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December Ohio Ag
Manager Newsletter
Samuel G. Custer
OSU Extension, Darke County
603 Wagner Avenue Greenville, OH 45331
937-548-5215 Office | 937-547-6491 Fax
custer.2@osu.edu
www.darke.osu.edu
OSU Extension
Ohio Ag Manager Newsletter
December 2015
Click here for more information on the summaries below
http://ohioagmanager.osu.edu/
In this Issue:
Farm Succession Workshop to be held in Medina County on January 21
& 28, 2016
Ten Strategies to Survive Tight Grain Margins
Ohio Nutrient Management Record Keeper (OnMRK) Available
Examining Land Values, Rents, Crop Input Costs & Margins in 2016
2016 Ohio Corn and Soybean Enterprise Budgets Project Lower Costs But
Low to Negative Returns
Farm Management School Teaches Small, Beginning Producers Farm Finances
EPA Proposes Changes to the Certification and Training of Pesticide
Applicators
Develop Written Farmland Lease Agreements
Farm Succession Workshop to be held in Medina County on January 21
& 28, 2016
A 2-day workshop will be held on January 21 and 28, 2016 from 9:00 AM
to 3:00 PM at A.I.Root Candle Community Room, 623 West Liberty St.,
Medina, OH 44256. This workshop will help farmers assess the future of
the farm business, discuss developing the next generation of managers,
communicate about farm succession, review retirement planning and plan
for the unexpected, consider long-term healthcare costs, understand
legal considerations, and more. Pre-registration is required. Cost is
$35.00 per person or $50 for up to 3 members of the same family
attending together. Deadline to register is January 14, 2016.
Ten Strategies to Survive Tight Grain Margins
There are a few things that every business person knows about margins.
There are typically only two ways to improve them; either increase
revenues or reduce costs. Although this is very simple to say, making
the management decisions to affect movement on either front is often
difficult at best. Included in this article are some ideas that farmers
can consider with today’s lower crop prices and projected lower profit
margins.
Ohio Nutrient Management Record Keeper (OnMRK) Available
Ohio Nutrient Management Record Keeper (OnMRK) is a computerized
recordkeeping system that sync’s with your smartphone or tablet to
create a simple, easy and quick way to record all of your fertilizer
and manure applications from the field. The free app which works on
tablets, iPads and smartphones can be downloaded from the Google Play
store for Android devices and iTunes for the Apple products.
Examining Land Values, Rents, Crop Input Costs & Margins in 2016
Low crop margins and uncertain land value and cash rental markets will
continue to be important themes as we look ahead to 2016 as producers
grapple with high costs relative to crop prices received. According to
data from the Ohio Ag Statistics Service, bare cropland value increased
3.5% in Ohio in 2015. The projected value for Average cropland in
western Ohio was $7,315 per acre.
2016 Ohio Corn and Soybean Enterprise Budgets Project Lower Costs But
Low to Negative Returns
Production costs for Ohio field crops are forecast to be somewhat lower
in 2016 but the profit picture looks poor, much the same as it did
2015. Variable costs for Ohio corn for 2016 will be 8.5% to 10.6% lower
compared to 2015. Variable costs for corn for 2015 are projected to be
$336 to $421 per acre. Variable costs for 2016 Ohio soybeans are
projected to be 6.2% to 6.6% lower and range from $196 to $214 per acre.
Farm Management School Teaches Small, Beginning Producers Farm Finances
GREENVILLE, Ohio – Producers new to farming or those who operate small
farms and ranches can learn how to create a business plan and develop a
balance sheet from farm management experts with the College of Food,
Agricultural, and Environmental Sciences at The Ohio State University.
The 2016 Farm Management School, a five-session workshop series, will
focus on the financial education that goes along with operating a
successful farming operation, said Sam Custer, an Ohio State University
Extension educator who is organizing the program.
EPA Proposes Changes to the Certification and Training of Pesticide
Applicators
The Environmental Protection Agency (EPA) has proposed a minimum age
(18) and stricter standards for certifying applicators of restricted
use pesticides (RUPs). For commercial applicators in Ohio, there is no
distinction between RUP and non-RUP users, hence these new proposals
potentially affect the certification and recertification of all
licensed commercial pesticide applicators in Ohio whether or not they
actually use restricted use pesticides.
Develop Written Farmland Lease Agreements
One piece of business that can be taken care of in the fall after
harvest is completed is securing a cropland lease or rental agreement
for the 2016 season. The purpose of this article is not to talk about
what that rental price is, but rather the format of that agreement and
lease/rental conditions included in that agreement.
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Readers can subscribe electronically to this newsletter by sending an
e-mail message to: marrison.2@osu.edu. A successful
subscription message will receive by an automatic reply from the
listserv. Contact your local Ohio State University Extension Office or
e-mail marrison.2@osu.edu if you have problems subscribing.
The Ohio Ag Manager newsletter is published in collaboration by OSU
Extension Educators and Faculty members of Ohio State University's
Department of Agricultural, Environmental and Development Economics.
December Newsletter Editor: David Marrison
Ohio Ag Manager Team Leaders: Chris Bruynis & David Marrison
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