Completed Project Report

Farming Together: Next Steps to Successfully Growing Future Farm Generations

  • Award Amount: $34,164
  • Regional Center: North Central Extension Risk Management Education Center
  • Grant Program: 2016 Education Projects
  • Project Director: Jenna Nees
  • Email: smith535@purdue.edu
  • Organization: Purdue University - Purdue Extension - Putnam County

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Project Overview

“Farming Together: Next Step to Successfully Growing Future Farm Generations” provided families with tools to effectively prepare for changes in their businesses. Between the five regional workshops conducted and the three breakout sessions during the Midwest Women in Ag Conference, the program material impacted 284 farm family members. The workshops addressed financial preparedness strategies and inter-generational transfers. Financial analysis included evaluating and determining whether or not the farm business is financially feasible for the next generation. Participants delved into their generational differences and how they impacted the family farm. Participants gained the tools needed to develop/implement a farm business succession plan. Six months after completion of the regional meetings, participants met with the Purdue Succession Team to assess their progress in implementing their succession plan and discuss adjustments that could be made to enhance the plan.

Number of Participants: 284

Outcomes

Project Steps

PROMOTIONAL MATERIALS

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EDUCATIONAL MATERIALS

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REPORTS & EVALUATIONS

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DELIVERY AREA

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