(Posted Tue. May 21st, 2013)
May 21: For American farmers succession planning is top-of-mind. The USDA reminds us that, “70 percent of farmland will change hands in the next 20 years. If a farm family has not adequately planned for succession, the farm is likely to go out of business, be absorbed by a large farming neighbor, or be converted to non-farm use.” This crisis-in-the-making comes at a time when land prices are out-stripping our ability grow the operation and fewer members of the family are involved in day-to-day farming.
The National Corn Growers Association is dedicated to strengthening member farmers, maintaining a healthy organization and continuing prosperity for the industry. To serve that purpose, NCGA is proud to announce that members now are entitled to a discount when using eLegacyConnect. eLegacyConnect is a dynamic online succession planning community.
“NCGA always strives to provide a rich portfolio of membership benefits that help farmers maximize their opportunities and build a better future for their families,” said NCGA Grower Services Action Team Chair Brandon Hunnicutt, a farmer from Nebraska. “Through the new eLegacyConnect benefit, we hope to offer a valuable discount on a service that will help farmers develop a concrete plan for the future of their operations that will help their families long after they are able to themselves.”
eLegacyConnect provides educational resources, action plans, community forums and a number of meaningful experiences to help farm families achieve their succession planning dreams. It has a growing roster of qualified advisors to answer questions and interact with engaged family members in real-time. As the site unfolds, there will be a slate of weekly webinars and regular podcasts to inform the community. eLegacyConnect’s FarmPartner resource is a first-of-its-kind matchmaker to help aspiring farmers connect with transitioning farmers for career opportunities, mentor/protégé relationships and ownership transitions.
To learn more and explore this benefit, click here.