Wednesday, November 20, 2013
Checking the Crop Early

Alabama: Two-Generation Farm Business Workshops Scheduled for February

AgFax.Com - Your Online Ag News Source


For many families working to transfer a farming operation from one generation to the next, it’s not the legal, financial and technical issues that prove most challenging.

As many families have learned from experience — often bitter experience — the biggest challenge often involves ensuring that this transition occurs on the basis of open communication and trusting relationships among families members.

Indeed, effective relationship building and overcoming barriers to effective communication often prove to be the critical measure of success in the course of transferring a farming operation from one generation to the next, according to Dr. Paul Brown, associate director of the Alabama Cooperative Extension System.

“As it happens, professional help, whether this turns out to be legal, financial or technical assistance, often comes together pretty well,” says Brown who grew up on a family farm in Iowa. “However, it is the human relationships and levels of communication among family members that often prove critical to success.”




“Individual family members come into this mutigenerational dialogue with different expectations and goals, but as family members they must develop a common vision of how these goals are going to be met.”

With interest in farm succession planning on the steady rise, the Alabama Cooperative Extension System will hold a series of seminars in February to provide farm families with tools to better ensure that these operations are passed as successfully and seamlessly as possible from one generation to the next.

Workshops are scheduled for Thursday, Feb. 6, at the Wiregrass Research and Extension Center in Headland; Monday, Feb. 17 at the Tennessee Valley Research and Extension Center in Belle Mina; and Thursday, Feb. 27 at the Sand Mountain Research and Extension Center in Crossville.

Anyone interested in learning about the critical factors for success associated with transferring a farming operation across generations is encouraged to attend, according to Brown.

The workshops will help families assess the feasibility of two-generation farming operations and how to develop the communication and human relationship skills essential for success.  Families will also be advised about the most effective ways to transfer ownership and management responsibilities and to divide business income.

The training will also identify the factors most essential for securing a business arrangement that serves both generations.

“What we want to accomplish through these workshops is to give families an overview of the farm business transfer process – the key factors they need to discuss as a family before they proceed with planning,” Brown says.

The workshops will explore a four-stage transfer process whereby ownership, management and income are transferred from one generation to the next using a series of business arrangements.

These workshops will begin at 5:15 p.m. with registration, followed by dinner.

In addition to Paul Brown, other speakers will include Dr. Francesca Adler-Baeder, Alabama Extension specialist and professor in the Department of Human and Family Studies at Auburn University, and Dr. Robert Tufts, an attorney, Alabama Extension specialist and professor in the School of Forestry and Wildlife Sciences.

The capstone of each workshop will be a discussion about planning assistance, further educational topics and future programming.

“Succession planning is a multiyear process as the torch is passed from one generation to the next,” Brown says. “So, it’s important that we get feedback about additional help people will need, either as individuals or as members of a multiple-family operation.”

Pre-registration is required one week before each scheduled program so that meal arrangements can be made and materials prepared.

For more information, contact Nan Chambliss of the Alabama Extension Agriculture, Forestry and Natural Resources Programs at (334) 844-4450.


Tags: , , , ,


Leave a Reply

Name and Email Address are required fields. Your email will not be published or shared with third parties.

Sunbelt Ag News

    Grain TV: Improved Crop Conditions Likely to Pressure Markets9-2

    DTN Livestock Close: Cattle Complex Makes Significant Price Surge9-2

    Doane Cotton Close: Crop Condition Slips Slightly9-2

    USDA Grain Inspections Neutral for Futures Markets — DTN9-2

    DTN Cotton Close: Lowest Finish Since Aug. 199-2

    Pinnacle Announces the Acquisition of Wellsville’s East Kansas Chemical9-2

    Livestock: Rebuilding U.S. Animal Industries9-2

    DTN Grain Close: Soybeans Rally Despite Strong Greenback9-2

    USDA: Weekly National Peanut Prices9-2

    AgFax Grain Review: Corn to Stay at $4; Corn Thieves Apprehended in Connecticut9-2

    DTN Livestock Midday: Strong Gains Flood into Markets9-2

    National Corn Growers Association Names New CEO — DTN9-2

    DTN Grain Midday: Wheat Trade 7 to 13 Lower9-2

    Brazil Soybean Exports Decline in August — DTN9-2

    DTN Cotton Open: Tumbles to Five-Session Low9-2

    South Carolina: Crop Production Field Day Set Sept. 25 at Blackville9-2

    DTN Livestock Open: Cattle Futures Starting with Firm Undertone9-2

    DTN Grain Open: Higher on Light Buying Interest9-2

    Keith Good: Rail Service Problems Persist; Hog Prices Rebounding9-2

    Texas Cotton Industry Mourns The Death Of Economist Carl Anderson9-1

    Livestock: Market Lessons from 4-H County Fairs – DTN9-1

    China Cotton: Reserves’ Quantity, Quality Cause Problems – DTN9-1

    Welch on Wheat: Spring Wheat Harvest Running 22% Behind9-1

    Welch on Grain: Corn Condition Improves, Well Above Average9-1

    Flint on Crops: Rain Is Better Than Well Water9-1

    Rose on Cotton: Plenty of Gaps and No Rallies Expected8-29

    Peanut Harvest In N. Fla.; Drought Pushes Digging In Lower SE – AgFax8-29

    Rice Crop: Looking for a Normal Crop, Not a Bumper8-29

    Rice Market: Being Short Tricky but Being Long Takes Patience8-29

    Peanut Stocks and Processing: Utilization Up 2%, Stocks at 1.9B lbs8-29

    Cleveland on Cotton: Chinese Demand Pulling Prices Higher8-29

    Doane Cotton Close: Futures Unable to Recover Losses8-29

    AFB Grain-Soybean Close: Modest Losses Across the Board8-29

    AFB Cotton Close: Dec. Moves Fractionally Lower8-29

    AFB Rice Close: Futures Chart New Leg Down8-29

    Farm Bill: Cotton Transition Assistance Enrollment Now Open8-29

    Are USDA Corn Yield Forecasts Getting Better or Worse Over Time?8-29

    USDA: Peanut Price Highlights8-29

    Farmers with Foreign Assets Face New IRS Rules and Serious Penalties8-29

    Mississippi Outdoors: Beaver Management Not a Simple Issue8-29

    Arkansas: Flood Damage to Crops Valued at $35.6M8-29

    Delta Soybean Yields Start Strong; Sugarcane Aphid Marches On – AgFax8-29

    California: Pinnacle Announces Acquisition of Kerman Ag Resources8-29

    Midwest Farm Lenders Expect Solid Output; Lower Farm Income – Federal Reserve8-29

    Farm Payments to Stakeholders Rise as Gov. Payments Decline – USDA8-29

    Young Farmer in Your Future? – Helping Him or Her is Key to Success. – DTN8-29

    Net Farm Income Forecast to Fall,10.6% Decline Crop Value – USDA8-29

    Alabama: Pesticide Clean Days, Sept. 3-48-28

    Oklahoma: Fall Cotton Tour, Hydro, Sept. 118-28

    Rice Harvest Eases Into Gear In Midsouth – AgFax8-28

    Farm Drones Under Scrutiny: Farmers Impatient for FAA Ruling – DTN8-28

    USDA Readies Dairy Program, Producers Able to Sign Up Tuesday – DTN8-28

    U.S. Grain Transportation: Inspections Continue to Increase8-28

    Farm Program Decisions Hinge on Uncertain 2014 Crop Prices8-28

    Raindrops Keep Falling on Heads of Many Midwest Farmers — DTN8-28

    Economist: Big Potential in China for U.S. Corn, Livestock Exports8-28

    John Deere Lays Off 460 from Waterloo, Iowa Factory8-28

    U.S. Energy: Retail Gas Prices Follow Crude Prices Lower8-28

    Gasoline Prices: Decline by 2 Cents8-28

    Propane Stocks: Up to 74.7M Barrels8-28

    Diesel Prices: Average Drops a Penny8-28

    Sugarcane Aphid In Grain Sorghum: Florida, Georgia Find Infestations8-27

    Sunbelt Ag Events

     

    About Us

    AgFax.Com covers agricultural trends and production topics, with an emphasis on news about cotton, rice, peanuts, corn, soybeans, wheat and tree crops, including almonds, pecans, walnuts and pistachios.

      

    This site also serves as the on-line presence of electronic crop and pest reports published by AgFax Media LLC (formerly Looking South Communications).

        

    Click here to subscribe to our free reports.

      

    We provide early warnings and confirmations about pests, diseases and other factors that influence yield. Our goal is to quickly provide farmers and crop advisors with information needed to make better and more profitable decisions.

         

    Our free weekly crop and pest advisories include:

    • AgFax Midsouth Cotton, covering cotton production and news in Alabama, Arkansas, Louisiana, Mississippi, Tennessee and Missouri.

    • AgFax Southeast Cotton, covering cotton production and news in Alabama, Florida, Georgia, North Carolina, South Carolina and Virginia.

    • AgFax Southwest Cotton (new for 2013!), covering cotton production and news in Texas, Oklahoma, Kansas and New Mexico.

    • AgFax West (formerly MiteFax: SJV Cotton), covering California cotton, alfalfa, tomatoes and other non-permanent crops in California's Central Valley.

    • AgFax Rice covering rice production and news in Arkansas, Louisiana, Mississippi, Missouri and Texas.

    • AgFax Peanuts, covering peanut production in Alabama, Arkansas, Florida, Georgia, Louisiana, Mississippi, North Carolina, South Carolina, Texas and Virginia.

    • AgFax Southern Grain: covering soybeans, corn, milo and small grains in Southern states.

    • AgFax Almonds, covering almonds, pistachios, walnuts and other tree crops in California's Central Valley.

    • AgCom 101, providing guidance to ag professionals involved in social media.

    Our newsletters are sponsored by the following companies: FMC Corporation Chemtura Dow AgroSciences.

          

    Mission statement:

    Make it as easy as possible for our community of readers to find and/or receive needed information.

              

    Contact Information:

    AgFax Media. LLC

    142 Westlake Drive Brandon, MS 39047

    601-992-9488 Office 601-992-3503 Fax

    Owen Taylor Debra L. Ferguson Laurie Courtney

          

    Circulation Questions?

    Contact Laurie Courtney