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.
Policy & Politics
The enforcement for laws regarding the Endangered Species Act has evolved drastically, as activists have resorted to the courts to drive policy decisions. A recent settlement with the US Fish & Wildlife Service (FWS) brings hundreds of changes on species listings. More lawsuits means less resources.
Agricultural companies are combining computer technology and outside analysts to provide farming data systems for a service fee. When farmers use mobile devices to access and store data related to this system, questions arise as to who owns the data and how it can be used.
The 2013 AFBF Annual Meeting approved new policy in support of only pasteurized milk/products being sold/distributed for human consumption. The major concern of raw milk is risk to public health. Six states dissented from AFBF policy. States have the authority to govern the sale of raw milk.
The Renewable Fuels Standard mandates a target amount of ethanol/biofuels that must be introduced into our nation's transportation supply. Decreasing gasoline consumption and non-acceptance of a 15% ethanol blend create concern with future ability to meet the Renewable Fuels Standard.