Session Descriptions & Slide Decks

Session One: Credit
It’s easy to assert that beginning farmers need credit to meet the need for establishing and growing a farm operation. But what exactly determines farm business success, and how does credit effect farm growth and farm business survival of beginnings farmers? 

Session Two: USDA Panel—Resources for Program Agencies
This session provides an overview of the major beginning farmer and rancher (BFR) activities of USDA agencies in the Research, Extension and Education (REE) and the Food Production and Conservation (FPAC) areas.

Session Three: Land Access and Other Barriers to Entry
Individuals who hope to begin farming must acquire farmland, access capital, and learn skills to efficiently operate a farm business. Often available farmland is scarce and there may be no guarantee that landlords will maintain tenancy contracts for multiple years. In many regions, high land prices relative to what can be earned farming increases the risks associated with starting a farm. This session delves into these barriers to entry.

Session 4: Innovation and Alternative Markets
Beginning farmers and ranchers use diverse strategies to create successful farm enterprises. This session explores some of the ways beginning farmers grow their farms.

Session 5: Transitions
Roadblocks facing families in transferring land and operations to the next generation have solutions. Our panel of succession specialists offered several different ways of alleviating opposition to land transfer and generate innovative steps to ushering in the next generation of American farmers.

Farm Credit Panel
This session offered a market segmentation approach to understanding beginning farmers, their credit needs, their appropriate use of credit and credit enhancements, their different business models, and their likely career paths. Grounded in analysis of beginning farmer data from the Ag Census and informed by the broad experience of Farm Credit staff with direct lending and program experience, this session provided a valuable perspective on what it takes to serve the financial needs of beginning farmers today.