The 2017 FamilyFarms Group Summer Conference, themed "The Farming Show Starring Jimmy O'Fallon," held in O'Fallon, Illinois on July 10-13 was a huge success! The conference is open to members of FamilyFarms Group. FamilyFarms Group members are some of North America's top farming operations representing over 700,000 acres of row crop production.
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Building a successful family farm business that lasts multiple generations involves distinct challenges. Less than one third of family businesses survive the transition from the first generation to the second, and another 50% don’t survive the transition from the second generation to the third. This means less than 17% of all family businesses make it to the third generation. So, how do you overcome the odds and successfully transfer your family farm to the next generation?
During times of lackluster, sideways grain values, it is more important than ever to maximize sales revenues during the normally short time during which profitable opportunities arise. While there’s always a possibility that a summer weather rally will come along to save the day for the reactive producer, making small changes towards a more proactive crop sales mindset will significantly improve your results. It doesn’t have to be all or nothing; even if you begin by practicing one or two of the steps we recommend, you're likely to see improved results (and even a 5% to 10% improvement in sales revenues adds up, year over year).
Today, family farms around the world are facing more challenges and complexities than ever before. Higher input costs, tight markets, an ever-struggling challenge to find and keep high quality employees, and of course tougher competition from growing farms—both corporate and large family farms.
FamilyFarms Group equips members with the tools, training and skills to continually develop themselves, employees, farming operation and bottom line - without sacrificing family or working themselves to death.
FamilyFarms Group was awarded the Jersey County Business Association (JCBA) 2016 Business of the Year Award. The JCBA gives this award out to a member business that has had a positive impact on the community. The fifteen members of JCBA’s board of directors submitted nominations for Business of the Year, and the JCBA’s more than 75 member businesses voted to choose the winner.
Agriculture businesses often need additional farm labor for harvest, planting, and sometimes even the entire season. Some farm owners use H-2A workers to staff up their operations for the busy seasons. The H-2A temporary agricultural program establishes a means for agricultural employers who anticipate a shortage of domestic workers to bring non-immigrant foreign workers to the U.S. to perform agricultural labor or services of a temporary or seasonal nature. However, there are many requirements for hiring and employing H-2A workers. Keep reading to learn the top things to consider when hiring H-2A workers.
Like many producers in North America, you may have recently come back from a vacation during the January–February slow time. If it was not a seed supplier trip arranged by the company, you and your family likely did a certain amount of planning of details, including where to go, where to stay, how to get there, where to eat, what to do while there, what to bring, who to tell, and a host of related topics. You had to find the answers to all these questions ahead of time. To put it mildly, there’s some preparation involved. If you don’t put forth that effort, it’s not much of a vacation, and the family won’t be happy. As they say, garbage in, garbage out.
Topics: Ag Business
Why you should begin estate and succession planning now—and not be paralyzed by fear of the process.
Estate and succession planning will have a huge impact on the future of your family farm. Yes, some perceive it as time-consuming, complicated, and emotional. But, this planning is crucial to securing your life’s work, passing on family values, and providing for your future generations and family farm.
One of the indicators of success for any agriculture business is effective family communication. Effective internal communication among family members, farm managers, and staff is a vital part of decision-making and family unity. Enhancing communication within a family farm will positively impact the operation’s success.