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Dairy Excel Results

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 […]

No matter if we win or lose, life’s contests can teach us a lot

Thursday, October 18, 2012

It should come as no surprise, but I enjoy the thrill of competition and being competitive. No matter what the score, I will continue to root for my favorite team and never give up or in to the thought of losing. In fact, that term does not fit in my vocabulary. Kellogg cereals says it […]

What makes them tick? Not all employees motivated by same thing

Thursday, October 11, 2012

Farm managers able to motivate their workers have a better chance of reducing the typical labor problems faced in today’s economy (turnover, absenteeism, and low productivity). The most common roadblock managers face when motivating employees is a tendency to assume that all are motivated by the same thing. University of Nebraska-Lincoln researchers examined leader and […]

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