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
A new USDA video provides a closer look at the collaborative partnerships driving innovative water quality assessment and conservation in the Western Lake Erie Basin. The video, Science-Based Solutions: Leveraging Partnerships to Protect the Western Lake Erie Basin, shows how USDA’s Conservation Effects Assessment Project (CEAP) watershed studies in the Western Lake Erie Basin bring researchers, farmers, government agencies, and nonprofit organizations together to develop science-based solutions and strategically place them where they can deliver the greatest conservation benefits.
Under CEAP, a network of researchers, from government agencies to universities, work together to monitor the impact of conservation practices on the landscape. These studies directly inform USDA’s Natural Resources Conservation Service programs, practices, and planning and ensure that the agency provides technical and financial assistance to landowners to develop and implement impactful conservation plans.
CEAP is a multi-agency effort to quantify the environmental effects of conservation practices and programs and develop the science base for managing the agricultural landscape for environmental quality. Project findings will be used to guide USDA conservation policy and program development and help conservationists, farmers and ranchers make more informed conservation decisions.
By: Bridget Britton, Behavioral Field Specialist, OSU Extension
Each morning when waking up recently it feels as though we look out the window and it is either raining or has rained overnight. Farmers are natural meteorologists and are in tune with what is going on with the weather at any given hour of the day.
According to Aaron Wilson, Ohio State University Extension climatologist, there has been measurable rainfall on all but 3 days so far in the month of April. Wet weather and planting delays are sources of additional stress. Though we can’t know for sure when the fields will dry up enough to plant, there are things you can do to keep some of the stress from overwhelming you.
Get moving: This is normally when the physical activity starts ramping up. You might not be out busy in the fields yet but start prepping your body and mind now by doing whatever exercise you enjoy to get in the right mindset. This “exercise” might include working on equipment, cleaning your shop, or catching up on things you’ve been putting off.
Make time for laughs: Have you ever heard laughter is the best medicine? Well, it might not be the best, but it can help. Make sure you find time to spend with your funny family member or employee. You know who they are. Continue reading →
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.
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 firstname.lastname@example.org https://farmoffice.osu.edu/
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.
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.
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.
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.
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.
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 →
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 →
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 →
Farm Office Live” returns virtually this summer as an opportunity for you to get the latest outlook and updates on ag law, farm management, farm business analysis, and other related issues from faculty and educators with the College of Food, Agriculture, and Environmental Sciences at The Ohio State University. Attend “Farm Office Live” online on July 23, 2021, at 10 AM (EST). To register, please visit https://go.osu.edu/farmofficelive
Do you know of a farmer who would be an excellent candidate with leadership, enthusiasm, and passion for soil health and water quality management as a Farmer Advocate for Conservation? You can nominate them by completing an online form. Select the button for the application.
The Nature Conservancy is looking for farmers who are currently utilizing cover crops on their farms in the Maumee River Watershed of the Western Lake Erie Basin. We are looking for a diverse group of farmers; large acreage, small acreage, corn and soy, small grains, livestock, new and experienced, willing to reach out and share their knowledge and experiences with other farmers in their area. Selected farmers will be compensated for their time. Select the button for this application.
If you are interested in being part of this exciting farmer-led outreach project and would like to apply as a Farmer Advocate for Conservation please complete the online application form by selecting the button above.
The application period is open for farmers in the Western Lake Erie Basin that are interested in sharing their conservation farming practices with other farmers. Farmer Advocates will be compensated for their time to attend the training and work with other farmers @ $30/hour. The focus of the project is to promote farmers learning from each other about building soil health and managing water.
By: Barry Ward, David Marrison, Peggy Hall, Dianne Shoemaker, and Julie Strawser – Ohio State University Extension
“Farm Office Live” continues this winter as an opportunity for you to get the latest outlook and updates on ag law, farm management, ag economics, farm business analysis and other related issues from faculty and educators with the College of Food, Agricultural, and Environmental Sciences at The Ohio State University.
Each Farm Office Live begins with presentations on select ag law and farm management topics from our specialists followed by open discussions and a Q&A session. Viewers can attend “Farm Office Live” online each month on Wednesday evening or Friday morning or can catch a recording of each program.
The full slate of offerings remaining for this winter are:
March 10th, 7:00 – 8:30 pm
March 12th 10:00 – 11:30 am
April 7th, 7:00 – 8:30 pm
April 9th, 10:00 – 11:30 am
Topics to be addressed in March include:
Coronavirus Food Assistance Program (CFAP)
Proposed “American Rescue Plan of 2021” – New Stimulus Legislation
General Legislative Update
Ohio Farm Business Analysis – A Look at Crops
Ohio Cash Rental Rates: Outlook and Discussion on Lease Alternatives
The message is clear: farms must know their costs of production for corn, soybeans, hay, milk, meat, and any other commodities they produce. Why? To make informed marketing, production, and financial management decisions that contribute to the overall profitability of the whole farm business.
Farm business analysis is a tool that can be applied to any farm, regardless of size, crop, or livestock enterprise. Financial management is critical to the success of every farm business, and with analysis, farms are able to better understand the numbers behind their profits or losses. Continue reading →
This is a 3-hour educational course that covers good agricultural practices or GAPs. GAPs training provides growers with the knowledge and tools needed to implement on-farm best management practices to reduce on-farm microbial food safety hazards. Participants will receive a certificate of completion at the end of the training.
OSU Extension will host a virtual three-part “Planning for the Future of Your Farm” workshop on February 15, 22, and March 1, 2021, from 6:30 to 8:30 p.m. via Zoom. This workshop will challenge farm families to actively plan for the future of the farm business. This workshop is designed to help farm families learn strategies and tools to successfully create succession and estate plan that helps you transfer your farm’s ownership, management, and assets to the next generation. Learn how to have crucial conversations about the future of your farm. Continue reading →