News & Events
- 12 Receive Ohio Farm Bureau Federation Foundation Scholarships
- Farm Bureau opposes marijuana measure
- Ohio Farm Bureau Member Savings Testimonials
- A look at OFBF’s work on the state’s $71 billion operating budget
- Brochure available about state’s new nutrient application law
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a lot of the stateâ€™s corn and soybean crops didnâ€™t get planted in time, and those that did are being drowned out.
This is an interesting time to talk agricultural real estate, because we're starting to see the ripple effects of lower commodity prices. Here are four trends we're noticing based on conversations with our real estate friends.
Crop farmers and fruit growers work together with pesticide and fertilizer suppliers and applicators and follow the weathermanâ€™s predictions.
n its Crop Ratings Report Monday, the USDA pegged the corn good/excellent condition at 69%, equal to a week ago, but below a 76% five-year average. This is the first time, this year, the corn rating was not below the previous week's rating. The corn cropâ€™s silking rate is at 55% vs. a five-year average of 56%.
Eating is mandatory, which is why these three agriculture related stocks are worth watching.
Farmers reported on Monday that 22 percent of their corn is in very poor to poor condition; ditto for soybeans, according to the latest crop report from the U.S. Department of Agricultureâ€™s National Agricultural Statistics Service Great Lakes Region.
In general, the Ohio Farm Bureau Federation was also pleased with the state budget. â€śWith most budgets it is a mixed bag. You see some really positive things and there are some items you wouldâ€™ve hoped to see taken care of that did not get taken care of,â€ť said Brandon Kern, OFBF director of state policy.
For the third year in a row, the survey of farmers has shown that cover crops improve corn and soybean yields while providing a host of other benefits. The survey of more than 1,200 farmers revealed that cover crops boosted 2014 corn yields by an average of 3.7 bushels per acre (2.1 %) and soybeans by 2.2 bushels per acre (4.2 %).
A 2013 report by the Association for Unmanned Vehicle Systems International predicts the UAS global market to reach $140 billion over the next decade. The report also said that agriculture would make up 80 percent of the potential commercial market for the devices.
For a 1,500 acre grain farm, net income is projected at $7,450 in 2015, down from $103,500 in 2014.