Farm Management and Estate Planning

Fact Sheets
	Will Your Family Farm Continue?	To implement a farm transfer to the next generation it is important to divide the family farm business into its component parts. It is possible to transfer each part separately. The process of transferring business operation, working capital, and real estate is discussed in detail.
	A Tale of Two Farm Estates	This is a discussion of two identical mythical families and their estate transfer processes. The Dreamer family farm had to be sold to settle the estate because the farming son could not take on the debt load. The Planner's farm continued because they had over the years built equity in the farming son's name.
	Should I Sign That Contract?	Here are eight basic points to consider and ponder carefully before signing any contractual agreement.
	Pricing 2004 Corn Silage	Based upon 2004 harvest price of corn grain, and price of grass hay, a range of prices for corn silage is estimated. Depending upon location of the product, and who is responsible for harvesting, hauling, ensiling and unloading of the silage, a range of prices is suggested. To calculate the price for your own situation, it is suggested that you use the spreadsheet "Contracting Corn Silage" below.
Spreadsheets
	Contracting Corn Silage	Guidelines are discussed for contracting to grow and contracting to supply corn silage. A worksheet outlines points to consider, and access is provided to a spreadsheet for calculating a price range for corn silage under many variable situations.
	Orchard Vineyard Cash Flow Planner	Use this Excel Workbook to project a cash flow plan for 7 years of horticultural endeavor.
Other Sites
	Dairy Outlook Web Site	Penn State Dairy Marketing Specialist, Dr. Ken Bailey's website
	Dairy Alliance	Penn State Dairy and Animal Science's Dairy Alliance website