Ag News, July 24, 2012

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Discover why Data is being called the New Cash Crop

October is just around the corner and registration is now open for AgroNomics, Vision 2013 & the 83rd Annual Meeting of ASFMRA. You won’t want to miss the chance to visit the thriving city of Indianapolis at what promises to be a beautiful time of year. The Westin Indianapolis is located in the heart of downtown with restaurants, sightseeing and shopping just steps from the hotel!

 This year’s meeting promises an outstanding agenda with program sessions that are targeted to what is going on in the business world today. With a record number of speakers (more than 30!) , the brain power behind this year’s schedule is hard to beat…

 Learn what’s ahead for global agriculture
 Gain both US and global perspective on investment and land markets
 Understand the increasing role of institutional investors in farmland
 Discover why data is being called the new cash crop
 See what lies ahead for farmland values
 Appreciate the implications of the upcoming election on agriculture

The Rapid Fire Appraisal Session will be back as will the DuPont Pioneer Ag Tour, the Education Foundation Auction, and much more.  Be sure to sign up for the conference welcome dinner at the NCAA Hall of Champions!

 Year after year, ‘Networking’ is cited as a main reason for attending this conference. Plan to join us in Indianapolis and take advantage of the single best opportunity to connect with investors, fund managers and the real property experts of the American Society.

AgroNomics, Vision 2013 & 83rd Annual Meeting of ASFMRA
October 29 – November 2
Westin Indianapolis Hotel
Indianapolis, IN

Register now >
View the website >
See the schedule >
Make hotel reservations >

July 31st Deadline for Awards Nominations

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  You may also download the nomination forms at  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.

Handmade Oak & Hickory Rocker, Weekend in NYC & More

THANK YOU to the Mid-South Chapter for donating a Greg Harkin’s hand-made oak and hickory rocker for the 2012 Auction in Indianapolis, Indiana. Greg Harkin signs and dates his work. The chairs are heirlooms and have been presented to President Reagan and President George W. Bush.

THANK YOU to the Montana Chapter for donating two business card holders with the ASFMRA logo which is crafted by Montana Silversmiths.

THANK YOU to the Northeast Chapter for donating the winner’s choice of either a weekend in New York City with a personal tour guide or two days at the Saratoga race track with clubhouse seats plus a night in Saratoga.
It is vision and participation such as this that makes the Auction a success and allows the Society of develop top-qualify education. With the 2012 Annual Meeting in Indianapolis this year, it will be conveniently located so that many members who have not attended in the past should be able to do so. Indy will be a reasonable drive for many members and those who have not attended before should find it to be well worth the trip. The fellowship, networking, education, and fun are top-notch and provide a very enjoyable but profitable experience.
Make your donation to the Auction today by simply completing the Auction Donation form and returning it to Hope Evans by either e-mail at:, by fax at: 303.758.0190, or mail to the National office at: ASFMRA; 950 South Cherry Street; Suite 508; Denver, CO 80246. Remember: Your donation is tax deductible. Thank you for making the Auction the success that it is!

USDA seeks nominees for Cotton Board positions

The U.S. Department of Agriculture is asking certified producer and importer organizations to nominate candidates to serve on the Cotton Board.

USDA is seeking nominees to fill eight member and eight alternate member positions for vacancies in Arizona, Georgia, Texas, and for importers with terms ending Dec. 31, 2015. 
Read more on the Western Farm Press website:

EPA pulls back farm database proposal
National Pork Producers Council

The U.S. Environmental Protection Agency withdrew a proposed rule that would have required large livestock and poultry farmers to report information about their operations and undermined court decisions related to producer obligations under the Clean Water Act, a move applauded by the National Pork Producers Council.
Read the entire article:

Another Record Almond Crop Expected
Growing Produce

California’s 2012 almond production is forecast at a record 2.10 billion meat pounds, up 5% from May’s subjective forecast, and 3% above last year’s crop. The forecast is based on 780,000 bearing acres.
Read more:

New California groundwater quality regs will be costly
By Harry Cline 

The other water quality regulatory shoe is dropping on California agriculture, and it could be very costly, casting a net over just about everyone who farms in the state.

 Since 2003, the State Water Resources Control Board and nine regional water quality boards have focused on protecting the surface waters of the state’s 9,500 miles of rivers/streams and 513,000 acres of lakes/reservoirs from pollutants.
Read more:

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
Meeting Agenda:

-Implementation of Adopted Revisions to the Future Real Property Appraiser Qualification Criteria
-Proposed Revisions to the Personal Property Appraiser Qualification Criteria
-Activities of the Course Approval Program
-National Licensing and Certification Examinations    
-Undergraduate/Graduate Degree in Real Estate Review Program
For complete info or to register:

Discussion Draft – The Valuation of Customer-Related Assets

Issued on June 5, 2012
Written comments requested by July 31, 2012 
Send Comments to:
Questions on the Discussion Draft?  Please contact Paula Douglas Seidel, Executive Administrator, at 202.624.3048.
Seeking Subject Matter Experts for Valuing Contingent Consideration

The APB has issued a Solicitation for Subject Matter Experts (SMEs) to assist in the research and development of voluntary guidance on Valuing Contingent Consideration.  Completed applications must be submitted by August 6, 2012.
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:

Questions on the SME Panel or the APB?  Please contact Staci Steward, Practices Administrator, at 202.624.3052.

Mystery! The Un-Comfort Zone by Robert Evans Wilson, Jr.

The next hatbox I pulled off the top shelf of the closet nearly tipped me off the ladder. It was the weight that surprised me; it was far too heavy for just a hat. As I regained my balance, I wondered why this one weighed more than the others. I set it on the vanity and started untying the strings.

I was curious if it would reveal any secrets about my mother, although I wasn’t expecting too much. All the other hatboxes contained… well, actual hats. Women’s hats from the 1950s and 60s with velvet, lace, feathers, and fur. It was a bittersweet nostalgia trip as my family inventoried the contents of my mother’s house. She had passed away six months earlier.
Read the entire article:

Women in Agribusiness Summit

September 16-17, 2012 New Orleans, LA
For 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. Click here to view the complete schedule of ASFMRA courses.

9/9-13  Leadership Institute – Washington, DC
10/28-11/2 ASFMRA 83rd Annual Convention & Trade Show (Agronomics) – Indianapolis, IN

7/25-27 Kansas Chapter Summer Meeting – Seneca, KS
7/31-8/1 Preparing for Dodd-Frank: Appraisal, management & Review – Pierre, SD

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)
8/15 Using Excel in Specified Appraisal Applications – Champaign, IL
8/16-17 Illinois Chapter Summer Tour – Champaign, IL
8/27-30 A302 Sales Comparison Approach for General Appraisers – Louisville, KY
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
9/10-12 Requirements of UASFLA “The Yellow Book” – Denver, CO
9/14 Appraiser Qualifications Board Meeting – Dallas, TX
9/18 Tech Tips for Appraisers Webinar – Internet
9/24-25 Ag Land Management 4 – Denver, CO
9/26-27 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

10/2-3 Wisconsin Chapter Fall Meeting – Tomahawk, WI
10/10-12 Appraiser Qualifications Board Meeting – Washington, DC
10/11-12 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
10/18-19 Dairy Appraisal Seminar – Brookings, SD
10/22-24 Basic Appraisal Approaches – Austin, TX (FCB)

11/9-12 RLI – Realtors 2012 Conference and Expo – Orlando, FL

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