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Dairy Excel Results

Flexible cash farm leases: Do or do not? (Or give them a try?)

Thursday, February 14, 2013

When it comes to cash lease rates, the local diner does not qualify as a reliable information clearinghouse.

Oh, the challenges of dairy farming in the winter (ever see manure boil?)

Thursday, February 7, 2013

Dairy farming is never easy, but even the simple tasks get more complicated in the frigid weather of winter.

OSU to offer two-hour webinars to discuss 2013 farm tax issues

Thursday, January 31, 2013

Hello Northeast Ohio! I cannot believe that January has come to a close already. 2013 has already been an interesting year due to the passage of the American Taxpayer Relief Act of 2012 in early January. This fiscal cliff legislation includes a nine-month partial farm bill extension. Congress will now have until Oct. 1 to […]

Winter can be a productive time

Thursday, January 24, 2013

It happens every time. The ice cream is setting before me, and in my anticipation for the first bite of this creamy confection, I rush the process and the result is a “brain freeze.” It is easy to prevent if I would just eat more slowly. Supposedly the cold stimulates a nerve in the roof […]

What does it take to lead on your farm?

Thursday, January 17, 2013

I recently saw an article by Stan Moore from Michigan State University Extension that addressed the topic of leadership on farms. This is a topic many farm managers struggle with, but is one of the critical functions that all farm managers must perform well. Below is the article Moore wrote for the Michigan State University […]

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 […]

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 […]

The sky isn’t falling: Good news on milk price horizon

Saturday, October 6, 2012

With skyrocketing feed prices and negative margins to dairy producers, it may seem as if 2009 is repeating itself. But I don’t think that this is the case — there is some sunshine showing up in the currently cloudy dairy skies. The feed situation It was not that long ago the USDA and most experts […]

Good news on milk price horizon

Thursday, October 4, 2012

Integrated dairy farms producing a large amount of the feeds consumed by their cows have a distinct cash flow advantage. This should be very good to Midwestern dairy producers in the long run.

Now is the time to calculate the cost of production for your crops

Thursday, September 13, 2012

We were inches away from an entirely different set of crop and feed prices. Inches of rain that is. During the Ag Outlook Meetings early this year, back when we thought grain and feed prices were high — and feed purchasers would appreciate being back at or below those price levels no — the prediction […]

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