picture of a barn & silo

Estate Planning for Your Family and Farm

In the UW-Center for Dairy Profitability’s Estate Planning for your Family Farm webinar, Valley Crossing Law Attorney Bridget Finke discusses: What is estate planning? Why should I have an estate plan? What documents do I need? How do I get started with an estate plan? Can I avoid probate without using a trust? Wil my […]

Read More...
photo of a farm

June 2017 Dairy Situation & Outlook

Professor Bob Cropp’s 2017 June Dairy Situation & Outlook full report is now available for download at UW Understanding Dairy Markets.  An exert follows below:  The level of milk production will be a major factor on how much milk prices strengthen. If the growth in milk production is 2% or less, along with favorable domestic sales and continued improved […]

Read More...
pasture acres

Determining Fair Pasture Rental Rates

One of the most frequent questions producers ask is, “What is a fair rental rate for pasture?” In the absence of a commercial market for pasture, producers often end up bargaining for a rental price. For instance, if there is a large amount of pasture acres in a given area, the rent may be lower than in […]

Read More...
picture of a farm

May 2017 Dairy Situation & Outlook

Professor Bob Cropp’s 2017 May Dairy Situation & Outlook full report is now available for download at UW Understanding Dairy Markets.  An exert follows below: April may have been the bottom for milk prices. The Class III price fell from $16.77 in January to $15.22 in April and May should be near $15.60. Cheese and butter prices have responded […]

Read More...
picture of farm

Exploring Tax Implications and Farm Succession Options of an LLC

In the UW-Center for Dairy Profitability’s “Exploring Tax Implications and Farm Succession Options of an LLC” webinar, UW-Extension Outreach Specialist Joy Kirkpatrick and Kari Apel of Apel Associates, Inc, discusses: Why an LLC could be a business entity to consider What are the considerations for an LLC How to set up an LLC What the […]

Read More...