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Recent posts by Wyatt Fraas

Working in a farm successor as part of a retirement plan

Are you one of the many farmers without an identified farm successor? Purdue University says that's around 75 percent, and about half expect nonfamily members to take over. A gradual shift of responsibilities and ownership, plus an extended mentoring period, can help ensure the continued success of the farm business.

After checking out a candidate's experience and references, a short trial period with paid labor can be a good step. This probationary period can help both of you assess how well you work together, how your daily priorities match up, and how you deal with setbacks.

Agricultores Principiantes: La Búsqueda Para Encontrar Terreno

Usted ha decidido ser un agricultor, y el siguiente paso es de encontrar terreno.

Como un nuevo agricultor, usted quisiera identificar al principio cuando los terratenientes están pensando de hacer un cambio. Usted quisiera saber cuando los hijos del terrateniente decidan no regresar a la granja o cuando la enfermedad cambie la actividad en la granja. Es necesario saber esto lo más pronto posible, para que usted se la solucion.

Beginning farmers: the quest to find land

You’ve decided that farming is for you, and the next step is to find your own land.

As a new farmer, you want to identify when landowners are first thinking about a change. You want to know when a landowner’s children decide not to come home, or when a health condition forces a change in farming activity. You need to learn this at the earliest possible stage, so you can introduce yourself as a solution

For beginning farmers, opportunity may lie in being creative

This is a time of tremendous opportunity in farming and ranching for beginners graduating from college or looking to start a venture of their own. Alternative crops and high value markets offer profit potential and lower risk for new farmers.

If land ownership is the preferred route, funding will have to come from savings, bootstrapping, investors/partners or loans. There are no grants, or free money, for farm startup and operation.

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