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Current Farm Financial Status and Cash Rental Rates

November 12, 2015 2015 Crop Insurance Workshop Presentations

For additional information about this topic or any other questions regarding Kansas Farm Management, please see the following websites, or contact us at the phone numbers below. • …

Who Can Own Farm Data?

September 26, 2017 Precision Ag and Technology Articles

1 Who Can Own Farm Data? Terry Griffin (twgriffin@ksu.edu) Kansas State University Department of Agricultural Economics ‐ September 2017 In the previous article, the notion that farm data aggregated into a community truly fit the concept of ‘big data’ was demonstrated. For many agriculturists, the more important issue is data ownership. The question of who owns farm data goes back at least to the advent of precision agriculture in the 1990s. Data ownership, privacy, and security have cyclically been hot topics since then but have recently peaked with ‘big data’. When discussing ownership of physical goods such as commodities, machinery, and farmland, it is intuitive what ‘ownership’ means. Farm data does not fit many preconceived notions of ‘ownership’ like these physical examples. The legal perspective of farm data ownership has been addressed individually by Extension agricultural attorneys including Tiffany Dowell and Shannon Ferrell and at least one attorney in private practice, Todd Janzen. Complementing their work, I describe how economic principles apply to farm data that are digital and have very different characteristics than physical goods. Copies of digital data can be made at relatively zero cost and are indistinguishable from the original. Given that copies are identical to each other and the original, very minimal control exists over what happens to that data once copies have been made available to another party. Multiple entities (e.g. farmers, landowners, input suppliers, soil sampling services, aggregators, lenders, etc.) may have partial access to viable copies of the same farm data. Applying the economic principles of public goods versus private goods and excludability versus non‐ excludability helps to make this point. Ownership of private goods implies that the owner may exclude others from enjoying their property. Public goods are not privately owned and no one can exclude others from enjoying these goods. To fully understand this, the concept of “non‐rival” goods need to be considered and applied to farm data. Private goods are typically not ‘non‐rival’. Farm data are considered “non‐rival” because the consumption or usage of data by one person does not alter another person’s ability to consume or use that same data (see our recent paper for more details). Classic examples of non‐rival goods are books and movies; multiple people can read the same book without any loss of value to any other readers. Economic theory suggests that there is no loss of utility by the next person enjoying the same book. A recent paper described examples of agricultural non‐ rival goods as weather reports, commodity market information, and farm data. The value that the initial user receives from accessing data or information is not affected by another user accessing the same information. Multiple entities can consume farm data without diminishing the initial value enjoyed by the first or subsequent users of that data. Kansas State University Department Of Agricultural Economics Extension Publication …

The Changing Farm Debt Situation

December 19, 2019 Financial Management

https://www.ers.usda.gov/topics/farm-economy/farm-sector-income-finances/assets-debt-and-wealth …

April 13, 2020 Ag Law Issues

legislation – it’s the topic of today’s post. Change …

Exotic Game Activities and the Tax Code

August 24, 2020 Ag Law Issues

activities – it’s the topic of today’s post. Definition …

Farmland Lease Income - Proper Tax Reporting

November 13, 2020 Ag Law Issues

rental income – it’s the topic of today’s article. Reporting …

Agricultural Law Online