From their inception in the mid-19th century, futures markets have functioned as an important tool for agricultural producers to transfer their price risk to other investors.
Policy & Politics
OFBF has a substantial amount of member-developed policy on wildlife issues, including: wildlife management; wildlife control; and regulations on hunting, fishing, and trapping. Consider the following issues concerning hunting regulations and whether current policies should be amended.
In general, the U.S. Constitution grants the federal government exclusive authority to regulate trade between states.
The Mississippi River is used to transport agricultural goods from across the country. There is a problem with silt/soil removal along the Mississippi River, causing barges and carriers to load their cargo in increasingly shallow waters.
Pre-harvest food safety has become a topic of increasing focus, particularly in the beef industry. USDA’s Food Safety and Inspection Service (FSIS) announced that their next step in reducing E. coli is through pre-harvest intervention, and they have repeatedly re-stated their intentions.
More farmers and ranchers are getting closer to their customers, and finding that they can capture a higher margin when they grow vegetable or meat products with a specific consumer market segment in mind.
Many rural communities find themselves losing their retail base. Local retailers are competing with Internet retailers who do not have to collect sales tax if they do not have a physical presence in that state.
The law is different for farmers selling eggs produced on their farm vs. selling eggs at a farmers’ market or farm product auction. One is exempt from retail food licensing requirements, the other is not exempt. The number of birds is a factor, along with the requirement of a free inspection.
Governor Kasich has introduced a proposal to make significant changes in the Ohio severance tax system that applies to oil and natural gas wells in exchange for lowering Ohio’s income tax.
Since term limits have been enacted in Ohio and other states, the composition of the legislatures has remained largely the same regarding women and minorities. Critics argue legislators become less effective as they grow in experience.