Ag News, August 28, 2012

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Farm Issues and Presidential Election Campaigns
Kiplinger Agriculture Letter

In presidential election campaigns…Farm issues typically don’t rank high on the list of concerns debated by the candidates. This year is no different. President Obama and his GOP challenger, Mitt Romney, are focusing on many issues important to farmers…the economy, taxes, government spending, etc. They’re less apt to discuss the details of farm programs, however.
Copyright 2012, The Kiplinger Washington Editors, Inc. Login to Member Resources to download the latest edition and read more.

Drought wilts farm income expectations, farm equipment demand

By Sara Wyant
© Copyright Agri-Pulse Communications, Inc

KANSAS CITY, August 15, 2012 – Drought conditions wilted farm income expectations during the second quarter, according to the Federal Reserve Bank of Kansas City’s quarterly Survey of Agricultural Credit Conditions.  The Tenth Federal Reserve District includes Colorado, Kansas, Nebraska, Oklahoma, Wyoming, the northern half of New Mexico and the western third of Missouri.

At the beginning of the quarter, participation in the southern portions of the District led to a rebound in winter wheat production and farm incomes. Yet, by the end of the quarter, intensifying drought conditions were cutting bankers’ expectations for farm income during the third quarter, according to the 241 bankers who responded to the survey. Read more:


Elections for the 2012-2013 Executive Council have been fulfilled in accordance with the ASFMRA Bylaws. As no additional nominations were received prior to the July 11th deadline, ballots were mailed to appropriate voting members for the position that had two nominees with due date of August 16th. Completed ballots were tallied and the nominee who received the highest number of votes was elected. Get complete details on the 2012-13 election results.

Who are the drivers of the global demand for US agricultural products?

Annual Meeting Update:  Speaker Spotlight and DuPont Pioneer Ag Tour
As you have probably seen by now, the list of speakers lined up for this year’s Annual Meeting is outstanding. With topics ranging from The Farm Bill to Global Agriculture, you won’t want to miss any of the program sessions on the schedule. This week we spotlight Dr. Michael Swanson, Senior Vice President/Agricultural Economist and Consultant with Wells Fargo & Company. Dr. Swanson, who will speak on the US and Global Perspectives on Investment and Land Markets, had this to say about his topic. “When it comes to agricultural production, it’s about the bushels not the acres. Too many farmers and investors are chasing the ‘easy’ deal.  Unsustainably high crop prices and low interest rates have made every acre a winner, but every acre is not a winner.  Investment discipline concerning within asset class is always more important than timing. Saying ‘they are not making any more land’ is the wrong attitude.  There’s plenty of land that’s underutilized outside the US.  Once it gets up and running, new foreign supply will be your toughest competitor.” Who are the drivers of the global demand for US agricultural products and what is their impact on the valuation of US agricultural assets. These questions and more will be answered by Dr. Swanson on Thursday, November 1st from 9:30 – 10:30 a.m.

The DuPont Pioneer Ag Tour is a highlight for many who attend the Annual Meeting each year. We thank our partners at DuPont Pioneer for continuing their sponsorship of this informative and enlightening agricultural experience. This year’s Ag Tour will visit DuPont Pioneer’s Rushville Production Plant; the impressive Indiana Downs racetrack and training facility; and Buck Creek Winery and vineyards. See the Conference Guide for detailed descriptions of the tour stops. The Ag Tour is on Wednesday, October 31st with check-in beginning at 7:00 a.m. Please remember that there is no charge for the tour but you must be registered for the Annual Meeting to sign up. The tour fills quickly so you are encouraged to register early!  Please direct any Annual Meeting questions to Cheryl Cooley at or call (303) 692-1215.

Special Report: Marketing Issues and Opportunities in Organic Agriculture
From the University of California Agricultural Issues Center Update, August 2012

Introduction by Karen Klonsky, ASFMRA Academic Member
Congress passed the Organic Foods Production Act (OFPA) in 1990, but the rules for implementing the law did not go into effect until October 2002. From that time forward, all agricultural commodities sold or labeled as organic must be in compliance with the national organic standards developed by the National Organic Program (NOP), created by OFPA and housed within the USDA Agricultural Marketing Service.
Read more:  Read other articles from this publication:

Members Can Now Enter Their Own Non-ASFMRA Education Online!

Wish you didn’t have to fill out those ASFMRA CEU Logs?
Wish there was one place you could track all of your education?
Wish there was an easy way to view your full ASFMRA Education record?
Well, it is no longer a dream. Do all of this anytime from any computer with an internet connection.
We have replaced the old paper CEU Log system with a new state-of-the-art online system.
Read more about how you can enter your own non-ASFMRA education online:

Chapter Directors for Annual Meeting

This year’s Annual Board of Directors Meeting will be held in Indianapolis on Tuesday, October 30, 2012 from 4:00 to 5:30 pm. Please read this Notice carefully and either e-mail or call Hope Evans at: or 303.692.1216 with any questions.

The current Board of Directors Roster is available for you to view on AgProLink. Here are instructions to login to AgProLink:
Go to:
Login: Your user name is your first and last name altogether, no spaces and your password is your member ID#
Go to:
●  Resources
●  Select All Libraries from drop down menu
●  Select Membership Library
●  Click on: Board of Directors Roster – Indianapolis October 2012
●  Select: Board of Directors Roster – Indianapolis October 2012

If your Chapter does not have a Director listed and you are interested in serving as your Chapter Director or Alternate, please contact your Chapter Secretary to let them know you are willing to serve in that position. All Chapters were requested to submit the names of the Director(s) from their Chapter to ASFMRA by July 1, 2012.

The Director(s) elected by the Chapter will serve a term from October 1, 2012 through September 30, 2013 which includes the Annual Board Meeting in Indianapolis. If your Chapter fails to elect its Director(s), then (according to the ASFMRA Bylaws) the following Chapter Officers shall serve as the Chapter Director(s) in the following order: President, President-Elect, Vice President, First Vice President, Second Vice President, Secretary, Treasurer, and Secretary-Treasurer.

Remember: Alternates for Directors must be named in advance. A Chapter Director must resign in writing before an Alternate can fill the Director’s position. Should the Chapter’s Director(s) not attend a Board Meeting, an “Alternate” cannot be self-nominated or appointed as the Chapter’s Director. However, if the current Director resigns his or her position a vacancy is created which the Chapter can fill. The Director will have to provide written evidence to Hope Evans ( of his or her resignation before the Alternate is allowed to serve as Director. The Chapter’s designated “Alternate” will then fill the vacancy created by the resigning Director. Once a designated Alternate(s) becomes the Chapter’s Director(s), the resigning Director(s) cannot return to office for that term.

Director proxies are not valid. Colorado law does not allow a Director to give a general proxy to a non-Director and only allows the grant of a specific proxy to another Director if the Bylaws so provide. ASFMRA Bylaws do not allow for such proxy voting by Directors. Therefore, it is imperative that your Director(s) are present at Board Meeting(s) or an Alternate Director is designated.

Online Dues Payment and Receipt Available

This is a reminder to take advantage of the member benefit that allows you to pay your dues and obtain a receipt on-line. The ASFMRA membership renewal dues invoices are being sent via e-mail according to your billing month. You can simply go to the ASFMRA Web site (, log in, choose Update Profile, from the drop down menu choose ‘Pay Bills Online’, click Go, and your ASFMRA renewal dues invoice will appear. Then select the items you want to pay, click ‘Pay Selected Invoices’, and complete the information. It is that easy!

Need a receipt? You can go to the ASFMRA Web site (, log in, choose Update Profile, from the drop down menu choose ‘Order History’, click Go, from the second drop down menu choose which one you want such as ‘Orders placed in the past 6 months’, click Go, and your ASFMRA orders within the time period you specified will be listed. Click on the ‘View’ on the right hand side of the order you want to see. Your receipt for that order will appear. There is also a Printer Friendly option you can click on and then print the receipt. There is nothing else you have to do. It really is that simple!

Remember: Your Username is your First and Last name altogether with no spaces and your Password is your member ID number. This information is also conveniently located at the bottom of your dues invoice in the Notes area.

THANK YOU for your continued support of the ASFMRA. If you have any questions about dues or membership, please contact Hope Evans at 303-692-1216 or e-mail at

Donate to The Auction Today!

Everyone believes their state is the best. Here’s your chance to brag on home and show everyone else that your home state is truly the best! The Education Foundation Auction Committee is looking for the “Best of the Your State”. Donations of all sorts are welcome, from baskets of goodies to vacations. Proceeds from the Auction go to support the Education Foundation and helps to create and/or update education for all members.
Please use the Auction Item Donation form to submit items for the Silent and Live Auctions. The deadline for submitting Auction items is October 16, 2012.

Auction items should be shipped to the Westin Indianapolis to arrive no later than Monday, October 29, 2012. Please address packages as follows:

ATTN: Hope Evans
c/o The Westin Indianapolis
50 S. Capitol Ave.
Indianapolis, IN 46204

Hold for: ASFMRA / Oct. 29 – Nov. 2
Catering/Convention Service Mgr: Rebecca Moore

For more information, visit the AgroNomics Web site or contact Hope Evans at (303) 692-1216 or

New Federal and California State Laws Regulations Course for Appraisers Set for October 3rd in Lodi, CA

The California Chapter is excited to offer a new course for appraisers that becomes a licensing requirement with the Office of Real Estate Appraisers in California beginning January 1, 2013. Federal & California State Laws & Regulations is a 4 hours class that will be offered on Wednesday, October 3rd in conjunction with the group’s Fall Meeting at Wine & Roses Hotel in Lodi, CA.  The chapter’s Annual Meeting and Installation/Awards Dinner will follow on Wednesday evening. On Thursday, October 4th, another new offering – the California Dairy Update: An Interactive Seminar – is scheduled. The seminar will include an on-site dairy facility tour in the morning followed by lunch and an afternoon with industry experts who will speak on regulations and environmental issues facing California dairies; the impact of the drought on feed and livestock; the forecast for California dairies; current lending issues and challenges; and appraisal issues in the dairy market. Download the Schedule and Registration Form or visit for more information. The California Chapter office can be reached by phone at (209) 368-3672. 

News from The Appraisal Foundation

The next public meeting of the Appraiser Qualifications Board (AQB) is approaching.  Please take the time to register for this meeting if you plan to attend.

Hyatt Regency Dallas
300 Reunion Blvd.
Dallas, TX 75207
Friday, September 14, 2012
9:00am – 12:00pm

Get complete info:

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. View the complete schedule of ASFMRA courses.

9/9-14  Leadership Institute – Washington, DC
10/28-11/2 ASFMRA 83rd Annual Convention & Trade Show (Agronomics) – Indianapolis, IN
8/27-30 A303 Income Approach for General Appraisers – Breckenridge, CO
8/27-29 Advanced Appraisal Exam Preparation Course – Denver, CO
8/30-31 ARA/RPRA Accreditation Exam – Denver, CO

9/4 Tech Tips for Managers and Consultants Webinar – Internet
9/6 Current Environmental Issues Seminar – Colorado Springs, CO
9/6-7 Colorado Chapter Fall Meeting and Education – Colorado Springs, CO
9/10-12 Requirements of UASFLA “The Yellow Book” – Denver, CO
9/11-13 COBRA – RICS International Research Conference – Las Vegas, NV
9/14 Appraiser Qualifications Board Meeting – Dallas, TX
9/18 Tech Tips for Appraisers Webinar – Internet
9/24 Ag Land Management 4 – Denver, CO
9/25-26 AFM/AAC Accreditation Exam – Denver, CO
9/27 7 Hour National USPAP Update Course – Austin, TX (FCB)
9/27 Best Practices for Rural Property Appraisals – Pasco, WA
9/27-28 Washington Chapter Fall Meeting & Education – Pasco, WA
9/29–10/2 LTA – Rally 2012 National Land Conservation Conference – Salt Lake City, UT

10/2-3 Wisconsin Chapter Fall Meeting – Tomahawk, WI
10/3-5 California Chapter Fall Meeting – Lodi, CA
10/7-10 ASA – International Appraisers Conference – Phoenix, AZ
10/10-12 Appraiser Qualifications Board Meeting – Washington, DC
10/10-12 Oregon Chapter Fall Meeting & Education – Grand Rondo, OR
10/11-12 A360 Introduction to Appraisal Review – Grand Rondo, OR
10/12 Appraisal Standards Board Meeting – Washington, DC
10/12 State Regulatory Advisory Group Meeting – Washington, DC
10/13-16 AARO 2012 Fall Conference – Washington, DC
10/14-16 American Bankers Association Annual Convention – San Diego, CA
10/17 SDSU Career Day – Brookings SD
10/17-20 NAIFA National Conference – Secaucus, NJ
10/18-19 RICS – Summit of the Americas – Miami Beach, FL
10/18-19 Dairy Appraisal Seminar – Brookings, SD
10/22-24 Basic Appraisal Approaches – Austin, TX (FCB)

11/1-3 Board of Trustees Fall Meeting – Portland, OR
11/4-7 National Agricultural Bankers Conference – Milwaukee, MI
11/7-9 NAFB 69th Annual Convention – Kansas City, MO
11/9-12 RLI – Realtors 2012 Conference and Expo – Orlando, FL

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