Fed Bank Surveys Mark Transition to Stabilizing Land Market
Moderation in the pace of the increase in farmland values is evident throughout a series of land value surveys conducted by several Federal Reserve Banks. You’ll find our coverage of these surveys inside.
Bottom line from the surveys: Farmland values in the Heartland are up significantly from a year earlier. But gains posted during the first quarter of 2013 are muted when compared to the final quarter of 2012. Login to Member Resources to download the latest edition of LandOwner: http://portal.asfmra.org/Scripts/4Disapi.dll/4DCGI/cms/review.html?Action=CMS_Document&DocID=27&Time=820983562&SessionID=62057594yhofx712z58m6ib178uofz4n8xa01t8fypx92ywdh85706r0j6bv566f&MenuKey=123
15 must-ask questions before buying farmland
May 22, 2013 American Bankers Association
The increase in crop and livestock prices have generated significant profits for many farmers, which some are using to buy additional land. Growing demand has driven land values to record highs in many areas. Whether farmers are using cash or borrowing money, buying land should include a well-researched financial plan. Read the entire article on the Western Farm Press website: http://westernfarmpress.com/markets/15-must-ask-questions-buying-farmland?NL=WFP-01&Issue=WFP-01_20130522_WFP-01_372&YM_RIDfirstname.lastname@example.org&YM_MID=1395586&sfvc4enews=42
Technology advances irrigation and drought management
During times of drought, like the current one, every drop of irrigation water is worth its weight (choose one – in gold, silver, cotton, corn, cattle, etc.) to a farmer or rancher, so it should come as no surprise that managing irrigation goes hand-in-hand with managing the drought.
That’s the intent of a new program by researchers at the Texas A&M AgriLife Research and Extension Center at Weslaco designed to maximize irrigation results for the least amount of water. Read the entire article on the Southwest Farm Press website: http://southwestfarmpress.com/irrigation/technology-advances-irrigation-and-drought-management?NL=SWFP-01&Issue=SWFP-01_20130522_SWFP-01_878&YM_RIDemail@example.com&YM_MID=1395584&sfvc4enews=42
Call for Nominations – 2013 Professional Farm Manager of the Year Award
Submit your nominations now for the 2013 Professional Farm Manager of the Year Award co-sponsored by Syngenta, the American Society of Farm Managers and Rural Appraisers (ASFMRA) and AgProfessional magazine.
This award recognizes professional farm managers whose dedication and commitment to agriculture have benefited their clients, the American consumer and our most precious commodity – the land. To be eligible, a professional farm manager or a farm management team must have at least five years farm management experience and hold membership in ASFMRA. To submit your nominations, visit www.farmmanageroftheyear.com.
For a list of professional farm managers in your state, click here: http://portal.asfmra.org/Scripts/4Disapi.dll/4dcgi/asfmra/find/index.html
Nominations are due by June 14. The award will be presented during this year’s ASFMRA Annual Convention, which will be held Nov. 11– Nov. 15 in Reno, Nevada. http://www.agro-nomics.org/
Check out the other awards that will be presented at the Annual Meeting in Reno: www.agro-nomics.org
Colorado Chapter of the ASFMRA Hosts Student Social at Colorado State University
By Sara Wilson
Fort Collins, Colo. – The Colorado Chapter of the American Society of Farm Managers and Rural Appraisers were hosted on campus by the Colorado State University Agribusiness Association for a social at the on campus pub, the Ramskeller, to learn about the appraisal and farm management professions. Young Professionals from the Colorado Chapter presented on their experiences of becoming certified, how to find careers in the industry and how to become involved in Summer Education Week for a more in depth look at becoming a farm manager or rural appraiser.
Register Now for the special YPN Event at Summer Ed Week in Omaha on July 14th including a communications training and dinner sponsored by Dupont Pioneer. http://portal.asfmra.org/Scripts/4Disapi.dll/4DCGI/events/8055.html?Action=Conference_Detail&ConfID_W=8055&Time=376221980&MenuKey=123 Download a flyer for this event..
New Listings on the ASFMRA Career Center
Review Appraiser, GS-1171-13 – 4 locations
Job Title: Review Appraiser, GS-1171-12 – 2 locations
Job Title: Appraisal Officer I/II
Position Location: Clovis or Tucumcari, NM
Get complete info on these and other positions on the Career Center webpage.
News from the Appraisal Foundation
The Appraiser Qualifications Board (AQB) has issued the following Interpretation and revision of the Real Property Appraiser Qualification Criteria:
Interpretation — Continuing Education Waivers and Deferrals (2008 Criteria) and Criteria Revision (2015 Criteria)
Issued May 3, 2013Effective May 3, 2013
Questions? Contact Magdalene Vasquez, Qualifications Administrator firstname.lastname@example.org
Washington Chapter Meeting
The Washington Chapter held its spring meeting in Shelton, WA on May 8-9. This meeting was timed around the low tides at mid-day so we could tour the local shell fish farms. Appraising Rural Residential property was the one day course offering and attracted 27 non-members from the local southwestern Washington area. Friday’s program included our usual participants report on land trends in their areas. The Olympia based Farm Bureau lobbyist came and provided an update on this year’s legislative session (which was headed into special session subsequent to our meeting.) DNR aquatic research specialist instructed on the difficulties of legal descriptions, surveys etc of aquatic lands. She share a quip worth sharing– GIS (mapping) in a surveyor’s world stands for Get It Surveyed. We then had instruction on the shellfish industry from Paul Taylor, of Taylor Shellfish, one of the largest shellfish farmers on the west coast. It was a beautiful day and exposed many of us to a totally unknown farming industry. USE PHOTO
Mid-South Chapter Summer Meeting
The 2013 Summer Meeting of the Mid-South Chapter of the American Society of Farm Managers and Rural Appraisers will be held June 27 -28 in Memphis, Tennessee. Hotel Accommodations will at the Madison Hotel in Downtown Memphis with meeting activities being offered in the hotel’s meeting rooms. Download complete info about this meeting.