Recently, China has rejected some vessels carrying small amounts of a corn variety approved for marketing in the United States, but not in China. The market reacted negatively and a number of grain handling companies have indicated they will no longer accept that variety at their elevators.
Policy & Politics
The Current Agricultural Use Valuation (CAUV) program values have increased due to higher crop prices and lower interest rates, but continue to provide an average 67 percent reduction from fair market value.
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.
The Current Agricultural Use Value (CAUV) Program says for property tax purposes, farmland devoted solely to commercial agriculture may be valued by its current use, instead of its "highest and best" potential use. CAUV usually results in a substantially lower tax bill for working farmers.
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.