The 2024 Farm Science Review offered a massive hub for all things farm and food related.
Ohio State University hosted a series of panel discussions this year. They brought in experts from the university to cover topics such as extreme weather resilience, climate smart solutions and farm margins.
Experts Barry Ward and Dr. Seungki Lee spoke with moderator Ian Sheldon about a number of concerns in the agricultural sector.
Input costs, profitability and competition overseas were big topics for discussion at the Tuesday panel.
Ward is the leader of production business management for OSU Extension. He said increased costs for farmland use are also a stressor in the Ohio ag sector.
"I think the younger farmers are going to be more at risk because they probably have a higher percentage of their total land based that's cash rented. So they're going to feel the pain more," he said.
They also highlighted the current stalemate in Washington on the Farm Bill reauthorization.
Ward said there is a lot of political back and forth on the Farm Bill.
鈥淲e are probably faced with, in this election year, no real progress until after the election," Ward said. "And I think even then, it's going to be contentious because either side has some significant priorities that the other side is not real crazy about.鈥�
Sheldon is the Andersons Chair in Agricultural Marketing, Trade and Policy. He also brought attention to comments from the Republican side of the Senate Appropriations Committee in regards to the Farm Bill.
"Lawmakers are considering attaching a package of farm income support to a farm bill extension that could be enacted at the end of the year," he said. "So this looks like a one-off set of payments to maybe ease the margin squeeze. But obviously, this is very dependent on being able to get this through both the Senate and the House side in Washington."
Audience Engagement
Audience members were encouraged to voice their own fears and trials. Questions regarding inflation, a