Top 10 Considerations to Navigate a Struggling Farm Economy
Date: Wednesday, Dec. 7
Time: 9am – 4pm
Location: Kansas State University Olathe, 22201 W. Innovation Dr., Olathe, KS
Map to Kansas State University - Olathe campus.
Fee: $10/person. Includes program and lunch. Please register by calling 913-715-7000
Farmers and ranchers are currently experiencing one of the biggest downturns in history with many parallels to the 1980’s. Commodity outlooks remain pessimistic, indicating tight financial conditions for farmers into the future. This program will focus on a host of different topics to start thinking critically about how the farm operation might withstand these hard times.
Brochure: Top 10 Considerations to Navigate a Struggling Farm Economy
The workshop will focus on some key financial topics including:
- Maintaining Working Capital
- Restructuring Debt
- How Long Can I Afford to Lose Money on Rented Ground?
- Opportunities to Save on Cost of Production
- Getting Creative with Enterprise Diversification
- Managing Machinery Expenses
- Safety Nets (Marketing, Insurance, Gov. Payments)
- Income Tax Management
- Is it Time to Retire? What about the Next Generation?
- Family Living Expenses
