Update on Chapter 12 farm bankruptcies through second quarter of 2019.
CAUV Projections for 2019 and 2020
- The United State Department of Agriculture (USDA), on March 6th, forecasted U.S. net farm income for 2019 to increase 10% from last year, from $63.1 billion in 2018 to $69.4 billion in 2019. This forecast is a positive sign to producers after a drop in farm income in 2018.
Dinterman, R. and A.L. Katchova. “Property Tax Incidence on Cropland Cash Rent.” Applied Economic Perspectives and Policy, 2019. https://doi.org/10.1093/aepp/ppz004
Farm Income Enhancement Program Poster prepared for the OSU Community Engagement Conference, January 23-24, 2019.
Chapter 12 bankruptcy filings have been fairly stable over the past few quarters and have stabilized to around the same levels as when chapter 12 became a permanent fixture of the bankruptcy code in 2005.
Presentation at the 2018 Agricultural Policy and Outlook Conference, November 2, 2018.
This report provides an outlook on agricultural lending and delinquencies for Ohio for fall 2018.
The United State Department of Agriculture (USDA), on August 30, forecasted U.S. net farm income for 2018 to decline 13% from last year, from $75.5 billion in 2017 to $65.7 billion in 2018 (USDA 2018). If realized, U.S. net farm income would decrease to levels witnessed in 2016 (Figure 1).
This is the first edition of a new, semi-annual, agricultural outlook report by faculty and staff of AEDE.
Katchova, A.L. and R. Dinterman. “Evaluating Financial Stress and Performance of Beginning Farmers during the Agricultural Downturn.” Agricultural Finance Review 78(2018).
Dinterman, R., A.L. Katchova, and J.M. Harris. “Financial Stress and Farm Bankruptcies in U.S. Agriculture.” Agricultural Finance Review 78(2018).
This report provides projections for 2018 for the CAUV values of all soil types in Ohio enrolled in the Current Agricultural Use Value Program (CAUV).
Presentation at the 2017 Agricultural Policy and Outlook Conference.
Presented at the Farm Science Review, September 19-20, 2017.
Katchova, A.L. and M.C. Ahearn. “Farm Entry and Exit from U.S. Agriculture.” Agricultural Finance Review 77, 1(2017), 50-63.
Presentation at the USDA Ag Outlook Forum, Washington, DC, February 23, 2017.
Katchova, A.L. and M.C. Ahearn. “Dynamics of Farmland Ownership and Leasing: Implications for Young and Beginning Farmers.” Applied Economic Perspectives and Policy 38,2 (2016):334-350.