Organizers of the 2020 Agricultural Policy and Outlook Conference hosted by the Department of Agricultural, Environmental, and Development Economics (AEDE) at The Ohio State University, say the aim of this year’s conference is to offer much-needed insight to those involved in the agricultural industry during a time marked with so much global uncertainty. Past attendees, ranging from producers to consumers and agribusinesses leaders to elected officials, say the annual conference provides information and outlooks that influence their businesses and decision-making processes.
The U.S. trade policy, labor and immigration issues, agricultural commodity markets, and the food supply chain will be among the topics addressed at a panel discussion during the 59th annual Farm Science Review Sept. 22–24 at fsr.osu.edu.
When Margaret Jodlowski speaks with farmers and producers, she notices the curious smiles that break out on their faces when she divulges that she did not grow up on a farm but in the city of Chicago. She welcomes the question that always comes next: how in the heck did she end up working in the field of agriculture?
In a surprising turn, Ohio’s rural counties of Wyandot and Holmes topped the job growth rate of Columbus between 2010 and 2018, according to an economist with The Ohio State University.
And other rural counties including Harrison and Morgan nearly matched Columbus’ job growth rate during that same period, said Mark Partridge, an economics professor at Ohio State’s College of Food, Agricultural, and Environmental Sciences (CFAES).
Dr. John Newton credits his time as a graduate student in AEDE, working on decision tools to mitigate agricultural’ risk as the catalyst for his itch to serve the agricultural industry and work on ag policy. He was recently appointed Chief Economist for the American Farm Bureau Federation, the largest farm organization of independent farmers in the United States.
There are two types of tax values that are on the minds of farmers: market value (the value per acre for highest and best potential use) and current agricultural use value. Farmers who farm more than 10 acres and participate in the Current Agricultural Use Value (CAUV) program typically benefit from lower tax bills because tax is calculated based on below true market values. The program began in 1973 with the intention of leveling the playing field for farmers by computing farmland values based on crop yield, soil conditions, interest rates, and crop prices that have proven to be volatile.
“Applied economists are concerned with more than just numbers and economic theory,” says new AEDE Professor Wuyang Hu. “Many of us are interested in solving real-life problems and making a difference on an individual level.”
A fitting philosophy for a professor and researcher whose work over the past twenty-years has kept him focused on food related issues where the environment, economics and society intersect.
AEDE’s Ani Katchova recently received an Outstanding Research/Quality of Communication Award in the agricultural finance sector by the Agricultural and Finance Management (AFM) section of the Agricultural and Applied Economics Association (AAEA). Katchova and her co-author Mary Ahearn, retired from USDA-ERS, were nominated for this award based on their publication, “Dynamics of farmland ownership and leasing: implications for young and beginning farmers” published in Applied Economic Perspectives and Policy in 2016.