As you may be aware, Extension along with the UW-Madison community and our county have been keeping a close eye on developments around the novel coronavirus COVID-19. Due to the possibility and risk of infection, the UW Madison, Division of Extension is requiring our State and County sponsored, as well as, volunteer-led clubs and associations to cancel or postpone upcoming events between now and April 10 that:
- Expect to draw more than 50 people;
- Smaller events should be reconsidered if they draw participants from a wide geographic area; or
- Include participants from an older population, those with compromised immune systems, or those who come into close contact with older populations
Extension will host a workshop in March 2020, providing information and resources on farm succession and estate planning. The workshop will run from 10 a.m. – 2:30 p.m on March 18th at the Dunn County Community Services Building, Lower Level Room 54. Participants will have an opportunity to meet individually with speakers to ask specific questions about their situations.
As the average age of U.S. farmers continues to inch upward, the need to plan for the transition of land, livestock, machinery, and management decisions has become a top priority in the U.S. agriculture industry. While the ongoing economic downturn in almost all sectors of agriculture may have dampened the short term outlook for some farms, long term business and estate planning decisions should still be on farm businesses to-do lists.
Having intentional conversations around farm succession and developing future plans for the farm provides a better chance of transition success. Even if the owner generation is planning to be a part of the management for 10+ years from now, starting early can help the process go more smoothly. It provides the succession generation time to develop their management skills and provides the farm time to build or increase its financial stability to include another generation.
Registration is $20 per person and includes refreshments, speakers and workshop materials. Lunch is sponsored by Bremer Bank.
For more information or to register, contact Katie Wantoch, Extension Dunn County agriculture educator at Katie.Wantoch@wisc.edu or 715-232-1636. Online registration is available at https://www.eventbrite.com/e/95424580489.
For more information on other workshops and the follow up events go to https://farms.extension.wisc.edu/programs/cultivating/ .