the future of agricultural law a generational shift
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The Future of Agricultural Law : A Generational Shift Nothing - PowerPoint PPT Presentation

Aug 24, 2023 •332 likes •487 views

Shannon L. Ferrell, OSU Department of Agricultural Economics Derrell Peel, OSU Department of Agricultural Economics Derrick Davies, Shareholder Harrison & Mecklenburg, Inc. Robyn Baker, Associate Harrison & Mecklenburg, Inc.

  1. Shannon L. Ferrell, OSU Department of Agricultural Economics Derrell Peel, OSU Department of Agricultural Economics Derrick Davies, Shareholder Harrison & Mecklenburg, Inc. Robyn Baker, Associate Harrison & Mecklenburg, Inc. Harrison & Mecklenburg, Inc. The Future of Agricultural Law : A Generational Shift

  2. Nothing endures but change. Heracleitus (540 B.C. – 480 B.C.)

  3. Federal Register Page Count 2011: 82,129 Source: Federal Register (1936-2011) Federal Regulatory "Density" - Pages in Each Annual Volume of the Federal Register 100000 90000 80000 70000 60000 Pages 50000 40000 30000 20000 10000 0 1936 1939 1942 1945 1948 1951 1954 1957 1960 1963 1966 1969 1972 1975 1978 1981 1984 1987 1990 1993 1996 1999 2002 2005 Year

  4. The “New Normal” of the Policy and Advocacy Environment

  5. World Population through 2050 Source: Population Division of the Department of Economic and Social Affairs of the United Nations Secretariat (2007)

  6. Trends in Food Consumption Source: U.N. Food and Agricultural Organization (2002)

  7. Prices Paid by Farmers Index Source: USDA-NASS Agricultural Prices (September 27, 2012)

  8. Prices Received by Farmers Index Source: USDA-NASS Agricultural Prices (September 27, 2012)

  9. Average Farm Real Estate Value Source: USDA-NASS Land Values 2012 Summary (August, 2012)

  10. 2012 Farm Real Estate Values: $/ac and % change Source: USDA-NASS Land Values 2012 Summary (August, 2012)

  11. Overall Population Age Distribution Source: U.S. Bureau of the Census, Age and Sex Distribution 20120 Census

  12. 100% 80% 45-54 years 55-64 years 65-74 >74 years 2007 2002 1992 1982 <25 years 60% 25-34 years 40% 20% 0% 28 27 22 15 6 2 35-44 years Iow a Farmland Ow nership by Age Source: Iow a State University Extension (Duffy and Smith, 2008) 55%

  13. Perspectives for the closely-held farm business Family Business Legacy Assets

  14. Shannon L. Ferrell, OSU Department of Agricultural Economics shannon.l.ferrell@okstate.edu Derrell Peel, OSU Department of Agricultural Economics derrell.peel@okstate.edu Derrick Davies, Shareholder Harrison & Mecklenburg, Inc. derrick@hmlawoffice.com Robyn Baker, Associate Harrison & Mecklenburg, Inc. robyn@hmlawoffice.com THANKS!

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