2014 Standard Mileage Rates | |
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IR-2013-95, Dec. 6, 2013
WASHINGTON - The Internal Revenue Service today issued the 2014 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Read more about 2014 rates.
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Ronald G. Kettle, ARA
Craig, Colorado
The ASFMRA was honored to welcome Ron into the membership in 1981. He joined the Society as a Professional member and then obtained his Accredited Rural Appraiser (ARA) designation and went to the Accredited membership classification in 1985. Read more about Ronald.
Robbin Peterson, ARA
Templeton, CA
The ASFMRA was honored to welcome Robbin into the membership in 2002. She obtained her Accredited Rural Appraiser (ARA) designation in 2008 and maintained her Accredited membership with the Society. As noted by Lorrain Friant, AFM, ARA, AAC "When I think of Robbin, I think of someone who was extremely adventurous, compassionate, and hard-working." Read more about Robbin.
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Events | |
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Summer Ed Week
July 13-17, 2014
Des Moines, IA
Leadership Institute
September 8-12, 2014
Washington, DC
AgroNomics - 84th Annual Meeting
Oct 27-Nov.1, 2014
Tucson, AZ |
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Contact Us
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American Society of Farm Managers and Rural Appraisers
950 South Cherry Street,
Suite 508
Denver, CO 80246-2664
TEL: (303) 758-3513
FAX: (303) 758-0190
www.asfmra.org
Staff Contact Info
Executive Council
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Welcome to the ASFMRA Ag News. We hope you will find it a useful tool for staying up to date with ASFMRA news, courses, seminars and critical information for rural property professionals. |
| What's Ahead for Land Values in 2014? |
 Our crystal ball again proved cloudy at the start of 2013 as we called for an increase in farmland values of 10% to 15%. That seemed like a cautious call in the wake of the 24% surge posted in Iowa in 2012 and the extraordinary prices being paid at auctions all across the Corn Belt. Login to Member Resources to download the latest issue of Kiplinger
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| As Congress bears down on the farm bill... |
 As Congress bears down on the farm bill...with a deal between House and Senate negotiators just days away and passage within a few weeks... lawmakers are poised to OK about the same total tab (around $950 billion over 10 years) they penciled in for the legislation more than seven months ago. Login to Member Resources to download the latest issue of Kiplinger Copyright 2013 The Washington Kiplinger Editors, Inc.
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An Editorial from The Ferguson Ag Report
Exactly one year ago, AgReport printed a front-page article entitled, "Grain Land @ $20,000 Per Acre." An Iowa farmer had just paid a "record" $20,000 per acre for some 74 acres of corn/soybean land which was located nearby. That probably qualifies as "old news" now since someone with either more money or credit-to-burn has very likely paid an even greater sum per acre for a much larger tract. Continue reading.
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| Accrual Accounting for Ag? |
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By Roy C.Ferguson II, CMC/CAC
Current IRS Regulations permit U.S. farms and ranches to use Cash Accounting for reporting their Taxable Income...unless they are structured as a C-corporation having Gross Receipts exceeding $1 million, or as a Family Corporation with Gross Receipts of more than $25 million. The key advantages include the flexibility of Accelerating Expenses to when actually paid as well as Deferring Income to when Cash is actually received in order to reduce Taxable Income to minimal levels. Continue reading about Accrual Accounting for Ag.
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Verify Your Information for the 2014 ASFMRA Membership Directory
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Deadline is January 15, 2014
It's that time of year again! Production is underway for the 2014 ASFMRA Membership Directory which is one of the Society's most valued benefits of membership. As we all know, the directory's value is only as good as the accuracy of the information in it.
Is your information correct and up to date? Here's how to make sure. Get more details on how to update your listing.
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2014 Membership Survey Closes January 15
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ASFMRA has so much going for it. We are experiencing a growth in younger members, an increase in interest in the designations, and strong support for our annual meeting and summer education week programs.
What we need now is more input from you to further help us refine what we offer. Please complete the annual membership survey to give your input for the future of ASFMRA! Read more about the survey.and what we do with the data.
Take the survey now: https://www.surveymonkey.com/s/2014_Membership.
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| ARA / RPRA 2014 Application Deadline: March 1, 2014 |
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For anyone planning to go for their ASFMRA Appraisal designation this year (ARA and RPRA only), time is winding down to get your application in to us! Please submit your application with your appraisal demo by the March 1, 2014. If you have any questions or concerns, please contact Debe Alvarez at dalvarez@asfmra.org or at (303) 692-1225. .
For a complete list of requirements for obtaining the ARA or RPRA designation, please click here for the ARA checklist, or here for the RPRA checklist.
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| Outlook improves for U.S. dairymen |
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From Capital Press
Lower feed costs in 2014 are improving the profit outlook for dairy producers, according to the December Livestock, Poultry and Dairy outlook by USDA's Economic Research Service. ERS forecasts the 2013/14 corn season average price at $4.05 a bushel to $4.75 a bushel - down from the average of $6.90 in 2012/13, according to the Livestock Marketing Information Center. The preliminary November alfalfa price slipped to $188 a ton, well below last year's November price of $215 per ton, according to ERS." On balance, dairy producers will likely face even lower feed prices next year compared with 2013," ERS reported. Dec. 30, 2013 Capital Press. Continue reading: http://www.capitalpress.com/article/20131230/ARTICLE/131239993/1019
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| Fend off California's drought menace |
The Press Enterprise
The first snow survey of 2014 took place last week and, as expected, the findings were dismal. Media outlets across the state covered this news, highlighting the record dry conditions that the state faces. With numerous low precipitation records being shattered it highlights the need for a reliable state water supply system - something The Press Enterprise editorialized on recently. Read more.
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Announcements from The Appraisal Foundation
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2014-15 EDITION OF USPAP NOW EFFECTIVE
The Appraisal Foundation, the nation's foremost authority on the valuation profession, announced that the 2014-15 edition of the Uniform Standards of Professional Appraisal Practice (USPAP) is now officially effective as of January 1, 2014. USPAP is the generally accepted standards of practice for the appraisal profession in the United States, and congressionally authorized for real estate appraisers. Get more information.
The Appraisal Foundation is pleased to announce that the Appraisal Standards Board (ASB) has issued the First Exposure Draft of proposed changes for the 2016-17 edition of the Uniform Standards of Professional Appraisal Practice.
Here is the Link.
Issued on January 7, 2014
Written comments requested by February 17, 2014
Send Comments to ASBComments@appraisalfoundation.org
Questions? Please contact Emily Mann, Standards Administrator, 202.624.3058
Call for Applicants
The Appraisal Foundation Seeks Candidates for
Vacancies on the Appraisal Practices Board
Application Deadline is March 10, 2014
The Appraisal Foundation has begun its annual search for qualified candidates to serve on the Appraisal Practices Board (APB). Completed applications for the vacancies must be received by March 10, 2014.
There are up to three vacancies on the board. Applications for the positions outlined above are now available on-line at The Appraisal Foundation's website at: https://appraisalfoundation.sharefile.com/d/s2c711c4e50642bb9.
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 Please let us know what you think of the ASFMRA Ag News. Is there anything else that you would like to see covered?
SIncerely,
Suzanne Gruba
American Society of Farm Managers & Rural Appraisers
The Most Trusted Rural Property Professionals
sgruba@asfmra.org
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