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

    AFB Grain-Soybean Close: Corn, Wheat Higher, Soybeans See Modest Losses11-26

    AFB Cotton Close: Prices Surge Higher11-26

    AFB Rice Close: Jan, March Chart Bullish Key Reversals11-26

    Energy: N. American Oil Companies See Improved Financial Results in 3rd Quarter11-26

    Residential Heating Oil Prices Lower11-26

    Propane Stocks Fall 2M Barrels11-26

    Gasoline Prices Drop 7 Cents11-26

    Diesel Prices Fall 3 Cents11-26

    Texas: Hopkins County Designated Natural Disaster Area11-26

    Kansas: 4 Counties Declared Natural Disaster Areas11-26

    Alabama: 4 Counties Designated as Primary Disaster Areas11-26

    Texas Pecans: Demand Good but Quality Variable11-26

    Louisiana Pecans: Light Deliveries, Good Buying Interest11-26

    Georgia Pecans: Prices Slightly Higher with Strong Trade11-26

    DTN Livestock Midday: Pressure Develops in Cattle Trade11-26

    DTN Grain Midday: Soybeans Slip 5 to 10 Lower11-26

    Farmers Share What They’re Thankful For — DTN11-26

    GMO Crops Have Facts on Their Side, but Debate Goes on — DTN11-26

    DTN Cotton Open: Posts Slight Gains in Quiet Trade11-26

    Wheat: Make One Last Scouting Trip This Fall — DTN11-26

    Farm Income Down 21%; Expenses Up 5.7% – USDA Forecast11-26

    DTN Livestock Open: Futures to Start on Mixed Basis11-26

    DTN Grain Open: Wheat Leads Markets Higher11-26

    Keith Good: Net Farm Income to Drop 21.1% from 2013, ERS Forecasts11-26

    DTN Livestock Close: Feeder Futures Knocked Hard for 2nd Session11-25

    Livestock: 6 Tips to Fight PEDv This Fall11-25

    Doane Cotton Close: Outside Strength Helps Prices Rebound11-25

    AgFax Cotton Review: New Stink Bug App; India Exports Drop11-25

    DTN Cotton Close: Higher on Light Volume11-25

    Tax Breaks: Waiting for 2014 Equipment Deduction, Biofuel – DTN11-25

    DTN Grain Close: Bean Complex Rallies, Grains Follow11-25

    USDA: Weekly National Peanut Prices11-25

    Georgia: 10 Farm Bill Meetings Scheduled for Mid Dec.11-25

    AgFax Rice Review: Iraq Resumes U.S. Purchases; Cambodia Wins Best Rice Award11-25

    Winter Weather Creates More Problems for Railroads — DTN11-25

    Future of Cellulosic Biofuels in U.S. Questioned — DTN11-25

    AgFax Peanut Review: Growers Urged to Plant Earlier; Texoma Sells Drying Facility11-25

    Shurley on Cotton: New Round of Weakness Sets In11-25

    Welch on Wheat: Crop Condition Down Slightly11-24

    Welch on Grain: Snow Keeps 770M Bushels of Corn in Field11-24

    Farmland Partners Buys 7 South Carolina Farms for $28M11-24

    Livestock: Hog and Pork Prices Return to Reality11-24

    Corn: Breaking Down Stalks Takes Thought, Planning — DTN11-24

    DTN Fertilizer Outlook: Winter’s Arrival May Delay Some Buying11-24

    Brazil Soybeans: Dry Conditions Still Cause for Concern11-24

    Flint on Crops: Low Input Farming May be Necessary in 201511-24

    Midwest Corn And Soybean Yields – Our Readers’ Reports – AgFax11-22

    Rice Comment: The Case for Neonicotinoid Seed Treatment11-22

    U.S. Rice: Rain Stalls Texas 2nd Crop Harvest; Crop Sales Continue11-22

    Rice Market: Sale to Iraq Moves the Market11-22

    Rose on Cotton: Looking for the Positives This Week11-21

    Grain Drying: 6 Questions About Effects Of Sudden Drop In Temps11-21

    Is Your Lifestyle Costing You the Farm?11-21

    Farmers Storing Grain Need to Weigh Risk Management Factors – DTN11-21

    Peanut Harvest Updates From Southeast, Delta And Southwest – AgFax11-21

    Cleveland on Cotton: 57 Cents – ‘The Bottom is In’11-21

    Ag Labor: Immigration Order Provides Little Long-Term Benefit – DTN11-21

    USDA: Peanut Price Highlights11-21

    Ag Policy: Farm Bills Need Long-Term View11-21

    Cotton Market Weekly Review by Region11-21

    Arkansas Cattle: Ranchers Should be Alert to Acorn Poisoning11-21

    Economist: Livestock Industry Will Have Strong Rebound11-21

    DTN Dried Distillers Grain: Cheaper Feed Source for Beef Producers?11-21

    Mississippi Outdoors: Common Deer Parasites Do Not Affect Venison11-21

    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