Purdue Institute for Family Business: News & EVENTS
Farming Together: Cultivating relationships and having the cash to bring in the next generation
To successfully guide a farm operation from generation to generation, farm owners and families need to have a plan for where they are going and knowledge of how they will fund that transition. The Purdue Extension Succession Planning Team is hosting workshops along with individualized sessions to help farms strategically structure a farm succession plan.
The “Farming Together: Cultivating Relationships and Having the Cash to Bring in the Next Generation” workshop will be a day-long event hosted at 10 Indiana locations. Workshops will be held at various locations beginning January 12 through February 2, 2023 from 10 a.m. to 3 p.m.
A local lawyer will be available at each of the regional meetings. After the workshop, families can schedule virtual guidance sessions for individualized discussions with the Purdue team and collaborators to discuss topics of their choice. The cost for the workshop is $30 per person with lunch included. Registration is online. The list of workshop locations is as follows:
- January 12: Mooresville Public Library Community Room, 220 W. Harrison St. Mooresville, Ind.
- January 17: Purdue Extension Clay County Office, 6656 N. State Road 59 Brazil, Ind.
- January 19: Purdue Extension Bartholomew County Office, 783 Ss Marr Rds Columbus, Ind.
- January 19: Hopewell Mennonite Church, 805 N. Main St. Kouts, Ind. (Central time)
- January 25: Kokomo Public Library, 120 East Mulberry St. Room 100 Kokomo, Ind.
- January 26: Purdue Extension Wayne County Office, 861 Salisbury Rd. Richmond, Ind.
- January 26: White County Fairgrounds, 12 N. 25 E. Reynolds, Ind.
- January 26: Purdue Extension Harrison County Office, 247 Atwood St. Corydon, Ind.
- February 1: Spencer County Youth & Community Center, 1101 E. County Rd. 800 N. Chrisney, Ind.
- February 2: Huntington University Habecker Dining Commons, 502 Lake Street Huntington, Ind.
Farmers and ranchers sought for a study about balancing children and work
Farmers, ranchers, and their partners raising children wanted! Researchers are looking for primary caregivers of children under 18 to participate in an online survey about how they are juggling children and work. Full and part-time farmers and ranchers are welcome to participate and may choose to enter a raffle to win one of fifty $50 checks. For questions or to request a paper survey, contact Florence Becot at 715-389-9379 or firstname.lastname@example.org. To fill out the online survey, visit this link: https://redcap.link/Survey1_FarmersRaisingChildren
SIx Pillars of Farm Risk Management
PAST (2022) events
Date and Location: April 20, 2022 at University of Wisconsin - River Falls
Topics: Rod Nilsestuen Legacy Event is an annual event sponsored by the Ralph K Morris Foundation and hosted by the College of Agriculture, Food and Environmental Sciences. This is the 10th year of the event.
The topic of of 2022 is “The Family Farm: Competence, Control and Cohesion” by keynote speaker Maria Marshall, professor of agricultural economics at Purdue University and director of the North Central Regional Center for Rural Development.
Managing Farm Risk Webinar Series
Own a Family business? Tips to survive the holidays
The Grower & The Economist | Maria I. Marshall | December 8, 2021
Navigating Farm Succession
RealAg Radio | Renee Wiatt | November 25, 2021
The Pandemic Forced Thousands of Businesses to Close—But New Ones Are Launching at Breakneck Speed
TIME Magazine | Maria I. Marshall | July 22, 2021
Roots of the Soil Webinar Series - National AgrAbility | Maria Marshall and Renee Wiatt | August 27, 2020
Cash Flow Problems and Resource Intermingling: Do They Affect Small Business Recovery and Resilience in the Wake of a Natural Disaster?
Purdue Agricultural Economics Report | Renee D. Wiatt, Yoon Lee, Maria I. Marshall, and Virginia S. Zuiker | October 7, 2020
PIFB Director Maria Marshall Appointed the Jim and Lois Ackerman Professor in Agricultural Economics
Purdue University News Release | Sources: Jay Akridge, Christine Armes, April Heady, Maria Marshall, and Andrea Vacca | October 2, 2020
Traveling the Road Toward a Farm Transition
Hoard's Dairyman (Fort Atkinson, Wisconsin) | Abby Bauer, citing Maria Marshall's Podcast | June 24, 2020
Farm Transition Planning
Center for Commercial Ag Podcast | Maria Marshall | June 24, 2020
Why ALL Businesses Need Job Descriptions
Indiana Onsite Wastewater Professionals Association Newsletter, Summer Edition | Renee Wiatt | June 2020
Why ALL Businesses Need a Plan
Indiana Onsite Wastewater Professionals Association Newsletter, Spring Edition | Renee Wiatt & Maria I. Marshall | March 2020
Defining Your Dreams
Vegetable Crops Hotline, 669 | Renee Wiatt & Maria Marshall | March 2020
Why Advisors Need to Meet EVERYONE in the Family
Indiana Nursery and Landscape Association News | Renee Wiatt | January/February 2020
Forbes | Jenny Splitter | January 14, 2020
"Marshall has worked with farmers transitioning from one kind of agricultural system to another—usually conventional to organic or vice versa. What she can say, generally speaking, is that transitioning a farm will always be an expensive and challenging proposition. “There’s just a lot of startup costs and knowledge that they have to gain,” she says."
Date and Time: April 16, 2020
Topics: The CARES Act was passed in response to the coronavirus. This session was a dialogue with Representative Roger Marshall regarding the agricultural provisions in the CARES Act. Senator Pat Roberts was also in attendance. also be participating.
The resources contained within this document are a culmination of state (Indiana) and federal efforts to combat the economic crisis created by the public health battle being waged against the novel coronavirus.
- Coronavirus Aid, Relief, and Economic Security (CARES Act)/H.R. 748
- Families First Coronavirus Response Act (Public Law No: 116-127)
- Small Business Economic Injury Disaster Loans (EIDL)
Bright Ideas You Can Try Right Now: Last in a Series
Farm Futures: Larry Stalcup | October 13, 2017
Workshop helps answer the question, 'Who gets the family farm?'
Greensburg Daily News | September 22, 2017
Improving Small Family Business Success
Purdue Agriculture: Ag Stories | May 2, 2017
Purdue launches new resource for family businesses
Bridgett Hernandez, Fort Wayne Business Weekl | March 16, 2017
Introducing PIFF: The Purdue Initiative for Family Firms
Maria Marshall and Renee Wiatt, Vegetable Crops Hotline Newsletter | March 15, 2017
Maria Marshall interview on Agriculture Strategy
Maria Marshall & Andrew Junkin, Agriculture Strategy | March 6, 2017
Initiative Helps Small Businesses Succeed
Purdue Extension, Community Development | January 10, 2017
New Vision in the New Year series: Setting Goals for Success
John Owen, Dayton Tech Guide | January 9, 2017