Cherry County 4-H
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Nebraska Extension in Cherry County
Welcome to Nebraska Extension in Cherry County
365 N. Main St., Suite 3 (red brick Courthouse at corner of 4th and Main St.)
Valentine, NE 69201
October workshops help cattle producers learn about risk management opportunities
Beef cattle producers face numerous risk factors: weather, prices, cattle performance and health can all impact their profitability. A pair of upcoming workshops by Nebraska Extension in the Panhandle District will provide information on programs and tools that can help cattle producers manage risk.
Risk management topics will include:
· Livestock Risk Protection Insurance as a Price Risk Management Tool
· Understanding Annual Forage and Pasture, Range and Forage Insurance
· USDA Farm Service Agency (FSA) Disaster Programs
· Using Cost of Production as part of Risk Management
The workshop in Valentine will be held Oct. 3 from 5-9 p.m. at the Peppermill Restaurant, 502 East Hwy 20. A complementary meal will be provided. Please RSVP by Friday, Sept. 30, for a meal count.
Contact Jay Jenkins at 402-376-1850 or email email@example.com.
Ranch Transition When You Aren't In Control Workshop
Often ranch transition and transfer falls to the generation caught in the middle - between parents who still own the land, and children who might want to join the operation. The needs of this “sandwich generation” will be the focus of half day workshops planned in October by Nebraska Extension. The workshop in Valentine will be October 19 at the Peppermill Restaurant from 9:30 AM CT to 2:30 PM CT.
Lack of communication often hinders transitions of ranching operations. Keith Niemann, trained facilitator and coach, will teach participants how to communicate with family to understand the transition and practice difficult questions. Continuing support will be available from Keith following the workshops. A handbook and script will help ranchers to complete transition “homework”.
Legal topics will center on the “sandwich generation” needs. Anxiety and the “what if’s” can immobilize transition. Attendees will understand the consequences of the “what if’s” and how to avoid them. Some examples include: what if I don’t have a written lease, what if I have to buy out my siblings, what if mom and dad need long term care, what if I have to pay taxes? Joe Hawbaker, estate planning attorney, will also cover tools for long term viability of the ranch. There are a variety of tools that could help the transition go smoothly.
Transition of the land is important, but families should work to transition the business as well. Dave Goeller, Nebraska Extension transition specialist, will cover succession versus equality, and compensation versus contribution. Many families struggle to split assets fairly between on-ranch and off-ranch heirs, while continuing the ranch as a business. Dave will discuss the “family” side and what to consider when dividing assets.
Participants are asked to pre-register by October 17 for the complimentary meal by calling the Extension Office at 402-376-1850 or by emailing firstname.lastname@example.org. Cost is $30 per person. If more than two people are attending per operation, the cost is $25 per person.
Nebraska Extension in Cherry County prepares a report that airs each Monday on KVSH radio. Read the Monday Extension Report here.
The BeefWatch Podcast provides timely information to help beef cattle producers improve the sustainability and profitability of their operations. Listen to recent episodes at http://feeds.feedburner.com/unlbeefwatch.
BeefWatch is provided by the Nebraska Extension Beef Systems team and is the audio companion to the UNL BeefWatch Newsletter.
Ranchers often have limited time to read, but have time in the pickup or tractor cab when they can listen. The BeefWatch Podcast brings you the information you need in a format you can use.
Subscribe in iTunes - On your computer or apple device you can subscribe in iTunes by clicking this link https://itunes.apple.com/us/podcast/unl-beefwatch/id964198047
Many Android phone apps allow you to search iTunes. Simply type BeefWatch into the search box of your podcast app.
Alternatively you can copy and paste this url into your podcast app http://feeds.feedburner.com/unlbeefwatch.