Extension Workshop Planned on Managing Farmland and Transition Planning

Nov 29, 2023

By Chabella Guzman

The University of Nebraska-Lincoln’s Center for Agricultural Profitability and Nebraska Extension will present workshops in Sidney and Alliance for those planning and involved in farmland succession who want to learn more about the best strategies for managing and owning this asset and how it may impact the transition plan.

“So You’ve Inherited a Farm … Now What?” workshops will be held:

Dec. 13 in Alliance, from 1 to 4 p.m. at the office of Nebraska Extension in Box Butte County, 415 Black Hills Ave. Pre-registration is requested by Dec. 12, by calling the Nebraska Extension in Box Butte County at 308-762-5616

Dec. 14 in Sidney, from 9 a.m. to noon, at the South Platte Natural Resources District office, 551 Parkland Drive. Pre-registration is requested by Dec. 13, by calling the Nebraska Extension in Cheyenne County at 308-254-4455.

The workshop will cover Nebraska land industry topics for farms and ranches. Those include evaluating current trends in land values and cash rents, strategies for successful land transitions, lease provisions, legal considerations and managing communication and expectations among family members. Creating and adjusting estate plans will also be covered.

“We hear all the time from people who engaged in various stages of transitioning land involved in a farm or ranch,” said Jessica Groskopf, an agricultural economist with Nebraska Extension. “The dynamics surrounding succession differ for each operation, and this workshop provides the best management concepts and strategies for an effective transition.”

The program is free to attend, and light refreshments will be provided.

Source : unl.edu

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Border View Farms is a mid-sized family farm that sits on the Ohio-Michigan border. My name is Nathan. I make and edit all of the videos posted here. I farm with my dad, Mark and uncle, Phil. Our part-time employee, Brock, also helps with the filming. 1980 was our first year in Waldron where our main farm is now. Since then we have grown the operation from just a couple hundred acres to over 3,000. Watch my 500th video for a history of our farm I filmed with my dad.

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