WASHINGTON, D.C. (RFD-TV) — Nearly 300 million acres of U.S. agricultural land are projected to change hands in the coming decades, raising major questions about succession, stability, and the long-term future of rural communities.
American Farmland Trust (AFT) is ramping up efforts to support producers through this transition, helping families navigate the often-complex process of transferring farms and ranches to the next generation. Jerry Cosgrove, AFT’s Farm Legacy Director and Senior Advisor, joined us on Wednesday’s Market Day Report to discuss why land transfer is such a critical issue.
In his interview with RFD-TV News, Cosgrove highlighted the need for thoughtful planning to maintain productive farmland, protect family operations, and ensure younger producers have opportunities to enter the industry. He also outlined AFT’s work to assist farmers and ranchers in preparing for generational transfer—from providing resources and technical support to helping families map out long-term goals.
Cosgrove emphasized the importance of getting a jump-start on estate planning and encouraged landowners to begin considering their options, documenting their wishes, and engaging family members in open conversations about succession.
The failure of a grain elevator can cause large problems for farmers and for the local community it serves. A farmer who knows their rights and where they stand if an elevator fails can be in a better position than those farmers who aren’t as well informed. That is the topic of today’s blog post by RFD-TV Legal Contributor Roger A. McEowen.
October 04, 2023 02:46 PM
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Financial matters in farming can be frustratingly complicated, especially when it comes to the process of filing for bankruptcy. That is the topic tackled in today’s blog post by Farm-Legal Expert Roger A. McEowen—the definition of “insolvency” for purposes of the exclusion from income of CODI.
October 04, 2023 02:14 PM
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October 04, 2023 02:10 PM
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The “farm products rule,” and the 1985 Farm Bill modification and its application – that is the topic of today’s blog post from Agri-Legal Expert Roger McEowen.
October 03, 2023 02:43 PM
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Recently, a bank in Texas got confused on the financing rules governing agricultural crops and lost its security interest as a result. Ag financing and priority rules among competing security interests—that is the topic of today’s post.
October 02, 2023 02:42 PM
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The classification of persons conducting farming operations for a farm landowner—that is the topic of today’s blog post by RFD-TV farm-legal expert Roger A. McEowen.
October 02, 2023 02:27 PM
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Farm-legal expert Roger A. McEowen discusses avoiding contractual obligations in times of pandemic.
October 02, 2023 02:11 PM
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Is a handshake as good as your word? That is the topic of today’s blog post by RFD-TV farm legal expert Roger A. McEowen — the ability to enforce oral contracts for the sale of goods.
October 02, 2023 01:58 PM
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You may have seen Noah Peters on TikTok where he sings to his clients while cutting their hair. He joined us here on the Market Day Report!
September 28, 2023 02:02 PM
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