AgCredit Said It

Host Phil Young interviews a group of young farmers at the 2024 Emerge Experience conference. The farmers discuss the challenges they face and talk about the importance of having a support system and collaborating with fellow farmers. The farmers mention their mentors, such as their grandfathers, and the value of learning from their experiences. They also discuss how they stay informed about the industry, including attending conferences, listening to podcasts, and using social media. To wrap it up, the farmers share their thoughts on the upcoming year, acknowledging the challenges of low crop prices and the need for careful budgeting and expense control.

Show Notes: https://www.agcredit.net/news/episode-56-insights-and-advice-young-farmers-2024-emerge-experience-conference

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In this episode of AgCredit Said It, host Libby Wixtead interviews Roger High, the Executive Director of the Ohio Sheep Improvement Association. High discusses his background in the sheep and wool industry and the various roles he has held throughout his career. He also talks about the diversity of the Ohio sheep industry, including commercial operations, purebred breeds, and the growing interest in confinement operations and solar grazing. High highlights the importance of involving young people in the industry and discusses the priorities of the Ohio Sheep Improvement Association for 2024, including membership, legislative advocacy, and education. He also mentions the challenges faced by sheep producers, such as predators and the struggling wool market. The episode concludes with a discussion on how the Ohio Sheep Improvement Association connects with the public through educational programs and events like the Ohio State Fair.

Show Notes: https://www.agcredit.net/news/episode-55-look-ohios-growing-sheep-industry-roger-high

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Host Brenna Finnegan is joined by Steve Reinhard, a board member for AgCredit and a farmer from Crawford County, Ohio. They discuss the Ohio Soybean Council and its function, which includes collecting checkoff funds from soybean farmers and using them for promotion, education, and research in the soybean industry. Reinhard also highlights various products made from soybeans, touches on the challenges facing soybean farmers, and the importance of farmers getting involved in leadership roles to shape the industry.

Show Notes: https://www.agcredit.net/news/episode-54-how-ohio-soybean-council-and-united-soybean-board-are-transforming-soybean-industry

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Host Phil Young interviews Luke Schrader of Schrader Real Estate & Auction Company to discuss farm real estate values, farm equipment values, auctions, and the future of the industry. Luke shares his background in the real estate and auction business and talks about the team at Schrader Real Estate & Auction. They discuss the current state of farm real estate values and the equipment market. Luke also talks about the growing trend of online auctions for equipment and they touch on the topic of buyer's premiums and offer advice for first-time buyers at auctions.

Show Notes: https://www.agcredit.net/news/s3-ep-53-farm-real-estate-auctions

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In this episode of AgCredit Said It, host Libby Wixtead interviews attorney Ryan Conklin about the different types of entities farmers can use to structure their farms. They discuss sole proprietorships, partnerships, LLCs, and corporations, and the benefits and drawbacks of each. They also touch on the importance of having an operating agreement or partnership agreement in place, as well as the role of entities in succession planning. They emphasize the need for farmers to communicate with their lenders and other advisors when setting up entities and making changes to their business structure. They also conclude with advice for young and beginning farmers to start early when it comes to setting up an entity.

Show Notes: https://www.agcredit.net/news/episode-52-dbas-corporations-decoding-farm-business-structures-ryan-conklin

Resources mentioned in this episode:

• Ep. 34: Farming Equipment on the Road: Common Questions Answered with Barry Thompson and Anthony Lester
• Leader Magazine - AgCredit's monthly newsletter
• AgStart - Financing for the next generation of farmers

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In this episode of AgCredit Said It, host Matt Adams chats with Bruce Clevenger and Eric Richer to discuss various programs and workshops offered by the Ohio State University Extension to support farmers in areas such as farm record keeping, farm management, grain marketing, and farm transition planning. They highlight the Farm On Farm Financial Management course, which is a self-paced online course designed for both seasoned and beginning farmers to improve their financial literacy and meet the requirements for the beginning farmer tax credit and USDA Farm Service Agency loans. They also discuss the Basics of Grain Marketing workshop, which provides farmers with a deep dive into grain marketing strategies and includes expert instructors and a panel of trading professionals. Additionally, they mention the Ohio State Organic Grains Conference and the farm transition planning workshops and webinars that address the important topic of transferring farm assets and navigating family dynamics. They emphasize the importance of these programs in supporting the success and sustainability of farm operations and encourage farmers to take advantage of the resources available to them.

Show Notes: https://www.agcredit.net/news/s3-ep-51-osu-extension-programs

Resources mentioned in this episode:

• Farm On: OSU Farm Financial Management Course - http://www.go.osu.edu/farmon

• Basics of Grain Marketing Workshop Feb 8-9, 2024 - https://farmoffice.osu.edu/grainmarketing/grain-marketing-workshop

• Ohio State Organic Grains Conference Jan 4-5, 2024 - https://offer.osu.edu/organic-grains-2024

• Planning for the Future of Your Farm Workshops - https://farmoffice.osu.edu/farm-transition

• AgCredit's 2024 Winter Webinar Series: Success on the Farm - https://www.agcredit.net/webinar

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It's the 50th episode of AgCredit Said It! In this milestone episode, the hosts get together to discuss their resolutions for the new year. Tune in to hear what suggestions each of our hosts has for farmers and how you can set goals and create plans to work towards success in your operation in the new year!

Show Notes: https://www.agcredit.net/news/ep-50-four-farm-related-resolutions-steal-new-year

Resources mentioned in this episode:

• Ep. 27: Long-Term Care and the Farm with Robert Moore

• Nationwide Land As Your Legacy Program

• Ep. 4: What are Year-End Balance Sheets and How to Build Them with Credit Analyst Joel Althauser

• Ep. 26: Cash Rents - Tips & Strategies for Mitigating Risk with Barry Ward

• Ep. 20: Six Tips for Young, Beginning and Starting Farmers from Zippy Duvall, American Farm Bureau President

• Ep. 9: Ten Types of Farm Insurance Coverage You Should Know About with Luke Lichtensteiger

• Ohio Farm Bureau and Nationwide Insurance

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AgCredit recently rolled out a new set of core values, mission statement, and vision statement, and in this episode, we're joined by Brian Ricker, CEO and President of AgCredit, and Sandy Musgrave, Chief Human Resource Officer with AgCredit, to talk about the process. Brian and Sandy share why the core values are important in guiding AgCredit's actions and culture, and provide a sense of purpose and focus for not only the organization but its employees as well. Tune in to learn more about each of the values and how farming operations can apply these same principles to their businesses.

Show Notes: https://www.agcredit.net/news/episode-49-power-core-values-brian-ricker-and-sandy-musgrave

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In this episode of AgCredit Said It, host Phil Young chats with Matt Reese and Dusty Sonnenberg of the Ohio Ag Net Podcast about the changing landscape of agricultural communication. They talk about the evolution of communication methods, such as print, radio, and web, and how each medium has its own unique impact and reach. They also touch on hot topics in agriculture, including the impact of Canadian wildfires on Ohio farmers and the importance of farmland preservation. Matt and Dusty also discuss how they stay up-to-date on current agricultural issues and the importance of providing timely and relevant information to the agricultural community.

Show Notes: https://www.agcredit.net/news/episode-48-cultivating-connection-conversation-matt-reese-and-dusty-sonnenberg-evolution

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In this episode of AgCredit Said It, host Libby Wixtead interviews attorney Ryan Conklin about farm accidents and the steps family members should consider in the event of an accident. Ryan discusses the importance of documenting an incident, notifying insurance agents, and ensuring human safety. Ryan also explains liability issues related to livestock running at large and offers advice on written farm leases.

Show Notes: https://www.agcredit.net/news/episode-47-navigating-farm-accidents-first-steps-take-ryan-conklin

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