Ag News, June 12, 2012

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Response to “Another View of High Voltage Transmission Lines”
By James A. Chalmers, Ph.D.

High Voltage Transmission Lines and Montana Real Estate Values: Final Report (the “Chalmers Study”) was presented at a public forum at Montana Tech in Butte on April 17 of this year. This report is available online through MSU Extension at http://www.e3a4u.info/hvtl.cfm . Presentation of the study was followed by comments from a panel of real estate professionals including Mr. Kevin Pearce, ARA of Twin Bridges. Mr. Pearce made comments at that time which he followed up with a letter that was published in ASFMRA Ag News on May 15, 2012 and later in two southwestern Montana newspapers. Download the pdf and read the entire response from Dr. Chalmers.

Vineyard & Winery Valuation, Succession & Estate Planning at SEW

Introduction to Vineyard and Winery Valuation
This course provides an introduction to vineyard and winery valuation concepts and methodologies. Students will learn about the different growing regions within the U.S., as well as general terminology, growing conditions, and consumer trends. 

Succession and Estate Planning
Our presentation will empower you to help your clients understand their current succession and business plan and how it relates to where they want to end up.
For Complete info on Summer Ed Week or to register: http://portal.asfmra.org/Scripts/4Disapi.dll/4DCGI/events/7940.html?Action=Conference_Detail&ConfID_W=7940

ASFMRA Annual Meeting – Plan Now for Indy October 29 – November 2

Be sure the dates are on your calendar as ASFMRA is gearing up for AgroNomics, Vision 2013 and the 83rd Annual Meeting of ASFMRA. We encourage you to plan to be in Indianapolis for this key event the society offers just once a year. Exceptional programming, networking and new product introductions are just a few of the highlights. The annual meeting is the place to complete continuing education requirements, hear from top notch speakers on key industry topics and network with professionals from across the country. It is much more than a meeting…it is OPPORTUNITY!  Preview the AgroNomics Program Schedule and all that the conference has to offer at www.agro-nomics.org . Then watch for registration to open later this summer.
URL for Brochure: http://www.agro-nomics.org/Program.htm

Meetings to update California growers on groundwater program
ESJWQC

The East San Joaquin Water Quality Coalition (ESJWQC) has scheduled three meetings to update its members and local growers about new proposed regulations covering groundwater and nitrates.  Attending each meeting will be Regional Water Board staff who will describe new requirements expected to be adopted in October 2012.
Read the entire article on the Western Farm Press Website: http://westernfarmpress.com/irrigation/meetings-update-california-growers-groundwater-program

Euro-Zone Woes Boost Dollar, Signal More Caution May Be Due
LandOwner Newsletter

As new fears over a euro-zone crisis rose this year, investors rushed to buy the U.S. dollar in search of relative safety versus whatever calamity may eventually occur in Europe and a rush to exit euro-based investments. While the U.S. economy is weak and the federal financial situation is a mess, the U.S. is still considered the “prettiest house in a bad neighborhood” compared to the uncertainty of Europe.
Login to Member Resources to download the latest issue of LandOwner. http://portal.asfmra.org/Scripts/4Disapi.dll/4DCGI/cms/review.html?Action=CMS_Document&DocID=27&Time=548994995&MenuKey=123

Nominations for Annual Meeting Awards

Take advantage of the opportunity to nominate a fellow member and/or co-worker for the 2012 ASFMRA Membership Awards. All ASFMRA members are invited to submit names of individuals who are standouts in the profession. This is your Society and no one knows better than you who deserves special recognition for what they bring to both the organization and to the profession. Who are the leaders?  Who stands out as the go-to person?   Which of your fellow members are outstanding in their community, their profession, and their chapter?

We would like to ask everyone to take advantage of the opportunity to nominate a fellow member or members for the 2012 ASFMRA Membership Awards.  This is your Society and no one knows better than you who deserves special recognition for what they bring to both the organization and to the profession.

Nominations may be made on-line at http://www.asfmra.org/agronomics-2012/awards-nominations/.  You may also download the nomination forms at www.agro-nomics.org/Awards.htm.  Take a few minutes to view the various award descriptions, and sort through your mental rolodex for deserving nominees. ASFMRA members may be nominated for

• Appraisal Professional of the Year
• D. Howard Doane
• Carl F. Hertz Distinguished Service
• Early Career
• Meritorious Service in Communications

The deadline for all ASFMRA nominations is July 31, 2012. All awards will be presented at a special ceremony during the society’s 83rd Annual Meeting in Indianapolis, IN this October.

Welcome New and Reinstated Members

Thank you for being a part of the ASFMRA! Help the ASFMRA welcome our new and reinstated members. The ASFMRA appreciates every member for choosing the Society as the association you desire to affiliate with. The ASFMRA continues to make every effort to offer member services which will be of benefit to you professionally and personally.

We are recognizing new and reinstating members of the Society on a monthly basis. You may recognize your fellow peers in the following list and we encourage you to welcome them into the membership of the ASFMRA.

New Members
John Albright with Albright Appraisal Consulting in Winamac, IN (Indiana Chapter)
Denise Martinka with Kokel-Oberrender-Wood Appraisal, LTD in Georgetown, TX (Texas Chapter)
Jennifer Riethman with Farm Credit Mid America in Celina, OH (Ohio Chapter)
Andrew Rollins with Kokel-Oberrender-Wood Appraisal, LTD in Georgetown, TX (Texas Chapter)
Andrew Warner with GeenStone Farm Credit Services in East Lansing, MI (Michigan Chapter)

Reinstated Members
Mario J. Del Curto, ARA with American Property Appraisers & Consultants in Socorro, NM (New Mexico Chapter)
Marty Tubbs, AFM with International Farming Corporation in Cleveland, MS (Mid-South Chapter)

Thank you for completing the Publications Survey
A big thank you goes out to all of you who took the time to complete the publications survey this past month. We appreciate all the good feedback you gave us and are looking for ways to put that into effect. Look for responses to many of your questions and comments in the next few months.

Chapter News

CA Chapter Offers Education for Managers and Consultants

The California Chapter will offer two days of Management Education June 28 & 29 in Fresno. The interactive training sessions are made up of education modules selected from the ASFMRA Ag Land Management program and are geared toward topics and skills used in day to day business. Project Management, Professionalism, Effective Negotiating, Budgeting, Principles of Leasing and Business Contracts are among the modules being presented. The cost is just $199 per day and includes Continental Breakfast, Lunch and all course materials. See www.calasfmra.com for complete details and on-line registration or call (209) 368-3672 for more information.

In Memory
Joe Bittenbinder
Waco, TX

The ASFMRA was honored to welcome Joe into the membership of the ASFMRA in 1976. He was a Professional member until 2007 when he transferred to the Retired classification. We have just learned of Joe’s passing. Please click here to view the obituary on Joe Bittenbinder. Our thoughts and prayers are with his family.

Updates and Announcements from The Appraisal Foundation

The Appraisal Foundation Seeks Candidates for
Vacancies on the Appraiser Qualifications Board and
Appraisal Standards Board
Application Deadline is August 1, 2012
FOR IMMEDIATE RELEASE
May 29, 2012
Contact:
Paula Douglas Seidel
Executive Administrator
The Appraisal Foundation
paula@appraisalfoundation.org
direct phone 202.624.3048

For complete info: http://a.uh3.mailsomemail.com/new/en_send_preview_iframe2.aspx?SID=0&SiteID=933&NewsletterID=824590&EmailID=97575054&HitID=1338324765728&token=c25ada9413b7cf583142eac9a311a7328de93a73

The next public meeting of the Appraisal Standards Board

Location:
Embassy Suites
Denver Downtown Convention Center
1420 Stout Street
Denver, Colorado 80202
Friday, July 13, 2012
9:00 a.m. – 12:00 p.m.
The Appraisal Standards Board (ASB) is moving forward with its work plan to examine potential revisions for the 2014-15 edition of the Uniform Standards of Professional Appraisal Practice (USPAP). 
Among other potential revisions to USPAP, the Board continues to examine changes necessary to address Communication and Reporting, Reporting Options, Retirement of STANDARDS 4 and 5, as well as other revisions and additions as needed to ensure clarity and relevance.
The Board intends to publish the First Exposure Draft of proposed revisions to the 2014-15 edition of USPAP prior to the end of May 2012, and will be accepting written comments through June 29, 2012.  In addition, the Board will be accepting oral comments at this public meeting.

LODGING ACCOMMODATIONS:
You may make a reservation with the Embassy Suites, 1420 Stout Street, Denver, CO 80202 by contacting them directly at 720-587-0957.  Please note that The Appraisal Foundation no longer reserves “room blocks” for meeting attendees.  Therefore, meeting attendees are responsible for making their own lodging arrangements at the best available rates.
Click Here to register: https://netforum.avectra.com/eWeb/DynamicPage.aspx?Site=TAF&WebCode=EventDetail&evt_key=3463583b-7b72-4061-9b6e-ae4dd1da8306&msm=45fc22a0-f53f-4f93-a093-5842adb374e7&cst=d0cfec22-1ce7-4654-8d2b-7f630b2a6df0&ent=71059bb6-7ec7-434a-a4c2-cd5676e704df
(Login Required)
Your online registration will assure proper seating at the meeting.

For technical support, contact Abhilash Rajan at 202.624.3054, Abhilash@appraisalfoundation.org.

Standards Administrator:  Emily Mann, 202-624-3058, Emily@appraisalfoundation.org.

Solicitation for Subject Matter Experts (SMEs)

The Appraisal Practices Board (APB) has issued the following Solicitation for Subject Matter Experts (SMEs) to assist in the research and development of voluntary guidance on Valuing Contingent Consideration.
The SME panel chosen to address this topic will accomplish its goal by, at a minimum, gathering, citing and researching all existing literature and publications.
For more information on the background and qualifications required to be considered for the Subject Matter Expert panel, please see the SME application at the following link:  

https://appraisalfoundation.sharefile.com/d/sbc7c87ed9fb4a45b

Completed applications must be submitted by August 6, 2012. 

Update Your Calendars with the Latest Meetings and Education Schedule

Stay current with all the programs and activities taking place within ASFMRA and the industry. Bookmark the ASFMRA website and check the calendar regularly. Click here to view the complete schedule of ASFMRA courses.

NATIONAL OFFERINGS
7/16-20  ASFMRA Summer Education Week – Des Moines, IA
9/9-13  Leadership Institute – Washington, DC
10/28-11/2 ASFMRA 83rd Annual Convention & Trade Show (Agronomics) – Indianapolis, IN

JUNE
6/TBA North Dakota Chapter Summer Meeting & Education – Fargo, ND
6/10-13 Wyoming Chapter Meeting in Conjunction with Ag Lender’s and Appraiser’s Range Camp – Gillette, WY
6/12-13 Administrative Review of Appraisals – Austin, TX (FCB)
6/20 Cost Approach Seminar – Luverne, MN
6/21 Ohio Chapter Summer Meeting – Lancaster, OH
6/21-22 Minnesota Chapter Summer Tour & Education – Luverne, MN
6/21-22 Mid-South Chapter Annual Meeting & Education – Greenwood, MS
6/21-22 Best Practices for Rural Property Appraisals – Greenwood, MS
6/25-28 A304 Integrated Approaches to Value – Denver, CO

JULY
7/TBA Nebraska Chapter Summer Meeting in Conjunction with Syngenta – York, NE
7/TBA Kentucky Chapter Summer Meeting – TBA
7/13 Appraisal Standards Board Meeting – Denver, CO
7/16 Introduction to Vineyard & Winery Valuation – Des Moines, IA
7/16 Succession and Estate Planning – Des Moines, IA
7/16-18 Ag Land Management 1 – Des Moines, IA
7/16-18 Ag Land Management 2 – Des Moines, IA
7/16-18 Ag Land Management 3 – Des Moines, IA
7/16-19 A303 Income Approach for General Appraisers Part 1 – Des Moines, IA
7/17 Going Concern Value and Intangible Assets – Des Moines, IA
7/17 Risk Management, Market Outlook and Insurance – Des Moines, IA
7/18 Appraising Natural Resources – Des Moines, IA
7/18 Emerging Technologies and Issues – Des Moines, IA
7/19 ASFMRA Best in Business Ethics Class – Des Moines, IA
7/20 Preparing for DODD-Frank: Appraisal, Management, & Review – Des Moines, IA
7/25-27 Kansas Chapter Summer Meeting & Education – Seneca, KS

AUGUST
8/1 Sales Comparison Approach – Perry, GA
8/2 Appraisals Through the Eyes of the Reviewer – Perry, GA
8/2 Georgia Chapter Meeting – Perry, GA
8/7-8 Valuation of Intangible and Non Financial Assets – Austin, TX (FCB)
8/16-17 Illinois Chapter Summer Tour – Champaign, IL

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