A Study of Business Agreements and Transfer Plans on Dairy Farms in the Intensive Farming Region of Dutchess County, New York

A Study of Business Agreements and Transfer Plans on Dairy Farms in the Intensive Farming Region of Dutchess County, New York
Title A Study of Business Agreements and Transfer Plans on Dairy Farms in the Intensive Farming Region of Dutchess County, New York PDF eBook
Author Walter Hans Wietgrefe
Publisher
Pages 128
Release 1963
Genre Dutchess County (N.Y.)
ISBN

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Structure, Management, and Performance Characteristics of Specialized Dairy Farm Businesses in the United States

Structure, Management, and Performance Characteristics of Specialized Dairy Farm Businesses in the United States
Title Structure, Management, and Performance Characteristics of Specialized Dairy Farm Businesses in the United States PDF eBook
Author Sara D. Short
Publisher
Pages 68
Release 2000
Genre Dairy farming
ISBN

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Structure, Management , and Performance Characteristics of Specialized Dairy Farm Businesses in the United States

Structure, Management , and Performance Characteristics of Specialized Dairy Farm Businesses in the United States
Title Structure, Management , and Performance Characteristics of Specialized Dairy Farm Businesses in the United States PDF eBook
Author
Publisher DIANE Publishing
Pages 54
Release
Genre
ISBN 1428907203

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Dairy Farm Business Summary

Dairy Farm Business Summary
Title Dairy Farm Business Summary PDF eBook
Author
Publisher
Pages 56
Release 2005
Genre Dairy farms
ISBN

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Dairy Farm Purchase Contracts in New York State

Dairy Farm Purchase Contracts in New York State
Title Dairy Farm Purchase Contracts in New York State PDF eBook
Author Preston Trask Roberts
Publisher
Pages 256
Release 1963
Genre Agricultural credit
ISBN

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Interpreting Transitional Challenges Faced by Pennsylvania Dairy Farmers and Their Families

Interpreting Transitional Challenges Faced by Pennsylvania Dairy Farmers and Their Families
Title Interpreting Transitional Challenges Faced by Pennsylvania Dairy Farmers and Their Families PDF eBook
Author Casey Branstetter
Publisher
Pages
Release 2018
Genre
ISBN

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The Pennsylvania dairy industry is in a time of transition. Farm facilities are becoming outdated and economic realities have shifted to larger-scale, more automated processing. In addition to the need for significant investments in facilities, the majority of principal farm operators are aging toward retirement or semi-retirement. Through in-depth interviews with nine Pennsylvania dairy farm families, this study documents and interprets the business and social concerns of dairy farm families as they address aging or other life-changes that affect their plans for transitioning out of the industry. The majority of participants reported enduring some type of major shock (death, divorce, drug abuse, injury, etc.) to their family and/or business, most often with negative impacts. Some farmers develop transition plans prior to major shocks happening. Others, unfortunately, do not plan until it is too late. Undesired consequences of having no succession plan in place may include substantial tax obligations and legal fees, the forced running of the business by unprepared owners, family conflict, and the division or liquidation of farm assets. Few previous studies analyze dairy farm succession planning in context of business shocks. Very little literature addresses the post-shock reality of farm businesses and families forced to decide how to transition after a major disturbance to the operation occurs. Further, existing literature fails to tie the issues faced by farm families together with existing assistance resources available to them, recommendations for additional investigation, or succession planning case study scenarios that they may be able to relate to for further guidance. Our small sample size of should not be generalized to the larger Pennsylvania dairy farm family population. However, the findings of this study do provide insight for farms with characteristics similar to its population. It is also fair to say that many, if not all, dairy farmers will find some observations here that may be applied to their own situation. The primary conclusions include recommendations for the development of new succession planning material and service resources, along with the identification of subject areas where industry experts might focus their efforts. It will be the combined job of dairy farmers and industry experts to apply these results toward continuation and long-term success of dairy farms in the state.

Dairy Farm Business Summary

Dairy Farm Business Summary
Title Dairy Farm Business Summary PDF eBook
Author
Publisher
Pages 62
Release 2008
Genre Dairy farms
ISBN

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