News & Events
- Stepping out of our comfort zone - AgriPOWER Class VII Session 1 blog
- Understanding of why we do things the way that we do - AgriPOWER session 1 blog
- Farm Bureau part of successful grain storage bin case
- 12 Receive Ohio Farm Bureau Federation Foundation Scholarships
- Farm Bureau opposes marijuana measure
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Eating is mandatory, which is why these three agriculture related stocks are worth watching.
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 crop’s silking rate is at 55% vs. a five-year average of 56%.
Crop farmers and fruit growers work together with pesticide and fertilizer suppliers and applicators and follow the weatherman’s predictions.
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.
a lot of the state’s corn and soybean crops didn’t get planted in time, and those that did are being drowned out.
What corn is available is being shipped to the southeast to either poultry producers or ethanol plants. That remains the best market for August and first-half September positions. However, that market should close in a few weeks when corn harvest starts in that region.
When asked what he would do to help the next generation of farmers, he said, “We need a full repeal of the death tax, the so-called estate tax.” It shouldn’t be hard for a farmer to pass the business to the next generation, he said. “Unfortunately it’s getting harder and harder to do.”
n the next decade, the largest intergenerational transfer of wealth will be seen in history. Currently, 40 percent of wealth is in the hands of baby boomers. This includes equipment and land. Only 20 percent of American businesses survive the second generation and only 4 percent survive the third generation.
Livestock now can get a lift overseas via Rickenbacker Airport. For farmers who are in the animal-exporting business — like the one who shipped 20 pygmy goats to Kuwait last month — this is good news. Rickenbacker recently became one of roughly 25 of the nation’s 550 airports to be certified by the U.S. Department of Agriculture to transport animals.
A pig farm in Fort Recovery is seeking a permit to operate, as it is consolidating three facilities to operate as one.