Learn. Grow. Do.

Events and Resources

Listed below are a number of events and resources that would be of general interest to people in the Farm Business Management program.  The events come from a variety of resources. 


UPCOMING EVENTS:

2023 Crop Insurance Discussion (February 10, 2023, 8:15AM)

Topics of discussion for this virtual event include: 2023 Crop Insurance Outlook, Crop Insurance with Cover Crops, PACE Insurance.  This event is sponsored by the Minnesota Agricultural Centers of Excellence and Compeer Financial.  Please contact your local FBM instructor for the link for this meeting.


GroundBreakers Conference (February 3-4 OR February 17-18, 2023, 12PM on Friday - 11:30AM on Saturday)

Please join us for the 2023 GroundBreakers Conference presented by Compeer Financial. As a young or beginning farmer, you have unique needs and face distinctive challenges — so we’ve created a conference just for you!  Featuring engaging and informative keynote speakers and educational breakout sessions, the GroundBreakers Conference is an exclusive opportunity to expand your farm business knowledge and gain valuable insights on a variety of topics that can impact your operation’s success.  Visit https://compeer.com/groundbreakers-conference for more details. pdfCompeer GroundBreakers Invite.pdf1.66 MB


Women in Ag Network Conference (February 7, 2023, 8:30AM - 3PM)

Held in Willmar, the Women in Ag Network is pleased to host the 2023 Women in Ag Network Conference: Building Resilience on your Farm and in your Family. We hope you experience a day filled with new ideas for your farm, family and business.  Pre-registration is required and to learn more about this event, visit https://extension.umn.edu/event/women-ag-network-conference.


2023 Crop Insurance Discussion (February 10, 2023, 8:15AM)

Topics of discussion for this virtual event include: 2023 Crop Insurance Outlook, Crop Insurance with Cover Crops, PACE Insurance.  This event is sponsored by the Minnesota Agricultural Centers of Excellence and Compeer Financial.  Please contact your local FBM instructor for the link for this meeting.


Ag Symposium (February 16, 2023, 8AM - 4:30PM)

South Central College, the most respected name in agricultural education in southern Minnesota, is embarking on a program to address the needs of the modern ag producer. Taking its cues from other top-flight national conferences, South Central College will be hosting its annual Agricultural Symposium.  Visit http://www.southcentral.edu/agsymposium for more information on this event.


Farmland Rental Workshops (scattered November 2022 - February 2023)

University of Minnesota Extension Farmland Rental Workshops help farmers, landlords and ag professionals determine a fair farmland rental rate. Presenters review historical rental rates throughout Minnesota and use data-driven decisions to help determine a fair value for land.  Extension hosts free workshops held across the state starting in November. Ag Business Management Extension educators help farmers and landowners determine a fair farmland rental rate for both parties.  Find dates and register by visiting https://extension.umn.edu/courses-and-events/farmland-rental-workshop.


Multi-Generational Farm Transition Retreat (February 24, 2023 from 5PM to 8:30PM AND February 25, 2023 from 8:30AM - 4:30PM in Mankato OR March 10, 2023 from 5PM to 8:30PM AND March 11, 2023 from 8:30AM - 4:30PM in St. Cloud OR March 31, 2023 from 5PM to 8:30PM AND April 1, 2023 from 8:30AM - 4:30PM in Mahnomen)

Join us for hands-on planning and discussion on farm transition for the whole farm family.  All generations actively involved in the farm should attend the retreat together, including spouses, partners and/or other relevant parties.  Pick the location most convenient for you (Mankato or St. Cloud).  Attend to dive deeper into conversations about: family and business goals, job responsibilities, financial needs of farms and families, inheritance considerations, and mechanisms of transfer.  Registration for this no-cost event will be available later this year at https://extension.umn.edu/courses-and-events/farm-transition-and-estate-planningpdf2023 Farm Transition Flyer609.19 KB 


Women's Agricultural Leadership Conference (April 12, 2023, 9AM)

Save the date for this upcoming conference held at the Minnesota Landscape Arboretum in Chaska.  Registration is coming soon and visit https://www.womensagleadership.org/conference/ for more details on this event. 


PAST EVENTS:

Roller Coaster Economics and the Management Mindset by Dr. Kohls (December 19, 2022, 12PM)

The economic environment is surrounded by uncertainty which creates risk but also rewards and opportunities for those with the management mindset. Join Dr. Kohl for another engaging webcast during which he will discuss variables that will impact your bottom line and balance sheet, as well as short and long-run decision making.  Please contact your FBM instructor for more details on this event.  pdfDr. Kohls Webinar Flyer1.47 MB


Down Payment Assistance Grant Program (December 6, 2022, 2PM - 3PM or December 15, 2022, 6PM - 7PM)

Minnesota Department of Agriculture's Rural Finance Authority (RFA) is offering matching funds up to $15,000 for qualified farmers to purchase their first farm. Funding will be available using a first-come, first-served application process. There are two informational webinars (Dec. 6th and Dec. 15th).  For more information, visit https://www.mda.state.mn.us/down-payment-assistance-grant-program.


2022 Tax Planning Webinar for Farmers (Friday, December 2, 2022, 10AM - 11:30AM)

The University of Minnesota Extension's Ag Business Management team will present an end-of-year tax planning webinar for producers receiving debt relief.  Pre-registration is required. Register now

The webinar will cover:

  • 2022 tax bracket updates
  • Taxpayer credits
  • Qualified business income (QBI)
  • Depreciation changes
  • Income averaging
  • Federal estate and gift tax
  • Tax planning as we approach year-end

Weather Risk in Production Agriculture Webcast by Eric Snodgrass (November 21, 2022, 12PM)

In this talk, we will discuss how weather patterns (i.e., El Nino/La Nina, Polar Vortex, MJO, etc) influence the a growing season. We will talk about weather factors in other major production regions like Brazil and look at long term trends impacting total productivity around the world. We will learn about advancements tech that are leading to increased predictive skill but we will highlight the known limits of predictability and how to interpret long-range forecasts. We will finish with a forecast for the remainder of 2022 and talk about the upcoming growing season in South America.  Please contact your FBM instructor for more details on this event.  pdfMr. Snodgrass Webinar Flyer1.53 MB


Dairy Business Innovation Alliance

The Dairy Business Innovation Alliance (DBIA) is offering free webinars in its Let's Keep Your Business Going series for value for value-added dairy entrepreneurs (or prospective entrepreneurs).  DBIA is funded by USDA and provides technical assistance and grants to help dairy farmers and processors in Illinois, Iowa, Minnesota, South Dakota and Wisconsin improve their profitability.  

Supporting Farm Youth (these are recordings of the sessions previously held)

A struggling farm economy and other concurrent production, social, and cultural challenges, including COVID, have been difficult and even destructive for farm families. And they don’t just affect the well-being of farm and ranch owners – they impact family members as well. Children and adolescents may be living in tense situations, feeling isolated, and with little ability to make sense of what is going on around them. Caring adults in the community can make a big difference.


Minnesota West Farm Business Management Podcasts

Farm Business Management instructors at Minnesota West Community and Technical College are putting together bi-weekly podcasts about topics of interests to farmers.

In this series of four interactive 45-minute sessions, you’ll develop insights and skills to help you recognize, understand and support farm youth experiencing  stress. These online sessions are an adaptation of a three-hour workshop we offered at several Minnesota locations in 2019. Whether the content is new to you or you simply want a refresher, we hope you’ll participate and will share the opportunity with friends and colleagues.

  1. Day 1 - Factors and Expression:  Stress in Farm Youth
  2. Day 2 - Impact of Farm Stress and Trauma on Adolescent Development
  3. Day 3 - Building Intentional Relationships with Farm Youth
  4. Day 4 - Building Community Initiatives to Support Farm Youth (start about 2 minutes in; there was an audio hiccup at beginning)

RESOURCES:

Minnesota Agricultural Water Quality Certification Program Scholarship

The Minnesota Agricultural Water Quality Certification Program (MAWQCP) Farm Business Management Scholarship provides scholarships to water quality certified producers to learn business management strategies that will lead to profitable and competitive farming operations.  The scholarship form is found here.

A study shows that farmers enrolled in MAWQCP had higher profits than non-cerified farms.  Specifically, the 64 MAWQCP farms in the study saw 2020 profits that were an average of $40,000 or 18% higher (median of $11,000) than non-certified farms. The 2019 data showed an average of $19,000 or 20% (median of $7,000) in higher profits for certified producers. Other key financial metrics are also better for those enrolled in the MAWQCP, such as debt-to-asset ratios and operating expense ratios.  These two years of data serve as an early indicator of a positive return on investment for the whole-farm conservation management farmers implement in order to become certified.

Cover Crop Scholarship Program

Are you a MN farmer growing cover crops?  You can receive a $100-$150/credit scholarship to participate in Minnesota Farm Business Management.

Ag Tax Seminar

The Agricultural Tax Issues Course targets income tax professionals who work with farmers. The course also is relevant to agricultural professionals such as agricultural lenders and farm management instructors.

Farm Transfer and Estate Planning

The University of Minnesota Extension is offering various farm transfer and estate planning webinar series. The MN Agricultural Centers of Excellence have also teamed up with with the U of M to produce a farm transition newsletter and they are found below.

Dr. Kohl Newsletters

Dr. David M. Kohl is a Professor at Virginia Tech in Agricultural Finance and Small Business Management. He has written a series of articles for the Minnesota State FBM education program.

Youth Tractor and Farm Safety Training

Youth tractor and farm safety training teaches youth 14 years and older about safe equipment operation and general farm safety.  This program is offered each summer at multiple training locations across the state. The cost of the training is $40 per student.  Students who complete the program are eligible to receive a U.S. Department of Labor certificate of training. This certificate is required for 14- and 15-year-olds who wish to work on farms as employees.  Visit https://extension.umn.edu/courses-and-events/youth-tractor-and-farm-safety-training for more details.

AgCentric

Visit our partner, the Minnesota State Northern Agricultural Center of Excellence and also known as AgCentric, as they offer additional Farm Business Management Resources.


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