Similar to Dairy Excel

All Categories

  • It doesn’t pay to be average in the dairy business

  • Milk prices are about to fall big time

  • Take time to know your feed costs

Dairy Excel Results

Crop input outlook for 2013

Thursday, January 3, 2013

Crop profitability prospects for 2013 are positive for the three major row crops in Ohio. Input costs have increased from last year, but high crop futures prices for 2013 crops will allow producers to plan for positive margins next year. OSU Extension enterprise budget projections show positive returns for corn, soybeans and wheat in 2013. […]

Preparing the farm for a New Year

Wednesday, January 2, 2013

Well, we’ve made it through yet another year. The Christmas presents have been opened, you’ve probably eaten more than you should have (I know I did), time has been spent with family and friends (a few of you may think some guests stayed too long), and those faithful cows were waiting for you each day. […]

Dairy farmers need analysis of this year’s business to plan for next year

Friday, December 21, 2012

“The cows are carrying the crops.” A familiar statement that described most diversified crop/dairy farms for the past 15 years. Milk was the original farm-level “value added” product. You add value to your crops by putting them through dairy cows and selling milk. In an about face caused by a wide variety of factors, for […]

Some farm tax tips as 2012 ends

Monday, December 17, 2012

During the past six weeks, I have been on the road helping to teach the OSU income tax schools. These workshops help teach tax professionals about the latest changes to the IRS tax codes. I had the opportunity to teach the agriculture portion of these schools and today I would like to share some of […]

Dairy farmers, tell your story

Thursday, December 6, 2012

We have a story to tell in our role as dairy farmers. There are countless opportunities to share it with others. It may not always be the setting we like or feel comfortable with, but our lives have dimensions that exceed those who work in the concrete jungles of a city, far removed from farm […]

Oil or gas lease or royalty payments? The taxman cometh

Wednesday, November 21, 2012

Making management decisions to minimize taxes is wise; evading tax is not. Landowners who have signed gas and oil leases, or are getting royalties, need to give some thought to tax management on the payments received.

Now is the time to sell excess heifers

Thursday, November 15, 2012

The adage “keep the best and sell the rest” is always an important principal in managing a dairy farm, but with the high costs of feed and other inputs, following this principle is a must. The act of “culling” animals from the herd usually has a negative connotation because all too often this activity is […]

Farmland value and rent outlook 2013

Thursday, November 8, 2012

COLUMBUS — Cropland values in Ohio have increased again in 2012. Data from the Oho Ag Statistics Service shows an increase of 13.6 percent for bare cropland in Ohio for 2012. According to their data, bare cropland averages $5000/acre, up from $4400/acre the previous year. An OSU Extension survey conducted in December 2011 estimated that […]

Review offers fully before signing up

Thursday, November 1, 2012

Some interesting offers may be showing up in your mailbox. Our “opt-out” period must have expired for receiving offers for credit cards, mortgages and other types of credit as more are showing up each day. Seed offers The ag community has certainly picked up the ball in this game as two recent mailings indicate: The […]

OSU offering income tax schools

Thursday, October 25, 2012

Hello northeast Ohio. Isn’t autumn a wonderful time? I really love this time of year. The cooler nights, the smells and sights of harvest, and the spectacular colors of the leaves all make northeast Ohio a great place to live. OSU Extension is offering the OSU Income Tax Schools at eight locations across Ohio in […]

eNewsletter

Get our Top Stories in Your Inbox