The stakes of farmland ownership have never been higher with record land values, stronger rents, biofuel's influence, changes to the government Farm Program and updates to the tax code.
Non-operator land owners, and those considering purchasing farmland, are invited to attend a pair of workshops to learn about the financial aspects of land ownership. Those interested can attend the workshop slated for Oct. 9, in Wichita, Kan., or the Oct. 10, workshop in Overland Park, Kan.
Workshop topics include: key indicators for commodity price direction; the profit potential of alternative lease types; the formula to managing a cash rent lease; the impact of the new Farm Bill; and profit opportunities for the future.
Farmers National Company, the largest farm management company in the United States, is hosting the 2008 Landowner Workshop, titled "The Keys to Profitable Land Ownership." Farmers National Company has been providing workshop opportunities for non-operator landowners for more than 30 years.
"Now more than ever it's important for landowners to stay abreast of what's happening in the market," says Jim Farrell, president of Farmers NationalCompany. "For example, we are seeing significant disparities in cash rent rates between similar farms which is a sign that some landowners are not
aware of the true value of their land."
As a way to get the next generation involved, current clients of Farmers National Company and their children can attend the workshop at no cost.
The Wichita Landowner Workshop will be offered Oct. 9 from 9 a.m. to 3:50 p.m. at the Hilton Wichita Airport, 2098 Airport Road. The Overland Park workshop on Oct. 10 will be held at the Doubletree Hotel, 10100 College Blvd. It also will run from 9 a.m. to 3:50 p.m.
Registration for both workshops begins at 8:30 a.m. Continental breakfast and lunch will be provided.
More thab 1,400 landowners attended Farmers National Company workshops last year. Seating is limited and pre-registration is suggested. For more information or to register, call (800) 346-2650 or click here. The cost for registration is $15 in advance and $20 at the door.
Source: Farmers National Company