Farm transition workshop slated May 2 in Stillwater

Thursday, April 10, 2014

A one-day workshop for family farmers and ranchers interested in learning about the components of a successful farm transition is set to take place May 2 in Stillwater.

Managing Farm Transitions: Connecting Landowners, Farmers, and Families will take place at the Wes

Watkins Center for International Trade and Development on Oklahoma State University’s main campus. The workshop will begin at 9 a.m. and conclude at 6 p.m.

Sessions will cover business and personal goal-setting, financial analysis, human resources, family communications, estate planning, estate taxes and retirement planning.

“Research tells us that fewer than one-third of family businesses survive the transfer from one generation to the next,” said Shannon Ferrell, associate professor of agricultural economics at OSU. “Theseworkshops will help farmers and ranchers keep their families farming together.”

This workshop is hosted by Oklahoma Cooperative Extension Service with funding from the USDA Risk Management Agency through the Southern Risk Management Education Center, and sponsored by Farm Credit of East Central Oklahoma. The cost for attendees is $25 for a family of four and includes lunch, refreshments and two farm transition workbooks. Additional registrations are $10 per person. Registration deadline is April 28. To register, contact Kareta Casey at 405-744-9836 or via email at kareta.casey@okstate.edu.