By Doug Carder
CALIFORNIA – A decision regarding the establishment of a Federal Milk Marketing Order for California could come in 2017, the U.S. Department of Agriculture said this week. The agency expects to make the transcript from the recently-completed public hearing available on its website by Jan. 1. After analyzing public comments, USDA will issue a final decision. If a marketing order is recommended, two-thirds of the dairy farmers covered by the proposed order would have to vote “yes” to enact it. The process is expected to take about 18 months to complete, USDA said.
OHIO – Low projected profit margins next year will likely restrict Ohio land values from increasing in 2016 and may cause land values to decrease, an Ohio State University ag economist said.
Ohio cropland values rose 3.5% in 2015, with bare cropland averaging $5,850/acre, said Barry Ward, production business management leader for Ohio State University Extension. Continued lower margins, together with the potential for higher interest rates, suggest farmland values will be lower in 2016.
WISCONSIN – The University of Wisconsin-Madison has been given the go-ahead by the state building commission to undertake a $34 million renovation of the Babcock Hall dairy plant to house the Center for Dairy Research, a Madison TV station reported Wednesday. The project is designed to provide a state-of-the-art production, teaching and research facility on campus. The project is expected to be completed with a combination of state funds and private donations, TV station WKOW reported.
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