Russell County CES Program Indicators and Success StoriesJul 1, 2021 - Jun 30, 2022
1081 - Farm Management, Economics and Policy | ||
---|---|---|
1081.4) | 230 |
Number of people who increased knowledge of farm health and safety practices (i.e. farm safety days, disaster preparedness, equipment demonstrations, farmers dinner theater) |
1081.12) | 27 |
Number of people who increased profits, reduced expenses, and/or reduced risk |
1081.11) | 65 |
Number of people who improved equipment or facilities |
1081.10) | 0 |
Number of farmers adopting new technologies in agriculture production |
1081.8) | 0 |
Number of people who adopted practices or adapted equipment for safety (i.e. Agribility, install roll over bar) |
1081.8) | 5 |
Number of people who applied marketing techniques including futures and options to reduce risk levels for crops |
1081.6) | 0 |
Number of people who incorporated technology to effectively manage farm operations |
1081.7) | 4 |
Number of people who applied marketing techniques for meat animals |
1081.5) | 17 |
Number of people who improved or maintained record keeping practices |
1081.2) | 15 |
Number of people who recognize methods to reduce risk and improve farm profit |
1081.3) | 5 |
Number of people who discussed and compared leasing agreements and options |
1081.1) | 21 |
Number of people who increased their knowledge of Ag Policy including: Farm Bill and Environmental issues |
Success Stories
Estate Transition
Author: Jonathan Oakes
Major Program: Farm Management, Economics and Policy
As with most counties in the Commonwealth, the farming community population of Russell County is rapidly coming of retirement age. With the increase in age of the farmer, the largest transfer of assets is starting to take place in the United States. When most people think of Estate Planning, they think of taxes and how can I avoid having to pay so much in taxes. But according to UK Specialist Dr. Issacs, this should not be of major concern to most people in the agriculture worl
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