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Contact Information

Craig Wood, Ph.D
Acting Associate Dean & Director
UK Cooperative Extension Service

S-107 Ag. Science Center North Lexington, KY 40546-0091

+1 (859) 257-4302

craig.wood@uky.edu

Impacts

Contact Information

Craig Wood, Ph.D
Acting Associate Dean & Director
UK Cooperative Extension Service

S-107 Ag. Science Center North Lexington, KY 40546-0091

+1 (859) 257-4302

craig.wood@uky.edu




Fiscal Year:
Jul 1, 2023 - Jun 30, 2024


Success StoryFarm Management in Tough Financial Times



Farm Management in Tough Financial Times

Author: Jonathan Shepherd

Planning Unit: Agr Economics

Major Program: Farm Management

Outcome: Initial Outcome

Worked with a farm family that was suffering significant farm financial stress given current farm economics.  It was determined that pivoting from the current business model was needed to ensure economic viability.  I worked with the farm family to help them develop a new business plan and a 3 year transition plan.  We are in year 1 of the transition and things are going to plan.






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