#farmsuccession

Two people talking at a table. Image by Edwin Remsberg

Harvesting crops with combine by Edwin Remsberg.jpg

Crop being hand harvested by Edwin Remsberg.jpg

Image of two people talking in front of a hoop house by Edwin Remsberg.jpg

Please sign up to receive email updates of new content (your email will be kept private and not sold). If you do sign up, you will get an email to confirm your email address that may end up in your junk mail folder. Email updates will not start till you confirm your email.

If you have issues or thoughts on topics that should address, click here to send them.

Note: This website is intended to provide general information about legal issues, crop insurance, farm policy, and other risk management issues and should not be construed as providing legal advice. It should not be cited or relied upon as legal authority. For advice about how the issues discussed here might apply to your individual situation, you should consult an attorney.

Welcome to the Maryland Risk Management Education Blog, provided by the University of Maryland Department of Agricultural and Resource Economics. This blog provides readers with information on risk management issues important to Maryland agriculture, upcoming events, and new materials that may interest readers.

Court Decision Splitting Up Family Farm Reversed: When Farm Succession Planning Fails

Paul Goeringer

Jul 24, 2018
5 min

Court Decision Splitting Up Family Farm Reversed: When Farm Succession Planning Fails

The article is not a substitute for legal advice. See here for the site’s reposting policy. Farm succession planning can be a complicated process for many farm families. A recent decision out of Minnesota involving a farm dairy’s succession plan highlights what can go wrong when farm families do not handle the situation. The parents had three children, and one child had moved back to take over the farm. The parents placed the farmland into a revocable trust with each chil

61 views0 comments

Admin

May 26, 2017
2 min

Weekly Roundup May 26th

By Sarah Fielder Trump Releases Proposed Budget for FY18 On Monday, President Trump announced his proposed budget for 2018. The budget would slash $38 billion in farm commodity programs and crop insurance (http://reut.rs/2rBiRqY) and cut other programs relied on by rural America (http://wapo.st/2qYbJEx). The budget has been declared dead on arrival by many in Congress https://usat.ly/2qlxj1C. Is Your Organic Food Really Organic Food? The Washington Post this week featured a

3 views0 comments

Admin

May 19, 2017
2 min

Weekly Roundup May 19th

By Sarah Fielder Recent Webinar Looked at Farm Financials For Succession Planning University of Wisconsin’s Center for Dairy Profitability and UW Extension recently held a webinar covering farm finances in relation to farm succession. The webinar featured Kevin Bernhardt and is a part of a larger series on farm succession in the dairy industry. To learn more about the webinar series or watch the video from the most recent webinar, see http://bit.ly/2qsMMP7. EPA Wants Commen

0 views0 comments

Admin

Apr 21, 2017
3 min

Weekly Roundup April 21st

By Sarah Fielder Syngenta Lawsuit Advancing The federal district judge overseeing the class action lawsuit against Syngenta for releasing the MIR162 genetic event before being approved in China ruled on several motions narrowing the issues for the bellwether trial that will begin in June. Based on the ruling, the June trial will focus solely on negligence claims under Kansas law. To read a summary of the ruling and what it means to the bellwether trial, see this summary by

2 views0 comments

Admin

Apr 14, 2017
2 min

Weekly Roundup April 14th

By Sarah Fielder USDA Delays GIPSA Rules A federal rule announce in late December by USDA was to go into effect on April 22, but USDA announced the rule will be delayed for six-months. The rule was designed to make it easier for contract growers to sue companies. The rule has been controversial since it was proposed in 2010. To learn more about the on-going debate around the rule, see the recent AP story http://bit.ly/2osm0pe. Jury Deliberating Fate of Six Men Who Supported

0 views0 comments

Admin

Apr 7, 2017
2 min

Weekly Roundup April 7th

By Sarah Fielder USDA Offers Renewal Options for Expiring Conservation Stewardship Program Contracts The Natural Resource Conservation Service has announced renewal options for those with expiring Conservation Stewardship Program (CSP) contracts. CSP is the largest working lands conservation program administered by USDA and changes were made in 2016 to make the program work better for those producers looking to improve conservation practices on their lands. To learn more ab

1 view0 comments

Admin

Feb 17, 2017
2 min