation issues.

Details and registration link are available at https://go.osu.edu/farmofficelive.  Below are this week’s topics:

  • Introducing…..Seungki Lee,  new Ag Economist
  • Federal Legislative Update
  • Farm Tax Implications from Federal Legislative Proposals
  • State Legislative Update
  • Ohio Farm Business Analysis 2020: Costs & returns for corn, soybeans, and wheat
  • Crop Costs and Margins for 2022
  • Farm Office Program Updates
  • Panel Discussion: Considerations for End of Year Tax Planning with returning Special Guest Robert Moore, Esq.
  • Q&A

We hope to see you at this virtual session!

New Solar and Wind Laws went into effect on 10/11/2021

By Peggy Hall, OSU Extension Educational Lawyer

Monday marked the effective date for new laws in Ohio addressing utility-scale solar and wind facilities.  As a result of Senate Bill 52, the new laws expand local involvement in the siting and approval of these facilities, as follows:

  • County commissioners may designate “restricted areas” where such facilities may not locate.
  • County citizens may petition for a referendum to approve or reject restricted area designations.
  • Developers must hold a public meeting overviewing a proposed facility in the county where it would locate.
  • County commissioners may prohibit or limit a proposed wind or solar facility after learning of it at the public meeting.
  • County and township representatives must sit on the Ohio Power Siting Board committee that reviews facility applications.

The new laws also require wind and solar developers to submit decommissioning plans and performance bonds to address the removal of a facility at the end of its lifetime.

To help explain the laws, Eric Romich and I have developed the law bulletins and videos you see below.  We also have a podcast that Amanda Douridas and Elizabeth Hawkins recorded with us.  You’ll find all resources on the Farm Office website at go.osu.edu/energylaw.   Also on that page are the Farmland Owner’s Guide to Solar Leasing and our Solar Leasing Checklist.