Expert To Discuss Farmland Value, Rent At Farm Science Review

While cropland values in Ohio increased in the past two years, they have remained flat in 2014, declining in some cases, said an Ohio State University agricultural economist.

Barry Ward, production business management leader for OSU Extension, will discuss his latest research related to crop budgets, farmland prices and rental rates during this year’s Farm Science Review September 16-18 at the Molly Caren Agricultural Center in London, OH.

“In farmland with poorer soils we have seen slight decreases in land values,” said Ward. “We expect in the next two quarters for prices to possible soften further, but that’s largely dependent on crop prices at this point.”

Ward will participate in the Review’s “Question the Authorities” question-and-answer sessions offered daily at the three-day agricultural trade show.

“At the sessions we will discuss crop profitability and interest rates and how those two factors will impact land values going forward,” he said. “We will also discuss rental rates. We’ve seen data that has shown that rental rates may be flat to slightly lower in 2015. There is a lot of uncertainty going forward.”

Ward will answer questions at 12:15 p.m. and 2:45 p.m. on September 16; 1:40 p.m. on September 17; and 10:40 a.m. and 1:00 p.m. on September 18. The sessions will take place in the Ohio State Area in the center of the main Farm Science Review exhibit area.

“Question the Authorities” gives participants the opportunity to ask a range of general or technical questions related to their farm enterprises and offers an easy way for producers to interact with OSU Extension experts, organizers said.

The gatherings will also cover topics such as flexible cash leases, which can be used by farmers and renters to manage volatility in the market. Additionally, crop budgets will be an important theme of the events.

“We’ll be talking about input costs that producers are faced with and what we might expect in the short and medium terms in regards to changes in the cost of seed, fertilizer and other chemicals, machinery and equipment, interests rates, etc.,” Ward said.

Sponsored by the OSU College of Food, Agricultural and Environmental Sciences, the Review features educational workshops, presentations and demonstrations delivered by experts from OSU Extension and the Ohio Agricultural Research and Development Center, which are the outreach and research arms, respectively, of the college.

Other “Question the Authorities” workshop topics include:

  • Grain outlook.
  • Future of the rural economy.
  • Drinking raw milk.
  • Grass: bioenergy and nutrient management.
  • Feral swine issues.
  • Drones on the farm: legal issues.
  • Antibiotic use and resistance.
  • Fish farm profitability.
  • Public health and animals.
  • Hops: new markets for old crops.
  • Farmers’ brand loyalty.
  • Farm bill.
  • Farm risk management strategies.
  • Youth labor.
  • Managing livestock by behavior.

Farm Science Review is known nationally as Ohio’s premier agricultural event. It annually draws more than 130,000 farmers, growers, producers and agricultural enthusiasts. An estimated 620 exhibitors with some 4,000 product lines will set up shop at the three-day farm show, an increase from 608 exhibitors last year, organizers said.

This year, the Review is also celebrating the 10-year anniversary of its partnership with Purdue University Extension. Educators and researchers from Purdue will also present educational workshops.

Review pre-show tickets are $7 and are available for purchase at all OSU Extension county offices, many local agribusinesses, and also online at fsr.osu.edu/visitors/tickets. Tickets are $10 at the gate. Children 5 and younger are admitted free.

Hours are 8 a.m. to 5 p.m. September 16-17 and 8 a.m. to 4 p.m. September 18.

Source: Ohio Ag Connection

More information can be found at www.fsr.osu.edu.

Leave a Reply

Management Stories
ManagementMACA 2014: The State Of The Agricultural Industry, And Then Some
October 9, 2014
The trade association’s annual gathering featured speakers from across agriculture and beyond. Read More
StewardshipA Multi-Layered Approach To Water Quality
October 6, 2014
Illinois event highlights research and technology designed to better monitor and improve water quality — and the benefits of cooperative, coordinated effort. Read More
StewardshipMichigan Agriculture Leaders On Toledo Water Ban: We Want To Be Part Of The Conversation
August 8, 2014
Leaders of Michigan agricultural organizations said Thursday that the government should not have a “knee-jerk reaction” based on last weekend’s water ban in Toledo due to fertilizer run-off in Lake Erie. Read More
ManagementRussia Bans U.S. And EU Ag Product Imports In Ukraine Sanctions Battle
August 7, 2014
Russian President Vladimir Putin has banned the import of agricultural goods from countries that have imposed sanctions on Russia. Read More
Top 100 Articles
CropLife 100Cooperative CHS Returns $518 Million To Owners
February 23, 2015
The 2015 cash return to owners is based on CHS net income of $1.1 billion, the company's second highest on record. Read More
corn field
CropLife 100The Andersons’ Humic DG Now Available In Canada
February 13, 2015
The Andersons, Inc. Turf & Specialty Group has announced its Humic DG product is now available to customers in the Canadian turf, agriculture and horticulture markets. Read More
Farmer on tablet
CropLife 100Southern States Co-op: An Inside Look At Our Aerial Imagery Program
February 8, 2015
Now is as good a time as any to explore the basics of what a retail aerial imagery program looks like today. Read More
CropLife 100Wilbur-Ellis Inks Satellite Imagery Agreement
February 3, 2015
Wilbur-Ellis Company has reached an agreement with Planet Labs to bring satellite imagery to the AgVerdict software platform. Read More
CropLife 100The Andersons Starts Venture Capital Subsidiary
January 26, 2015
The Andersons has established Maumee Ventures, a venture capital subsidiary designed to foster promising innovations that strategically align with the company’s core businesses. Read More
CropLife 100CHS Partners With Northern Partners Coop On Fertilizer Warehouse
January 21, 2015
In addition, the two companies will form a joint venture to build and operate a grain barge loading facility that will handle corn, soybeans and wheat for export through the CHS terminal at Myrtle Grove, LA. Read More
Latest News
Luckey Farmers, Inc.’s Berkey Farm Center
Industry NewsLuckey Farmers’ Berkey Branch Certified In 4R Nut…
February 26, 2015
The 4R Nutrient Stewardship Certification Program has announced Luckey Farmers Inc.’s Berkey Farm Center in northwest Ohio has been added to its growing list of nutrient service providers to achieve certified status. Read More
Crop InputsWinField Unveiling NutriVision Technology, Ascend Dry F…
February 24, 2015
New for 2015 are NutriVision Technology, a unique tool for monitoring in-season plant nutrient availability, and Ascend WSG plant growth regulator, a new dry formulation of Ascend plant growth regulator. Read More
FertilizerNew Formulation Of NutriSphere-N Protects High Volume U…
February 24, 2015
Verdesian Life Sciences is launching NutriSphere-N HVTM, a new polymer formulation of the proven NutriSphere-N Nitrogen Fertilizer Manager that protects high-volume applications of UAN. Read More
EquipmentIowa Ag Secretary Northey Names Hagie Water Quality Lea…
February 24, 2015
Iowa Secretary of Agriculture Bill Northey has named Hagie Mfg. as a recipient of the Secretary’s Water Quality Initiative (WQI) Leader Award. Read More
FungicidesEvito Fungicide Gives Canadian Wheat Growers New Diseas…
February 24, 2015
EVITO fungicide from Arysta LifeScience North America gives Canadian wheat and barley growers a new option for disease control. Read More
Eric SfiligojThe Commodity Classic Turns 20
February 23, 2015
Two decades in, this annual gathering of all things agriculture has become a must-see event. Read More
CropLife 100Cooperative CHS Returns $518 Million To Owners
February 23, 2015
The 2015 cash return to owners is based on CHS net income of $1.1 billion, the company's second highest on record. Read More
ManagementCropLife Retail Week: On The Road Edition
February 20, 2015
Editors Paul Schrimpf and Eric Sfiligoj discuss their recent trips to the National Farm Machinery Show in Louisville and the Read More
Crop InputsLand O’Lakes Acquires FLM+ Assets
February 19, 2015
FLM+ will become a wholly owned subsidiary of Land O'Lakes, Inc., and the company will retain its employee base after closing of the deal, which is scheduled for the second quarter of the year. Read More
Seed/BiotechUnited Suppliers, Stine Seed Form Marketing Alliance
February 19, 2015
The new alliance will greatly expand sales opportunities for Stine Seed with the United Supplier Seed Link Owners. Read More
Crop InputsVilsack To Deliver Commodity Classic Keynote Address
February 19, 2015
The secretary will deliver a keynote address to several thousand farmers and ag allies during the event's General Session, to be held Friday, February 27, in Phoenix, AZ. Read More
Crop InputsSoybean Storage Tips
February 19, 2015
On-farm storage of soybeans requires some special considerations compared to corn. Read More
Monsanto Sign
Crop InputsBioAg Alliance Delivers Promising Field Trial Results
February 19, 2015
In its first full year of field trials, the BioAg Alliance reported that the top 10 microbial strains tested in corn and soybeans showed very promising results. Read More
National Farm Machinery Show overview
EquipmentNational Farm Machinery Show Attendance Up By 16K
February 18, 2015
The 2015 event saw the second highest attendance total of all time as 310,589 attendees that included exhibitors and agribusiness professionals traveled to the Kentucky Exposition Center to participate in the nation’s largest indoor ag trade show. Read More
EquipmentHagie Captures Three 2015 AE50 Awards
February 18, 2015
Hagie Mfg.’s Cover Crop Interseeder (CCI), High Speed Toolbar (HsTB) and STS with Tracks were presented with 2015 AE50 outstanding innovations awards at the 2015 ASABE Agricultural Equipment Technology Conference in Louisville, KY. Read More
CPS Truck door
ManagementOhio AgriBusiness Association Announces New And Re-Elec…
February 17, 2015
Crop Production Services, The Andersons among agribusinesses represented on OABA's 2015 Board of Directors. Read More
Crop InputsPlatform Specialty Products Finalizes Arysta Acquisitio…
February 17, 2015
The closing of this acquisition marks Platform’s third acquisition within the agrochemicals operating segment following the acquisitions of the Agriphar Group and Chemtura AgroSolutions in 2014. Read More
National Farm Machinery Show 50th Anniversary
Eric SfiligojThe National Farm Machinery Show Turns 50
February 17, 2015
The largest indoor farm trade show continues to impress visitors after five decades. Read More