; Management and Communication Strategies for Transitioning Agricultural Land | Conferences | AgRisk Library

Conferences


Conference Name Management and Communication Strategies for Transitioning Agricultural Land

Jim Jansen and Anastasia Meyer

Summary

The “Management and Communication Strategies for Transitioning Agricultural Land” Extension meeting series provides outreach to clientele on the knowledge necessary to effectively manage and communicate strategies for overcoming financial, human, and legal risks when leasing or transferring land. Funding in 2023 by the North Central Extension Risk Management Education Center allowed this program to be delivered across 15 meeting sites in Nebraska, with over 200 people in attendance representing diverse operations across the state.

The program curriculum focused on addressing risk management strategies, including strengthening and improving decision-making on economic forces impacting land; strategies for effective communication involving operation succession for the next generation; and analysis of legal concepts to successfully facilitate the transition and improve lease arrangements for landlords and tenants. Developing effective financial decision-making addresses the skills necessary for evaluating trends in real estate to make more informed lease arrangements or purchases. Furthermore, addressing these financial decisions requires effective communication skills to work through intergenerational differences to resolve these shortcomings. Navigating legal forces guiding leases and succession requires a keen understanding of policies or regulations. Management practices discussed will help operations address risk to improve their economic viability and longevity.

To determine the effectiveness of this outreach program, an end-of-meeting evaluation (n = 147) was presented to those in attendance. From these evaluations, 93.4 percent of participants rated the quality of the presentation as good to very good, 76.1 percent of participants planned to evaluate financial issues influencing operations, land, & cash rents, and 58.9 percent indicated the desire to implement effective strategies for farm transition and succession within the next six months to one year.

Details