Ag News, April 30, 2013

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Farm land prices: A correction maybe, not a bursting bubble
Hembree Brandon

As “bumps in the road” occur in the farm economy, “farm land prices will reflect that,” Abbot Myers, chairman of the board of the Mississippi Land Bank, said at the organization’s annual meeting.

But, he says, while some analysts are warning of a sharp retreat in land prices, “I don’t foresee another farm land bubble like the one that occurred in the 1980s, when there was a total collapse in values.

Each farmer once fed 20 people — today it’s 165.

Read more on the Delta Farm Press website:

870,000 acres of California almonds all-time record
By Cary Blake

The National Agricultural Statistics Service (NASS) pegs 2012 California almond acreage at an all-time record of about 870,000 acres.

Last year’s estimated acreage is 4 percent higher than the 835,000 acres in 2011.

Of the 2012 acreage, NASS says about 790,000 acres were bearing and about 80,000 acres were non-bearing.

Nonpareil was the leading variety last year, followed by Butte, Carmel, Monterey, and Padre.

Kern, Fresno, Merced, and Stanislaus counties were the state’s top almond-producing counties. The four counties represented 63 percent of the total bearing acreage, down slightly from the previous year.
Read more:

YPN Communications Seminar, Networking and More!

Last year, ASFMRA held its first ever Young Professionals Network (YPN) event. This year we have scheduled a special communications seminar for young professionals (those members under 35) on Sunday, July 14 at Summer Education Week in Omaha. The seminar will focus on communication and the challenges we experience in personality and generational differences. The Seminar will be led by Kevin Carpenter, Sales Training Manager for DuPont Pioneer, from Johnston Iowa, and Jill Berg, President of Spherion Staffing in Fargo, North Dakota. We have 40 slots available so don’t miss out on this one. Other events include a special YPN dinner sponsored by DuPont Pioneer. Get complete details or register today!

ASFMRA is Successful and Growing

This is truly an historic time in our organization. We are improving our governance, with more nimble and effective committees, empowering our staff, defining our member market and where are future customers are, building better marketing tools, cutting programs and adding better ones. We have grown our revenue, and refilled our drained reserves. And now we are building a best-in-class technology framework to help us even better serve the management, valuation and consulting professionals. We are refining processes of how we do things and improving execution.

 In April we had our largest webinar ever – Valuation of Conservation Easements – 92 in attendance!
 Membership in March was up 51 over March of 2012!
 385 ASFMRA info packets have been distributed personally to students at several major universities just since Jan.
 SEW sponsorships continue to grow every year and are up significantly this year
 We have five new seminars will debut at SEW this year and an awesome overall agenda
 165 students have taken the Winery Seminar taught by JoAnn Wall, ARA, in just the first three offerings!
 91 students took the last two Valuation of  Conservation Easements classes
 We have an average 38% open rate on E-News this year (average for non-profits is around 20%)
 All but one of the core appraisal classes have beat our expectations this year in attendance
 We have established a new multiple stage course review process to help with improvements 
 We have a new evaluation process with input from instructors to identify ways to improve classes

 We expect one of the largest classes in recent memory for new AFMs and AACs
 We expect large attendance at SEW this year – maybe a record breaker


Relentless drought takes heavy toll for third straight year
By Ron Smith

Relentless. That’s the way Dan Fromme, assistant professor and Texas AgriLife Extension agronomist at Corpus Christi, describes the persistent drought that has devastated cropland and pastures for the last two years and promises to do so again in 2013.
Read more on the Southwest Farm Press website:

In Memory of DeLoyd Quarberg
Themopolis, Wyoming

The ASFMRA was honored and pleased to welcome DeLoyd in to the Society in 1993. DeLoyd was an Associate member of the Society and became the Wyoming Chapter Vice President in 2008. DeLoyd remained the Vice President of the Wyoming Chapter until his passing on April 18, 2013. He was “truly a great fellow. I very much enjoyed working with DeLoyd. He will be missed.” is what the Wyoming Chapter President David Bartlett, ARA said. The Wyoming Chapter Secretary/Treasurer and Membership Committee Chair Jim Hastings, ARA stated “We lost a good friend, a hard worker and a loyal member of the Society this month.” DeLoyd made many friends through his association with the ASFMRA who will miss him greatly. Our thoughts and prayers are with his family.


ASFMRA has joined a newly created national education partnership, the Alliance for Valuation Education (AVE), an organization dedicated to providing greater availability of consistent, quality valuation education.  In addition to ASFMRA, the AVE will be composed of The Appraisal Foundation (TAF) and 11of its Sponsoring Organizations (Alliance Sponsors).

See below for more info on this group:

National Alliance Created to Develop Valuation Education
Consistent, Quality Valuation Education to be the Goal

April 26, 2013
Washington, DC — The Appraisal Foundation (TAF) and its Sponsoring Organizations have formed a national education partnership, the Alliance for Valuation Education (AVE), an organization dedicated to providing greater availability of consistent, quality valuation education. The AVE will be composed of TAF and 11 of its Sponsoring Organizations (Alliance Sponsors).
“Having these organizations work in collaboration with one another has been an evolutionary process based on their input and recommendations. It just makes sense,” stated Steven Elliott, Chair of TAF’s Board of Trustees. “This is an important and long overdue first step in combining our resources for the benefit of the entire valuation profession,” he added. Elliott went on to say, “A common complaint heard from states over recent years is the lack of available quality educational offerings. It is our hope that the Alliance will reduce an education provider’s cost to develop certain courses, thereby allowing them to focus more on delivering courses in underserved areas.”

Read more:

Paula Douglas Seidel
Executive Administrator
The Appraisal Foundation
direct phone 202.624.3048