High startup costs for land and equipment and modest experience give young producers in agriculture a variety of challenges to enter, and thrive, as a farmer or rancher. Fortunately resources are available.
The Texas A&M AgriLife Extension Service, along with Capital Farm Credit, is hosting a conference to provide direction and advice for the next generation of farmers and ranchers, and current producers interested in growing their operation.
The conference held July 18 in Abilene, Texas, is full of presentations covering financial management. In addition to an industry outlook, attendees will learn about buying and leasing equipment and navigating through climate and market trends.
“The main topics that will be covered include farm financial management, agricultural economic forecasts, general agriculture, and farm planning and budgeting,” said Dr. Jason Cleere, AgriLife Extension beef cattle specialist in College Station. “Keeping up with the latest operational strategies, available credit and risk management practices are the keys to the most successful large and small operations. These conferences will assist with providing information that can be incorporated into their operations, making them more profitable.”
The conference is free to attend, more information is available here.