Ag News, January 29, 2013

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Mega Trader Still Bullish on Commodities, Farmland

Farming and real assets will continue to be the hot markets over the next decade, says noted mega-trader Jim Rogers who first began touting commodities near the turn of the millennium.

Speaking at the recent Iowa Land Expo, organized by Peoples Company of West Des Moines, Rogers outlined two major trends that will drive investments through the century.

The first is the rise of China. “China will be the dominant economy in the future. There will be setbacks but the trajectory will be upward.”
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Biofuels makers are poised for a solid year

Biofuels makers are poised for a solid year after tough going in ’12, which saw the price of corn, biofuels’ main feedstock, soar as high as $8/bu. The industry also had to deal with a growing clamor to stop mandated blending of biofuels and gasoline. The push failed…the government mandate remains. Login to Member Resources and download the latest issue of Kiplinger Agriculture Letter.

Agriculture social media ‘stars’ encourage farmers, ranchers
The American Farm Bureau Federation

A quartet of agricultural social media “rock stars” offered tips and encouragement to farmers and ranchers at a strategic engagement conference during the American Farm Bureau Federation’s ninety-fourth Annual Meeting.

“Social media allows us to be part of the conversation,” said Ryan Goodman, a cattle rancher from Arkansas who created the AgricultureProud.com blog and is a guest contributor to CNN’s Eatocracy blog.

“Consumers are already talking about what we’re doing on the farm and ranch. Through social media we can have direct access to people with questions,” Goodman said. Read more on the Delta Farm Press website: http://deltafarmpress.com/management/agriculture-social-media-stars-encourage-farmers-ranchers?NL=DFP-01&Issue=DFP-01_20130128_DFP-01_224&YM_RID=sgruba@asfmra.org&YM_MID=1368976&sfvc4enews=42

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News from The Appraisal Foundation

National Appraisal Organization Releases
New Pamphlets for Consumers and Lenders

A Guide to Understanding a Residential Appraisal was developed specifically for consumers. Thousands of home buyers are given a copy of their appraisal prior to closing on their new home. This pamphlet provides consumers an overview of the residential appraisal and how it relates to the home buying process.

Appraisers, Appraisals & You: A Lender’s Guide to USPAP was developed for lenders working in the loan underwriting process. This pamphlet provides insight to lenders in working with appraisers as well as an overview of the entire appraisal process.
INSERT LINKS for each guide.

AQB Exposure Draft on Interpretation/Revision to the Real Property Criteria

The Appraiser Qualifications Board (AQB) has issued the First Exposure Draft of Proposed Interpretation and Revision to the Real Property Appraiser Qualification Criteria

Link: https://appraisalfoundation.sharefile.com/d/s57e7e89a21241d5a

Issued on January 15, 2013
Written comments requested by February 28, 2013

Send comments to: AQBComments@appraisalfoundation.org

The Appraisal Foundation Seeks Candidates for
Vacancies on the Appraisal Practices Board

Application Deadline is April 2, 2013
Get complete info: http://a.ss5.gmsend.com/new/en_send_preview_iframe2.aspx?SID=0&SiteID=933&NewsletterID=947953&EmailID=97575054&HitID=1359404346683&token=c25ada9413b7cf583142eac9a311a7328de93a73

In Memory of John Hunt, ARA

John was welcomed into the ASFMRA in 1982. He obtained his Accredited Rural Appraiser (ARA) designation in 1984. John served on the Appraisal Review committee and Bylaws committee. He passed away in December of heart problems. He will be missed by many who were honored to call him a friend. Our prayers and thoughts are with his family.

Chapter News

2013 Missouri Chapter Annual Meeting and Education

March 7, 2013through March 8, 2013
Grand Plaza Hotel
Branson, MO USA

Get complete info or register: http://portal.asfmra.org/Scripts/4Disapi.dll/4DCGI/events/8043.html?Action=Conference_Detail&ConfID_W=8043 
Download a brochure for this event.

Successful Kentucky Cost Approach Offering

41 attended the A301 in Louisville, Kentucky January 14 – 17, 2013 to strengthen their skills in the Cost Approach.
UPLOAD Group Photo

Wyoming Chapter

The Wyoming Chapter elected Dave Bartlett in as president, DeLoyd Quarberg as VP and Jim Hastings Sec/Tres, Directors Mike Hastings and Steve Gleason at their January 10th meeting.

Phoenix in February

Register Online Now for the 2013 Arizona Ag Forum on February 22, 2013 at the Desert Willow Conference Center in Phoenix. Presenting experts include: Economist Jim Rounds of Elliott D. Pollack & Company; William Staudemaier, Water Law Specialist with Snell & Wilmer; Henry Provencio, Program Lead for the Four Forests Restoration Initiative; and Warren Prosser, Market Analyst for CattleFax. The afternoon session includes interactive presentations and panel discussions by AZ ASFMRA Chapter members on land value trends in Maricopa, Pinal, Yuma and Imperial Counties, as well as Mark Finley’s always insightful view of Southeastern AZ. Those will be followed by reports on Dairy, Ranch, Citrus and Commodity trends. Please note the new venue for the forum. This is a modern facility with terrific amenities including greater capacity, and it’s within hotel walking distance. For more information and to register, please visit the chapter website www.asfmraaz.com

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