ISSUE DATE: 08/19/2013
By Larry Dreiling
Attracting and retaining the next generation of farm operators has been a persistent struggle in U.S. agriculture, according to a recent study by Nathan Kauffman, an economist at the Federal Reserve Bank of Kansas City, Mo.
That struggle is likely to continue into the foreseeable future, Kauffman said.
It’s not as recent a struggle as one might think, as over the past century, productivity gains in U.S. agriculture have led to the consolidation of farm enterprises into larger operations, which in turn have limited the opportunities for farm ownership and triggered an exodus of young farmers from the industry.
The high fixed cost of capital has generally kept young and beginning farmers, similar to their peers in other businesses, in securing financing for capital-intensive operations due to lower levels of equity and wealth, which creates higher risk. That risk requires higher collateral to secure their note.
“Rising land values, which increase the fixed costs of agriculture, only intensify the challenges of financing,” Kauffman said.
Bucklin School District offers improved hands-on science learning experiences Colorado counties designated primary natural disaster areas Colorado East Central Council of Governments wins $55,000 grant Corn Advisor, Hort Plants apps now available Farm Bureau leaders lobby Congress Farmer-leader team visits USSEC's Vietnam aquaculture program Fire, rescue training offered at Kansas State Flood, emergency management information available from MU Extension Former Congressman Tim Holden joins Grange Advocacy Board French fries' oil content lower with infrared heat Ice cream social to honor Sen. Roberts Iowa Farm Bureau launches grocery giveaway Kansas NFO supports keeping SNAP part of farm bill Little farms, big impact Mid-America leading indicators decline again Nebraska's state tree may be threatened Successful year for High Plains Journal at Ag Media Summit USDA programs provide home ownership opportunities USDA Rural Development announces Heartland Award WTO backs U.S. in chicken trade dispute with China
About 1,500 people take tours, hear scientists at Arkansas Rice Expo ARS scientists verify soil moisture data collected by satellites Biodiesel industry applauds advanced biofuel standard Champion crowned at Iowa Farm Bureau Cookout Contest Conference for agricultural lenders planned in Garden City, Manhattan Corn and soybean production forecasts smaller than expected Directors elected to the Nebraska Soybean Board Fair taxing focus on Ag at the Crossroads Conference Nov. 7 Farmers inspired at Bayer CropScience Profit Maximizer meeting Financing young, beginning farmers will continue to prove tough First Farm to Table International Symposium deemed a success Herbicide resistance in weeds requires producers to react and adapt Ida County culinary tour offers 'Farm to Fork' experiences Iowa State, Kentucky share $800,000 grant to study insects Kansas governor's water conference Oct. 24-25 Kansas Rural Center Sets 2013 Farming and Food Conference for Nov. 2 in Newton Kansas Sampler Foundation names new board member Kansas Soybean Commission to meet Aug. 20 Kansas water alerts available KDA publishes farm facts K-State agronomy researcher to be honored K-State Extension to host events in Kansas K-State, partners work to keep toxic metals out of landfills Little Valley cotton to make it to harvest Meadowlark Extension District Crops Tour set for Aug. 20 National Grange presents Ag Advocate Award NDA awards Nebraska Agricultural Youth Institute scholarships New course specializes in handling, storage and flow of bulk solids Osowski Ag Service begins journey home Rain delays Misener harvest in South Dakota Republican River Compact Administration to hold annual meeting Researchers study fire ant venom as natural fungicide Rexroth receives Panhandle Outstanding Service to Ag Award Roland Harvesting cuts last wheat of the season Ron Rainey receives national administrative leadership award Sorghum Checkoff names two regional directors Southern rust in corn confirmed in 11 Nebraska counties Students start organic farm at UNL Studies show farmers' conservation measures working in Iowa Sustainability efforts discussed in latest 'Focus on Soybean' talk Unique wheat, feed grains marketing opportunity slipping away UNL Panhandle Extension to join Harvest Festival, tell story of agriculture UNL to host West Central Crops and Water Field Day Workshop helps companies learn how to market local products Workshops look at cover crop use in commercial fruit, vegetable production World Soy Foundation donates 380,000 meals to children in Nicaragua
5K Run for the Brand comes to Beef Fest Barr, Tonko named co-chairs of the Congressional Horse Caucus Beef industry showcases its sustainability Devastating swine disease affecting bacon prices nationwide Environmental Stewardship Award Program regional winners announced Equine farm safety training: Improving safety for youth working on horse farms Extension fact sheet answers questions about raw milk Facility design with Beef Quality Assurance in mind Fitzsimmons Land & Cattle to host KLA/K-State ranch field day Flint Hills Beef Fest BBQ set Aug. 23-24 Flint Hills Beef Fest features Ranch Horse Competition Flint Hills Beef Fest plans Ranch Rodeo Flint Hills Beef Fest to hold Producers Information Seminar Flint Hills Beef Fest to hold Team Roping event Focus of series production and marketing of poultry products Frey named All Around Junior Cattleman of the Year Governor's Charity Steer Show winner is from Humboldt County Grilling demo offered at Flint Hills Beef Fest Groups file initial court documents in COOL lawsuit High-quality forages help cut feed costs, MU specialists say at dairy field day ICON announces 2013 scholarship award Lamb Industry Roadmap Advisory Group sets final meeting, requests feedback Low-stress cattle presentations coming to rural Nebraska towns Mapping herd improvement Merck announces steps in response to Tyson's decision on Zilmax Merck temporarily suspends sale of Zilmax Mustang Million set for September Nebraska Cattlemen Foundation honors winners, scholarship recipients Nebraska Cattlemen will not pursue a state checkoff Oak Springs Ranch to host final KLA/K-State ranch field day Oklahoma State launches new meat goat website Padlock Ranch named NCBA Environmental Stewardship Award finalist Plan now for artificial insemination Producers gain premium prices when selling high-quality beef Red meat exports hit 2013 highs Registration open for Arkansas Steer Feedout Program Researchers look at feeding high-fat DDGS to heifers Retaining an interest in calves after weaning River Valley District 4-H team places first in state horse judging contest Salers juniors meet for 'Party on the Prairie' SD stockgrowers thank Noem for support of COOL Sheep industry rolls out smartphone app Shorthorn juniors unlock their potential at conference Study reveals top traits of different sheep breeds Turn N' Burn barrel race set for Aug. 24 and 25 Tyson to ban cattle fed with Zilmax UNL ag economics livestock industry trends report available UNL students honored by Animal Science Department, Block and Bridle UNL to have September beef symposium USCA sets 2013 'COOL In The Country' tour W. D. Farr Scholarships presented to outstanding students Webinar covers parasite management in sheep 'Young Guns' learn how preparation leads to profitability Young Oklahoman rides to top spot during AQHYA World Show
Choosing your 'tude Moving forward on a farm bill No SNAP decisions Who do you trust in the driver's seat?
Don't clown around in the Show Me State Easy-to-use app for growing season Easy-to-use app for growing season FDA approves fixed time AI product FDA approves fixed time AI product Just whom are you calling an old-timer? New BRD vaccine approved for cattle Rain plentiful in many areas The last slice of Americana?
Ada livestock auction report Amarillo livestock auction report Clovis livestock auction summary Cooler temps reduce stress on crops, slow development Nebraska Cooler than average temps prevail wyoming Crops maturing arkansas Dodge City livestock sales report Georgia livestock auction summary Grain bids lower, soybeans mixed Grain market close Hay trade slow to moderate High Plains slaughter cattle sales Hot temps prevail texas Joplin livestock auction report Monsoon season continues new Mexico More summer storms oklahoma Most hay classes steady OKC West livestock auction report Pratt 3 p.m. cattle sales report Precipitation keeps soil moisture levels adequate minnesota Rains bring moisture, slow field operations colorado Rains bring much needed moisture kansas Tulia livestock auction report Warmer temps needed south dakota Weather pattern stays the same montana Week of heavy rains recorded missouri West Plains livestock sales report
Nebraska Range Camp celebrates 50 years with reunion at Halsey 4-H Camp New maps show the way for rangeland management OSU offers online grassland management graduate certificate Pasture management professional development workshops planned in Colorado Registration now open for Wyoming Ranch Management Institute
Chores beneficial for kids, household Columnist contest entries close Aug. 31 Dahlia 1 a compact, efficient home Diagnostic lab keeps dogs healthy with new test for canine brucellosis Extension to offer home canning update Fall lawn care series planned in Wichita Food plots to increase harvest Garden for Good: Inmates finding peace, helping community Helpful household tips Meditation OSU deer field day slated PRCA's Champions Challenge coming to Amarillo State fair ceremony marks 100 years of Wyoming 4-H State's top grillers to compete for Iowa championship Sweet tips for sweet treats USDA helps 'The Garden' cultivate for communities Women's Ranch Rodeo Finals coming to Clovis