farmdoc daily’s Post

I'm really looking forward to the great presentation and discussion we're having this Thursday with all of our current registrants. If you're a Farm Manager, Broker or Appraiser, please register for this informative webinar. #721ExchangeforFarmland #FarmlandLegacyPlanning #FarmlandInvestment

It's not too late to register for Legacy Farmland Fund's webinar on 721 Exchanges for Farmland. Brokers, Farm Managers and Appraisers can learn how 721 exchanges for farmland maximize benefits to your clients and yourself! 🗓️ Date: Thursday, June 13th 🕒 Time: 11:30 am 📍 Location: https://lnkd.in/gKmkYRNV In this insightful session, we will cover: ✅ Understanding 721 Exchanges: What they are and how they differ from 1031 exchanges. ✅ Benefits for Farmland Owners: How to defer capital gains taxes and diversify asset ownership ✅ How Farm Managers, Brokers and Appraisers benefit from bringing this solution to clients Why Attend? Enhance your knowledge of 721 Exchanges for farmland and increase the benefits you bring your clients with a solution to defer taxes, diversify assets, and maintain legacies. 🎟️ Register Now: https://lnkd.in/gKmkYRNV Don't miss this opportunity to gain a competitive edge. Looking forward to seeing you there! #Webinar #721Exchange #FarmlandInvestment #RealEstate #Agriculture #EstatePlanning #TaxDeferral

Join Our Webinar on 721 Exchanges for Farmland Exclusively for Farm Managers, Appraisers and Brokers! Learn how 721 exchanges for farmland maximize benefits to your farmland owners while also benefitting yourself. 🗓️ Date: Thursday, June 13th 🕒 Time: 11:30 am 📍 Location: https://lnkd.in/gKmkYRNV In this insightful session, we will cover: ✅ Understanding 721 Exchanges: What they are and how they differ from 1031 exchanges. ✅ Benefits for Farmland Owners: How to defer capital gains taxes and diversify asset ownership ✅ How Farm Managers, Brokers and Appraisers benefit from bringing this solution to clients Why Attend? Enhance your knowledge of 721 Exchanges for farmland and increase the benefits you bring your clients with a solution to defer taxes, diversify assets, and maintain legacies. 🎟️ Register Now: https://lnkd.in/gKmkYRNV Don't miss this opportunity to gain a competitive edge. Looking forward to seeing you there! #Webinar #721Exchange #FarmlandInvestment #RealEstate #Agriculture #EstatePlanning #TaxDeferral

Earlier this week, RaFF released the spring 2024 Missouri Farm Income Outlook report. Accompanying reports from Arkansas, Kansas and Nebraska, the Missouri report explores farm financial indicators and projections for the Show-Me State. According to the report, Missouri net farm income is projected to decline $3.6 billion in 2024, continuing a downward trend from record-setting farm income levels seen in 2022. Moving forward, the state's net farm income is projected to increase in 2025 and 2026. Find out more about the impact of farm receipts, production expenses and government payments by reading the full report and dataset. Both are available at

Will Farmers be Able to Purchase all the Land that will Come Up for Sale? Part II. In this second article in a three-part series, Randy Dickhut delves into thoughts on the all-important subject of who will buy the farmland that will come up for sale over the next several decades. The two trends of retiring farmers and the continuing flow of farmland passing down through the generations will converge during the next two decades, generating ownership changes and more than likely additional land for sale. Read more here: https://lnkd.in/gAvvwpN9

Many South African farms are family-owned businesses, forming the backbone of our nation's food security and economic prosperity. But what happens when it's time to pass the torch?  We understand the complexities of farm succession. Here's how we can help ensure your farm's legacy thrives for generations to come: 🌱 A Smooth Transition: A significant portion of South African farmers lack a succession plan. We'll guide you through the process, minimizing tax burdens and legal hurdles. 🌱 Family Harmony: Farm succession can be an emotional rollercoaster. We'll help facilitate open communication within your family to ensure a smooth handover and continued unity. 🌱 Financial Security for All: Explore investment options to support your retirement while ensuring the financial stability of the next generation inheriting the farm. Your Legacy, Our Expertise: Snyman & Associates goes beyond just financial planning. We become partners in your farm's story. We'll work with you to develop a customized plan that considers your unique needs and goals. Contact us today and let's cultivate a secure and prosperous future for your family's agricultural legacy. Together, we can ensure your farm continues to flourish for generations to come. https://lnkd.in/disH8TF2 #Farmer #Farm #Boerdery #CultivatingFinancialSecurity #WealthManagement  #SnymanAssociates #Boer #Plaas #FinancialPlanning #Agriculture  #SuccessionPlanning #SustainableAgricultural #FamilyLegacy  T&C's Apply. This post is informational in nature and is not provided as advise. Please contact a qualified Financial Advisor, like Snyman & Associates, before implementing any personal or business financial solutions.

🌾 Bill Gates: A Major Player in U.S. Farmland 🌾 With a net worth of $132.2 billion, Bill Gates has diversified his investments, notably acquiring around 270,000 acres of U.S. farmland—approximately 1/4000 of all U.S. farmland. But why is Gates, traditionally known for his tech empire, focusing on this asset class? Farmland offers a hedge against inflation, with its value rising alongside inflation rates. For instance, U.S. farmland values increased by 10.2% in 2022, outpacing the average inflation rate. At Old Drake, we understand the strategic importance of farmland investments. Whether you're an investor or a landowner, we're here to guide you through the complexities of farmland acquisition and development. Contact us today at (713) 208-9683 to learn more about the benefits of investing in farmland. #FarmlandInvestment #OldDrake #BillGates #Agriculture #InvestSmart

Another decline in net farm income is projected for the Show-Me State, according to the Spring 2024 Missouri Farm Income Outlook released by the University of Missouri’s Rural and Farm Finance Policy Analysis Center.

"One thing is for sure: with one-third of current farmers planning to retire in the next decade, we need powerful programs to assist with farm transition, both for retiring and for aspiring farmers." Great, short read from Marlise Riffel in Hometown Focus that quickly covers the farmland access and transfer challenges that farmers face and that we address daily. Give it a read and get access to our FREE "Farm Succession Planning: Where Do I Start?" guide. https://lnkd.in/ecQxpPuP

Rural law practitioners - this webinar could be one for you!