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  1. #1
    Join Date
    May 2003
    Location
    Farmington, New Mexico
    Posts
    5,999

    Default Average fair market value of hive = $200

    The government has established the value of a hive to be $200. I didn't know that.




    Honeybee Hive Loss Payments

    Payments for honeybee hive losses are based on the average fair market value of honeybee hives in the calendar year in which the loss occurs, as established by FSA. For 2008 and 2009 honeybee hive losses, FSA has established an average fair market value of $200 per honeybee hive. The 2008 and 2009 ELAP payments for honeybee hive losses will be based on 60 percent of the result of multiplying:

    … number of honeybee hives lost due to an eligible adverse weather or loss condition, times;

    …$200, average fair market value per honeybee hive.

    http://home.ezezine.com/1636/1636-20...1.archive.html
    Nobody ruins my day without my permission, and I refuse to grant it...

  2. #2
    Join Date
    May 2008
    Location
    Fresno California USA
    Posts
    2,498

    Default Re: Average fair market value of hive = $200

    Looks as though that is in the case of loss of colony AND hive, or equipment.

    For colony loss, they have set a fair market value at $60.

  3. #3
    Join Date
    Feb 2009
    Location
    Blair,WI,USA
    Posts
    2,542

    Default Re: Average fair market value of hive = $200

    Looks like a few beekeepers will be getting there out of line over priced bailout
    after all. Does the FSA realize that it's just the bees that die not the hive bodies also. I know that the loss of honey production isn't included in this price because that is a seperate claim for crop loss. My pocket book wishes I would have followed through with my loss claim but my conscious know's better.
    Leer Family Honey Farm-Shannon Leer

  4. #4
    Join Date
    May 2009
    Location
    Waynesville, Missouri
    Posts
    209

    Default Re: Average fair market value of hive = $200

    Is this for taxes or for commerical beeks? I already file farm but my tax guy wasn't quite sure how to do the bee thing on the taxes. I wasn't either. Last year wasn't a big deal but I have more this year so I'll want to add that. If you lose a hive over the winter can you take that off of your taxes? I wondered if it was like our cattle. If we lose a cow we bought we can deduct her cost but if it was one we raised we can't deduct b/c we are already deducting the feed costs to feed her.
    Human natural selection= just take the safety labels off of everything and let the problem solve itself.

  5. #5
    Join Date
    Mar 2010
    Location
    Motley County, Texas
    Posts
    508

    Default Re: Average fair market value of hive = $200

    So let me get this straight...

    If your hives dies out over the winter, then you get only $60.00 but if a flood or something like that takes the whole hive, wood and all, you get the $200.00?

    Is that right?

  6. #6
    Join Date
    May 2008
    Location
    Fresno California USA
    Posts
    2,498

    Default Re: Average fair market value of hive = $200

    If you can document your losses, and are eligible, you would receive 60% of those figures, after deducting 17.5% from your count for normal attrition.

    It is not easy to meet FSAs requirements, they want a lot of documentation, and at least in Fresno they are scrutinizing the applications closely for fraud.

  7. #7
    Join Date
    May 2003
    Location
    Farmington, New Mexico
    Posts
    5,999

    Default Re: Average fair market value of hive = $200

    I just thought it interesting. Of course, there are more questions than answers and for the most part the actual program only impacts commercial beekeepers who keep good records. As a benchmark the $200 seems to be in the ballpark. That is if your ballpark is a single deep with a medium super on top that was just extracted.

    I'm wondering if a 5 frame cardboard nuc that washes away in a flood is the same as a double deep.
    Nobody ruins my day without my permission, and I refuse to grant it...

  8. #8
    Join Date
    May 2008
    Location
    Fresno California USA
    Posts
    2,498

    Default Re: Average fair market value of hive = $200

    Sounds like what you are really wondering is if FSA is going to pay out the same for the nuc as for a double. Only if you lie about and they believe you.

    FSA is not going to give anything away. If you think they are, go in and start the process. You will soon find that your principles and conscience won't allow you to participate.

  9. #9
    Join Date
    May 2009
    Location
    Manhattan,Montana,USA
    Posts
    359

    Default Re: Average fair market value of hive = $200

    just remember anything you take from uncle sam someone will pay for it probably at least 3 fold. and the someone is probably your kids. nothin in this life is for free.

  10. #10
    Join Date
    Jan 2009
    Location
    Weston, ME
    Posts
    567

    Default Re: Average fair market value of hive = $200

    You can also look at it as the more you take from "unlce sam" the less they have to make new programs up.
    Everyone takes some sort of government benifit - most just don't recognise it.

    But as said, nothing in life is free - that includes salvation.

    Mike

  11. #11
    Join Date
    May 2003
    Location
    Farmington, New Mexico
    Posts
    5,999

    Default Re: Average fair market value of hive = $200

    Quote Originally Posted by Tom G. Laury View Post
    Sounds like what you are really wondering is if FSA is going to pay out the same for the nuc as for a double. Only if you lie about and they believe you.

    FSA is not going to give anything away. If you think they are, go in and start the process. You will soon find that your principles and conscience won't allow you to participate.


    What I was wondering is what the government definition of a $200 "hive" is.
    Nobody ruins my day without my permission, and I refuse to grant it...

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