Success StoryFarm Financial Stress Materials
Farm Financial Stress Materials
Author: Kenneth Burdine
Planning Unit: Agr Economics
Major Program: Farm Management
Outcome: Long-Term Outcome
Agricultural producers continue to deal with challenges related to farm financial stress. The department of Agricultural Economics held feedback / discussion sessions with extension agents and agricultural lenders during fall and winter of 2018/2019. It was determined that a set of resources was needed for farmers as they consider their options during this time and for agents and lenders as they work through these options with their clientele. For this reason, the agricultural economics department developed a publication entitled, “Resources Available to Farmers Struggling with Farm Financial Stress”. The publication was sent directly to extension ANR agents, commodity organizations, and to major agricultural lending institutions. It was also shared through an Ag Communications press release, the Economic and Policy Update, and numerous social media outlets. Contributors included Jonathan Shepherd, Jordan Shockley, Todd Davis, Greg Halich, Alison Davis, Steve Isaacs, Jerry Pierce, Sarah Bowker, and Kenny Burdine.
Topics included:
- Financials statements and key financial performance measures
- FSA loan programs
- Tax implications from discontinuing an operation
- Bankruptcy and debt reorganization
- Transitioning to non-farm employment
- Managing stress and mental health
Stories by Kenneth Burdine
Cow-calf Profitability Strategies
Cow-calf operations are the most common type of beef enterprise in the state of Kentucky as Kentucky... Read More
Farm Financial Stress Materials
Agricultural producers continue to deal with challenges related to farm financial stress. The depart... Read More
Stories by Agr Economics
Profitable Pastures: Joint Extension and NRCS Programming
Extension and NRCS have different mandates. Extension deals mostly with management and how to help m... Read More
Programming in Cattle Production: Bale Grazing 2018-2019
Drive through a major cattle producing area in Kentucky from December to March and you will see trac... Read More
Stories by Farm Management

Early Career Farming Program - Planning for the Future Generations.
The Agriculture and Natural Resources Agents from Fulton, Hickman, and Carlisle Counties talked for ... Read More

Early Career Farming Program
The Agriculture and Natural Resources Agents from Fulton, Hickman, and Carlisle Counties talked for ... Read More
© 2024 University of Kentucky, Martin-Gatton College of Agriculture, Food and Environment