Transitioning Opportunity

March 18, 2011 06:48 AM
 

 

USDA encourages current farmers to work with aspiring farmers to make the transition of farming more successful. Farm Journal succession expert, Kevin Spafford, explores USDA Transitions Incentive Program (TIP) and visits with farm families about the importance of the next generation in Episode 12 of "Leave a Legacy TV".
The program began because congress recognized, while writing the 2008 Farm Bill, the farming population is making it vital young people can enter the profession, according to Kathleen Merrigan, Deputy Secretary of USDA.
With TIP, a retiring farmer who has CRP acreage expiring can continue to receive payments for two years if that land is transitioned over to a non-relative beginning farmer. They can farm that land, whether in organic production, EQUIP or the conservation stewardship program. The retiring farmer doesn’t lose income and it gives starting farmers a rare opportunity to start farming.
How does the retiring farmer find a young person?
People find out about the program through USDA Field Offices. Field Service Agencies are currently in charge of making the program grow, but there is room for Universities to help. Extension agents could play a major role in matching the right retiring farmer with a young producer.
You can learn more about TIP in this “Leave a Legacy TV” episode.

Back to news


 

Comments

 
Spell Check

No comments have been posted to this News Article

Corn College TV Education Series

2014_Team_Shot_with_Logo

Get nearly 8 hours of educational video with Farm Journal's top agronomists. Produced in the field and neatly organized by topic, from spring prep to post-harvest. Order now!

Markets

Market Data provided by QTInfo.com
Brought to you by Beyer
Close