The latest Ag Census data shows large operations increasingly dominating U.S. agriculture. Yet, farms are still with few exceptions family-run businesses. Three and sometimes four generations work side-by-side, navigating issues of family and business. The 2011 Farm Futures Business Management Summit focuses on the critical issues facing these farmers, including personnel decisions, employee management and financial strategies.
At the next Farm Futures Management Summit, Ag Economists Mike Boehlje and David Kohl will offer an in-depth look at what it takes for mid and large-scale family farm operations to succeed and work through the minefields of a family-run business.
Dr. Kohl energizes agricultural lenders, producers and business persons with his keen insight into the agricultural industry through extensive travel, research, and exposure during his career. He is Professor Emeritus of Agricultural Finance and Small Business Management and Entrepreneurship at Virginia Tech, Blacksburg, VA. Dr. Boehlje, Purdue University, is a frequent speaker at finance and agribusiness conferences and workshops. He can help farmers learn how to think like the CEO of their own farm business.
Farm Futures Market Analyst Arlan Suderman will share his outlook on the global market, focusing on China's rapid ascension and growing demands for food. Senior Editor Bryce Knorr will show how seasonal trends and new contracting methods can give you more control over fertilizer and fuel costs. Ag Accountant Darrell Dunteman lends his expertise on production costs, risk and tax management, business structure and financial strategies.
The 6th Annual Business Management Summit will include the popular Bear Pit, emceed by farm broadcaster Max Armstrong. This free-for-all discussion between farmers and panelists is something you won't want to miss.
The event also includes farmer breakout discussions on building a farm team, sustainability, precision farming and the key factors that make a championship farm.
Go to www.farmfutures.com/summit2011 to register.
We'll see you there!