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

Syngenta Sign
Crop InputsSyngenta: Keep Ag In Mind During Election Season
February 10, 2016
As presidential candidates stake out their 2016 election platforms and key priorities, growers and their business partners should seek opportunities Read More
Crop InputsWeed Expert: Adding A Second Herbicide Not Always Easy
February 9, 2016
In my last post, I reviewed some recent research that suggests one of the best ways to delay the evolution Read More
HerbicidesWSSA Announces New, Updated Free Web Resources
February 9, 2016
Today the Weed Science Society of American (WSSA) announced that new and updated educational materials for both weed scientists and Read More
ManagementOABA Annual Conference Wraps Up In Columbus
February 5, 2016
More than 300 Ohio AgriBusiness Association (OABA) members and industry professionals were on hand to engage in collaborative learning and Read More
Top 100 Articles
Elburn Cooperative
CropLife 100Elburn Cooperative Members Vote To Join CHS
December 28, 2015
With 81% of eligible producers voting, 94% cast an affirmative ballot for Elburn Cooperative, a diversified agricultural retailer based out Read More
West Central Cooperative, Jefferson, IA
CropLife 100Farmers Cooperative-West Central Merger Approved
December 21, 2015
The members of Farmers Cooperative Co. (FC), Ames, IA, and West Central Cooperative, Ralston, IA, have both approved the merger Read More
Wheat Growers Innovation Center, Bath, SD
CropLife 100Wheat Growers Opens Innovation Center
December 21, 2015
Wheat Growers’ commitment in providing its farmer-owners with the latest in technological advancements now has a one-of-a-kind focal point, as Read More
CropLife 100ARA Selects The Andersons As 2015 Retailer Of The Year
December 9, 2015
The Agricultural Retailers Association today named Maumee, OH-based The Andersons as its Retailer of the Year for 2015. The award Read More
CPS Washington Court House John Deere Sprayer
CropLife 100Application Equipment Report: It Is Easy Being Green For Top 100 Ag Retailers
December 5, 2015
On The Muppets television show, Kermit the Frog is famous for singing a song about the troubles he encounters in Read More
Fertilizer Bin
CropLife 100Fertilizer Sales: Another Down Year For Top 100 Ag Retailers
December 4, 2015
In pure number terms, the fertilizer category still dominates all crop inputs/services among CropLife 100 ag retailers. In 2015, for Read More
Latest News
EquipmentCase Unveils 2000 Series Early Riser Planter At NFMS
February 10, 2016
Case IH revealed the all-new 2000 Series Early Riser planter to media and attendees at the opening of the National Read More
Syngenta Sign
Crop InputsSyngenta: Keep Ag In Mind During Election Season
February 10, 2016
As presidential candidates stake out their 2016 election platforms and key priorities, growers and their business partners should seek opportunities Read More
Crop InputsMarrone Bio Innovations Submits New Bio-Fungicide For E…
February 9, 2016
Marrone Bio Innovations, Inc. (MBI) today announced that it has submitted a new biological fungicide (MBI-110) to EPA. The broad spectrum Read More
Crop InputsWeed Expert: Adding A Second Herbicide Not Always Easy
February 9, 2016
In my last post, I reviewed some recent research that suggests one of the best ways to delay the evolution Read More
Crop InputsGenetic Literacy Project: Farmers Need More Herbicide C…
February 9, 2016
There are two things that I think just about every weed scientist can agree on, writes Andrew Kniss for The Read More
HerbicidesWeed Expert Warns North Dakota Growers Of Coming Herbic…
February 9, 2016
Ford Baldwin painted a bleak picture of weed control at a recent workshop here exploring the future of ag production, Read More
HerbicidesWSSA Announces New, Updated Free Web Resources
February 9, 2016
Today the Weed Science Society of American (WSSA) announced that new and updated educational materials for both weed scientists and Read More
Soybean field
FungicidesFour Arysta Fungicide Formulations Given FIFRA Approval…
February 8, 2016
Arysta LifeScience North America recently announced the issuance of Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA) Section 2(ee) Recommendations for Read More
FungicidesAgri-Fos Systemic Fungicide Plus Receives EPA Registrat…
February 8, 2016
Vivid Life Sciences has announced the EPA registration of Agri-Fos Systemic Fungicide Plus, a highly concentrated active ingredient phosphite fungicide, Read More
Crop InputsBayer Contests EPA’s Decision On Valuable Insecticide F…
February 5, 2016
Crop Science, a division of Bayer, has announced it has refused a request by the Environmental Protection Agency (EPA) to Read More
Wheat Field North Dakota
Seed/BiotechSyngenta Wins Seed Fraud Suit Against South Dakota Grow…
February 5, 2016
Syngenta has obtained a $25,000 settlement from Paul and John Mayclin, Mayclin Farms, Plankinton, SD, in response to their Plant Read More
ManagementOABA Annual Conference Wraps Up In Columbus
February 5, 2016
More than 300 Ohio AgriBusiness Association (OABA) members and industry professionals were on hand to engage in collaborative learning and Read More
Crop InputsBayer To Contest EPA Flubendiamide Decision
February 5, 2016
Crop Science, a division of Bayer, announced today it has refused a request by EPA to voluntarily cancel the uses Read More
Syngenta
Seed/BiotechNot So Fast: ChemChina Syngenta Takeover Could Draw Nat…
February 5, 2016
State-owned China National Chemical Corp. (ChemChina), which plans to buy Swiss seeds and pesticide maker Syngenta, will promptly start preparations Read More
Rendering of Syngenta Seedcare Institute expansion
Seed/BiotechExpansion Of Syngenta’s North America Seedcare In…
February 4, 2016
As demand for seed treatment knowledge and products grows among farmers, retailers and others in the seed industry, Syngenta is Read More
Soybean Field
Industry NewsArysta LifeScience Strengthens Sales Team
February 4, 2016
Arysta LifeScience North America recently announced three new personnel additions: Jake Cook and Peter White are Territory Sales Managers for Read More
Davor Pisk Syngenta COO
Crop InputsSyngenta COO: Why ChemChina Offer Beat Monsanto’s
February 4, 2016
Syngenta Chief Operating Officer Davor Pisk says he is confident the proposed acquisition by ChemChina will ultimately help preserve choice Read More
Young corn plants in soil
Crop InputsKoch Biological Solutions Invests In Pathway Biologic
February 4, 2016
An affiliate of Koch Biological Solutions, LLC has acquired a minority equity position in, and entered into collaboration with, Pathway Read More