Ag News, December 11, 2012

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Drought Impact Seen in U.S. Farmland Values

Farmland values in the western U.S. weakened slightly during the third quarter of 2012, according to the Federal Reserve Bank of San Francisco. The bank found the value of non-irrigated cropland eased a slight 0.7% during the quarter compared to the previous quarter. Irrigated cropland slipped 2.4% while ranchland fell 7.4%. No doubt the devastating drought had a major role in the weakness seen during the quarter, especially when you consider the drop of 7.4% in the value of ranchland as opposed to the modest declines in the value of cropland. 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=123If you need assistance with your login please email sgrua@asfmra.org.

Kiplinger Agriculture Letter

Login to Member Resourcs on the website to download the latest edition of the Kiplinger Agriculture Letter.

Economists say 2013 will be good for farmers
Roy Roberson – Southeast Farm Press

Grain prices will likely again drive U.S. agriculture in 2013, according to several speakers at the recent Tennessee agriculture leadership forum,made possible by Farm Credit Mid-America.

Near record low stocks of soybeans and corn and wheat will keep demand for these grain products high and prices good for farmers through the 2013 season.
Read more on the Southeast Farm Press website: http://southeastfarmpress.com/soybeans/economists-say-2013-will-be-good-farmers?NL=SEFP-01&Issue=SEFP-01_20121210_SEFP-01_721&YM_RID=sgruba@asfmra.org&YM_MID=1358458&sfvc4enews=42

Ag leaders seeking to add farm bill to fiscal cliff compromise
From the National Association of Wheat Growers

Congressional agriculture leaders are negotiating a long-term farm bill package to be inserted into a fiscal cliff deal expected by the end of the month.



This activity in Washington has raised hopes that farm and food legislation will get done this year, though many details and the legislative mechanism are far from certain. 



The four principals on Capitol Hill — Senate Agriculture Committee Chairwoman Debbie Stabenow (D-Mich.) and Ranking Member Pat Roberts (R-Kan.) and House Agriculture Committee Chairman Frank Lucas (R-Okla.) and Ranking Member Collin Peterson (D-Minn.) — have met several times.
Read more on the Southeast Farm Press website: http://southeastfarmpress.com/government/ag-leaders-seeking-add-farm-bill-fiscal-cliff-compromise?NL=SEFP-01&Issue=SEFP-01_20121210_SEFP-01_721&YM_RID=sgruba@asfmra.org&YM_MID=1358458&sfvc4enews=42

Play The “What If?” Game
The Un-Comfort Zone by Robert Evans Wilson, Jr.

With the publication of my humorous children’s novel, The Annoying Ghost Kid, I have had the opportunity to go into elementary schools and teach kids a game that shows them how the creative process works. It’s a great way to come up with story ideas for book and movies. But, it’s not just for kids, adults can use it as a powerful innovation tool to make their businesses more competitive.
Read more: http://www.jumpstartyourmeeting.com/articles/TUZ/63-The_What_If_Game.shtml

IRS Increases Allowable Mileage Rates

The IRS is increasing the allowable mileage rates.  The rates as of Jan 1, 2013 are 56.5 cents per mile for business, 24 cents for medical or moving expenses, and 14 cents per mile for service to charitable organizations.  This is a 1 cent increase for business miles and medical and moving miles.  These IRS rates are the maximum per-mile amount that a taxpayer can deduct for business use of a personal vehicle.  This is also the rates that most businesses use to reimburse employees for miles driven for business with their personal vehicle.  For more information go to, http://www.irs.gov/pub/irs-drop/n-12-72.pdf.

Member Benefits Update

In order to optimize member resources and bring you relevant benefits we are no longer offering the Office Depot or Car rentals benefit.

Competitive car rental rates can easily be found online and office supplies deals can be found locally or online. If you have any questions, please feel free to contact Suzanne at sgruba@asfmra.org

New Telephone System at National in Denver

The National ASFMRA office in Denver just got a new telephone system. The good news is that the main number, fax number and all staff direct numbers have stayed the same. The individual extension numbers did change, however. Here is a list with direct numbers and new extension numbers:

Brian Stockman, Ext 102, 303-692-1211
Meg Butcher, Ext 103, 303-692-1213
Cheryl Cooley, Ext. 104, 303-692-1215
Hope Evans, Ext. 105, 303-692-1216
Deanna Ilk, Ext. 107, 303-692-1222
Mark Grace, Ext. 108, 303-692-1224
Debe Alvarez, Ext. 109, 303-692-1225
Pam Burr, Ext. 110, 303-692-1226
Suzanne Gruba, 303-758-3513, Ext. 101

News from the Appraisal Foundation

The Appraiser Qualifications Board (AQB) has issued the 2nd Exposure Draft of Proposed Supervisory Appraiser and Trainee Appraiser Course Objectives and Content Outline
 
Link: https://appraisalfoundation.sharefile.com/d/s8623b44b00f462db

Issued on November 29, 2012. Written comments requested by January 11, 2013.

Send comments to: AQBComments@appraisalfoundation.org

The Appraisal Standards Board (ASB) has issued the following document:

Third Exposure Draft of Proposed Changes for the 2014-15 edition of the Uniform Standards of Professional Appraisal Practice (USPAP)
 
This exposure draft includes:
• Revisions to Reporting and Communication Requirements
• Reporting Options
• Retirement of STANDARDS 4 and 5
• Other revisions and additions as needed to ensure clarity and relevance

Link:  https://appraisalfoundation.sharefile.com/d/sbe05929a13844d89
 
Issued on November 30, 2012
 
Written comments requested by January 25, 2013
Send Comments to ASBComments@appraisalfoundation.org

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