Research: Farm Management Publications

Farmland Values and Cash Rents

Ohio cropland values and cash rental rates are projected to decrease in 2014. According to the Ohio Cropland Values and Cash Rents Survey bare cropland values in western Ohio are expected to decrease from 4.0% to 5.4% in 2014 depending on the region and land class. Cash rents are expected to...
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Date published:
May 30, 2014
Ohio cropland values and cash rental rates are projected to increase in 2013. According to the Ohio Cropland Values and Cash Rents Survey bare cropland values in western Ohio are expected to increase from 6.8% to 15.4% in 2013 depending on the region and land class. Cash rents are expected to...
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Date published:
May 16, 2013
Ohio cropland values and cash rental rates are projected to increase in 2012. According to the Ohio Cropland Values and Cash Rents Survey bare cropland values in western Ohio are expected to increase from 7.3% to 9.1% in 2012 depending on the region and land class. Cash rents are expected to...
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Date published:
January 1, 2012
Ohio cropland values and cash rental rates are projected to increase in 2011. According to the Western Ohio Cropland Values and Cash Rents Survey bare cropland values are expected to increase from 3.1% to 7.4% in 2011 depending on the region and land class. Cash rents are expected to increase from...
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Date published:
January 1, 2011
Ohio cropland values show signs of remaining stable to falling slightly in 2010 while this survey indicates cash rent levels will see little change in 2010. According to the Western Ohio Cropland Values and Cash Rents Survey bare cropland values are expected to decrease from 0.1% to 3.1% in 2010...
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Date published:
January 1, 2010
Ohio cropland values show signs of falling slightly while cash rents show signs of leveling off or seeing modest increases depending on the region and land productivity. Ohio cropland values are expected to decrease from 2.4% to 4.9% in 2009 while cash rents are expected to range from a decrease of...
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Date published:
January 1, 2009
Ohio cropland values and cash rents continue to increase and projections are for cropland values and cash rents to be higher in 2008. Ohio cropland values are expected to increase from 5.1% to 6.5 % in 2008 while cash rents are expected to increase between 10.8% and 11%. Landowners, prospective...
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Date published:
January 1, 2008
Landowners, prospective buyers, farmers, and lenders often seek baseline data and trend data with which to base their buy/sell and rental decisions upon. This survey draws on the expertise of numerous professional groups that are knowledgeable of Ohio’s cropland markets. Surveyed groups include...
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January 1, 2007
This paper offers an overview of U.S. farm real estate markets. Major uses of land, location of farm real estate, and ownership patterns are summarized. Characteristics of participants in farm real markets are reviewed. Farm real estate values and rents examined, and factors affecting farm real...
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October 1, 2006
Demand for land value and cash rent data is strong as farmers, landowners, ag lenders, agribusiness persons and investors seek baseline data to formulate their business and investment plans. Previously, data has been gathered by surveying farmers, landlords or a combination of the two groups. In...
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Date published:
January 1, 2006
This report examines markets for leased Ohio farm real estate using results from the 2003 Farm Real Estate and Farming Practices Survey. Cash rents and estimated market values are computed for each region of the state. Factors thought to be important in explaining differences in cash rents and...
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October 2, 2003
Precision farming practices may influence precision farmers' preferences for alternative forms of land lease and may influence the relationships negotiated between landlord and tenant. This paper discusses attributes of cash and share leases, the two primary lease types employed in Ohio, discuss...
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October 1, 2001

Custom Rates and Machinery Costs

The custom rates reported in this publication are based on a statewide survey of 256 farmers, custom operators, farm managers and landowners conducted in 2014. These rates, except where noted, include the implement and tractor if required, all variable machinery costs such as fuel, oil, lube, twine...
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Date published:
June 16, 2014
The rates reported in this guide are based on a statewide survey conducted by mail in the summer of 2012. Farmers, agribusiness firms, aerial applicators and land improvement contractors responded to questions on the rates they were charging or paying in 2012 for custom services, excluding the cost...
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October 12, 2012
The tables in this publication contain estimates of farm machinery operation costs calculated via an economic engineering approach. The data are intended to show a representative farming industry cost for specified machines and operations.
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May 1, 2012
A large number of Ohio farmers hire machinery operations and other farm related work to be completed by others. This farm work completed by others is often referred to as “custom farm work” or more simply “custom work”. A “custom rate” is the amount agreed upon by both parties to be paid from the...
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Date published:
January 1, 2012
2012 Ohio Farm Custom Rate Survey. We need your assistance in securing up-to-date information about farm custom work rates, machinery and building rental rates and hired labor costs in Ohio. This information is updated frequently and published by OSU Extension. It is widely used across the state,...
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Date published:
January 1, 2012
By Alan Miller Purdue Extension Farm Business Management Specialist The rates reported in this publication were compiled from questionnaires received from farmers, farm owners, farm custom operators, and professional farm managers in Indiana.
Date published:
January 1, 2012
A large number of Ohio farmers hire out for machinery operations and other farm related work. This is often due to lack of proper equipment, lack of time, or lack of expertise for a particular operation. Many farm business owners do not own the necessary equipment for every possible job; instead of...
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Date published:
May 1, 2011
Many Iowa farmers hire some custom machine work done in their farm business, or perform custom work for others. Others rent machinery or perform other services. The information below is based on survey responses from 249 Iowa farmers, custom operators, and farm managers. For each operation, the...
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January 1, 2011
By Adam W. Pike, Agricultural Statistician The custom rates shown are averages from voluntary reports by custom operators and farmers throughout Pennsylvania. Most of the rates are stated per acre, cwt., ton, bale, or bushel rather than per hour to reduce the variation due to machinery size. The...
Date published:
March 1, 2010
By the University of Kentucky Cooperative Extension Service These custom rates are based on reported surveys in Ohio, Indiana, Missouri, Iowa, Wisconsin, and Kansas. The rates calculated here are averages for these states and are adjusted to account for changes in fuel price, machinery costs, and...
Date published:
March 1, 2010
A large number of Ohio farmers hire machinery operations and other farm related work to be completed by others. This farm work completed by others is often referred to as "custom farm work" or more simply "custom work". A "custom rate" is the amount agreed upon by both parties to be paid from the...
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Date published:
January 1, 2010
Edited by: Dennis Stein, Extension Educator, District Farm Business Management, Michigan State University Extension
Date published:
November 2, 2009
Many Ohio farmers hire custom farm work in their farm business or perform custom farm work for others. The rates reported in this publication are based on survey results from 205 Ohio farmers, custom operators and farm managers. The rates shown may differ significantly by local region depending on...
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Date published:
January 1, 2008

Labor and Human Resource Management

What explains the often-observed difficulty of keeping family businesses going beyond two generations? There are the obvious answers of lack of profits, bad luck, the business is too small or too large, and failure to stay current with technology and modern practices. However, there are additional...
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July 1, 2001
Every business needs leadership. Leadership is one of the ways that managers affect the behavior of people in the business. Most successful managers are also successful leaders. They get people to work to accomplish the organization's goals.
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July 1, 2001
The dairy world has an interesting job description gap. Most dairy farm employees want job descriptions. Few dairy farmers provide them. More important, dairy farmers who work with their employees to write and use job descriptions praise their benefits. Most labor management specialists highly...
Date published:
July 1, 2001
Getting along well with your employer and co-workers can be more challenging than doing the work you were hired for. Enjoying them helps make your job fun. Employees who master the skills necessary to get along are highly valued. They are often MVPs -- Most Valuable Persons. Being named an MVP is a...
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July 1, 2001
Fact Sheet produced by Ohio State University Extension
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July 1, 2001
Would anyone doubt that a successful dairy farm requires a team effort? Silly question? Not at all. Most dairy farms have groups of people or collections of individuals rather than teams. Success does not demand a team approach. A farm manager who prefers a team approach faces a tough test of...
Date published:
July 1, 2001
Hiring only non-family members would likely make labor management in your business easier than working with family members. The fact is, however, that most small businesses include two or more family members: spouses, children, in-laws, siblings and parents. Family members usually have some key...
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July 1, 2001
In tight labor markets, farm employers must compete aggressively with other employers for quality employees. These quality employees are essential to the accomplishment of production, financial and growth goals. The lack of quality employees can jeopardize the very future of the business.
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July 1, 2001
“How am I doing?” Nearly all employees want an answer to this question.
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July 1, 2001
As a dairy farm employer, you must compete aggressively for job applicants. An inadequate number of applicants leads to a shortage of quality employees. These quality employees are essential to the accomplishment of your production, financial and growth goals. Lack of quality employees jeopardizes...
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July 1, 2001
We begin our discussion of a complex topic with a simple question: How can I motivate my employees? We propose a simple yet unique answer: You can’t do it alone! Employee motivation in small businesses works best as a partnership between employer and employees. In this paper, we will develop this...
Date published:
July 1, 2001
You have only one opportunity to make a good first impression on new employees. The first day that a new person is on the job provides you many "teachable moments." Nearly all employees want to get off to a good start. The good start depends more on orientation than on how much work the person does...
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July 1, 2001
Organizing is establishing an internal framework for the business. An internal framework, called an organizational structure, is necessary if two or more people are involved in the business. In fact, businesses with only a few people involved can have confusing and misunderstood organizational...
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July 1, 2001
Communication plays a major role in employer-employee relationships on farms. It also affects the relationships among family members on the management team. Although effective communication does not guarantee success of a farm business, its absence usually assures problems. A communication problem...
Date published:
July 1, 2001
Managers face a major challenge in finding and keeping quality employees. Finding the quality employees is absolutely necessary if profitability, growth and excellence goals are to be reached. Family members and existing employees are unable to cover for missing employees for any extended period of...
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July 1, 2001
Date published:
July 1, 2001
No matter how carefully a manager recruits and selects employees, they will not come to their new jobs with all the necessary knowledge, skills and abilities. Training is essential if employees are to reach their potential. Training should help them feel like they are creating better opportunities...
Date published:
July 1, 2001

Estate Planning

Estate planning fact sheet series produced by Ohio State University Extension. Access here .
Date published:
January 1, 2012
Estate planning resources from Ohio State University Extension. The purpose of this website is to acquaint our Ohio readers with the issues associated with estate creation and transfer. It can provide the basis for understanding estate planning terms and assist in outlining personal objectives...
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January 1, 2012
Farm trasition fact sheet series produced by Ohio State University Extension. Access here .
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January 1, 2012
Estate planning resource guide from Iowa State University Extension
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December 1, 2005

Leasing Decisions

Farm lease arrangements are an important component of farming operations in Ohio. The contractual nature of a farm lease necessitates that farmland owners and tenant farmers understand the legal aspects of farm lease agreements. The following offers a brief explanation of legal aspects of Ohio...
Date published:
May 1, 2010
Fact sheet on flexible-cash rents for farmland produced by Ohio State University Extension. Access here .
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May 1, 2010
Fact sheet on farm rental agreements produced by Ohio State University Extension. Access here .
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May 1, 2010
Fact sheet on managing landlord-tenant relationships produced by Ohio State University Extension. Access here .
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May 1, 2010
Fact sheet on crop share leasing in Ohio produced by Ohio State University Extension. Access here .
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May 1, 2010
Fact sheet on tax issues for farm rental agreements produced by Ohio State University Extension. Access here .
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May 1, 2010
Fact sheet on leasing farm buildings and livestock facilities produced by Ohio State University Extension. Access here .
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May 1, 2010

Ohio ASFMRA Annual Meeting 2012

Presentation on what reviewers expect in an appraisal.
Date published:
February 2, 2012
Presentation by AEDE's Barry Ward at the Ohio Chapter ASFMRA Annual Meeting 2012
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February 2, 2012
Presentation by Dave GaNun, ARA, at the 2012 Annual Meeting of the Ohio ASFMRA Chapter
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February 2, 2012
Presentation by AEDE Assistant Professor H. Allen Klaiber at the Ohio ASFMRA Annual Meeting 2012
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January 18, 2012
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June 16, 2014

Corn Enterprise Budget

Enterprise Budget - Corn
Date published:
November 27, 2013

2013 Ohio Enterprise Budgets

Corn Production Budget 2013
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March 22, 2013
Soybean Production Budget 2013
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March 22, 2013
Wheat Production Budget 2013
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March 22, 2013
Swine - Wean to Finish - 2013
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March 22, 2013
Swine - Farrow to Wean - 2013
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March 22, 2013
Alfalfa Hay Production Budget 2013
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March 14, 2013
Alfalfa Haylage Budget 2013
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March 14, 2013
Grass Hay Budget 2013
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March 14, 2013

2012 Ohio Enterprise Budgets

Stocker Cattle Budget-2012
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Date published:
July 11, 2012
Maple Syrup Business Planning Guide-2012
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June 1, 2012
Swine - Wean to Finish-2012
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May 4, 2012
Swine - Farrow to Wean-2012
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May 4, 2012
Corn Silage Production Budget-2012
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April 30, 2012
Soybean Production Budget-2012
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April 26, 2012
Wheat Production Budget-2012
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April 26, 2012
Corn Production Budget-2012
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April 26, 2012
Cow - Calf Budget Spring Calving-2012
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April 19, 2012
Market Steer Budget - Days on Feed 232-2012
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April 19, 2012
Market Steer Budget - Days on Feed 250-2012
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April 19, 2012
Yearling Market Steer Budget - Days on Feed 182-2012
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April 19, 2012
Yearling Market Steer Budget - Days on Feed 190-2012
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April 19, 2012
Market Heifer Budget - Days on Feed 220-2012
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April 19, 2012
Alfalfa Haylage Production Budget-2012
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April 3, 2012
Alfalfa Hay Production Budget-2012
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March 28, 2012
Backgrounding Cattle Budget-2012
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July 11, 2011

2011 Ohio Enterprise Budgets

Hay - Alfalfa Production Budget-2011
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November 25, 2011
Hay - Grass Production Budget-2011
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November 25, 2011
Wheat Production Budget-2011
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October 24, 2011
Dairy Cow Budget - Large Breed-2011
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October 10, 2011
Ewe and Lamb Budget - Winter Lambing-2011
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June 17, 2011
Ewe and Lamb Budget - Spring Lambing-2011
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June 17, 2011
Swine Production - Farrow to Wean-2011
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Date published:
June 1, 2011
Swine Production - Wean to Finish-2011
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June 1, 2011
Corn Production Budget - Late Planning (May28-June5)-2011
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May 28, 2011
Corn Production Budget-May 24-2011
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May 24, 2011
Soybean Production Budget-2011
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May 24, 2011
Soybean Production Budget -Late Planning (May28-June5)
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Date published:
May 24, 2011

2010 Ohio Enterprise Budgets

Corn Production Budget-2010
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May 7, 2011
Corn Production Budget with Storage-2011
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May 7, 2010
Soybean Production Budget-2010
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May 7, 2010
Soybean Production Budget with Storage-2010
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May 7, 2010
Wheat Production Budget-2010
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Date published:
March 1, 2010
Hay - Alfalfa Production Budget-2010
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March 1, 2010
Hay - Grass Production Budget-2010
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Date published:
March 1, 2010
Maple Syrup Business Planning Guide - Bucket System-2010
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January 1, 2010
Maple Syrup Business Planning Guide - Vaccum Tubing Systems-2010
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January 1, 2010
Maple Syrup Business Planning Guide - Vaccum Tubing System with Reserve Osmosis-2010
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Date published:
January 1, 2010