Conference on Farm Transfer and Management Set For Feb. 15, 16

A two-day conference on Farm Transfer and Management is scheduled for Feb. 15 and 16 at the Double Tree by Hilton in DeWitt, east of Syracuse.

The conference, put on by NY FarmNet, will include discussion and education about how to manage the risks of farm business transfer, such as:

** Human Resource Management
** Strategies for managing the agricultural market
** Crop insurance options for your farm
** Developing a risk management plan for your farm

Gary Schnitkey will give the keynote address. Schnitkey, a professor and farm management specialist in the Department of Agricultural and Consumer Economics at the University of Illinois, focuses on farm and risk management, specifically crop insurance evaluation, and aiding farmers in understanding the risk and return tradeoffs of different crop insurance policies. 

Admission to the conference is free as are all meals and materials. Hotel accommodations are NOT included. Travel scholarships are available for veterans.

Tickets are available at https://www.cvent.com/events/farm-transfer-management-conference-risk-management-in-new-york-agriculture-in-an-age-of-uncertainty/registration-568bd06cdec04e988f3b7f1938e42de6.aspx this link.

You also can register at http://bit.ly/farmtransfer at this link. Registration does not include hotel reservations.

Also sponsoring the conference are Farm Credit East, the U.S. Department of Agriculture, Cornell University's Dyson School of Applied Economics and Management, Cornell's College of Agriculture and Life Sciences and Ag Analytics.

 

 

Organic Landscape and Turf Management and Farm Transitioning Courses Set

Two courses are coming up soon in the north country.

A webinar about organic options for landscape and turf management is set for 4:45 to 7:15 p.m. Thursday, Jan. 29 at Cornell Cooperative Extension, 2043 Route 68, Canton. To register, call 379-9192 or email Paul Hetzler at ph59@cornell.edu.
 
A course about farm transition called “Managing for Today and Tomorrow: Farm Transition Planning,” for farm women is scheduled for 10 a.m. to 2 p.m. Tuesdays Feb. 10 through March 10, at the Cornell Cooperative Extension Learning Farm, 2043 Route 68, Canton. 

The cost is $75 per person which includes a workbook and lunch. The program is limited to 15 people. 

To register, call or email Kimberley Morrill, 379-9192, kmm434@cornell.edu or go to pub.cce.cornell.edu/event_registration/main/events.cfm, prior to Friday, Jan. 30.

Program Oct. 30 on Farm Transfers

Have you registered yet?

There is a program coming up Oct. 30 about http://www.extendonondaga.org/events-10/farm-transfer-planning-planning-your-farms-future/?utm_source=October+15+Update&utm_campaign=Enews+Marketing&utm_medium=email farm transfers being put on by FarmNet and Cornell Cooperative Extension of Onondaga County.

Farm Succession Planning Conference Set for Sept. 24-25

Remember to sign up by Sept. 12 for this important conference.

Register by Sept. 12 for Conference on Farm Transfers

News from NY FarmNet:

This isn’t your grandpa’s farm transfer.

Farm succession now requires legal, tax and business strategy.

Industry professionals and farmers will offers tips for transferring farm ownership to the next generation at a conference, “New Strategies for Farm Succession Planning,” slated for Sept. 24-25 at the New York State Fairgrounds in Geddes, just west of Syracuse.

Registrations are due Sept. 12.

“Over the years, the farm transfer process has become increasingly complex. At the same time, farmland values continue to appreciate. These factors make it necessary for farmers to have in place innovative strategies to ensure a successful transition in ownership and keep the farm in agriculture,” said Ed Staehr, executive director of NY FarmNet and a senior extension associate with the Dyson School at Cornell University.

NY FarmNet organized the conference in light of the growing number of requests from farmers faced with how to successfully keep the farm business going under new management of the next generation of operators – from within, and outside, the farm family.

NY FarmNet provides free and confidential technical assistance in farm financial matters, including farm startup, business planning, developing financial statements, debt restructuring, and more. NY FarmNet’s personal wellbeing staff helps farmers improve family and business communication skills and address stress, communication, and other concerns.

The conference provides farm families and their advisers information on developing effective farm business succession plans.

Presenters include nationally renowned experts in farm succession planning.  Robert Milligan, senior consultant with Dairy Strategies/Professor Emeritus Cornell University; and Sharon Danes, professor and family economist at the University of Minnesota, who will lead discussions on management and relationship-building relevant to farm succession planning. 

Professionals from Farm Credit, Farm Family Insurance and a leading law firm in succession planning will describe how to develop a plan that works for your farm business, including funding, tax, legal, and insurance strategies. 

A multigenerational panel of farmers will share how they implemented succession plans for their farm business.

A significant number of farms now exceed federal gift and estate tax exemptions.  As a result, some farm owners are reluctant to develop a strategy for the next generation to continue farming.

In many cases, profitability is not a limiting factor in farm business transferability.  Family communication issues between generations are a frequent impediment to successful farm business transfers.

Registration is due by Sept. 12 and is $100 and includes meals and educational material. For more information, call (800) 547-3276 or email aes6@cornell.edu.

NY FarmNet is an extension and outreach program of the Charles H. Dyson School of Applied Economics and Management at Cornell University. Look for NY Farm Net online at www.nyfarmnet.org, or www.facebook.com/nyfarmnet/.