A farm is a deeply personal thing. It is a home, a business, a living ecosystem, a way of life. It can also be an investment in the future of agriculture. When a farm family makes a transition plan, they can shape the values and stewardship that will be carried out on that land, and potentially give a new farm family an opportunity to get started.
The Land Stewardship Project has several tools for people planning a farm transition.
- Farmland Access Financial Decision-Making Tool: Assessing Risk, Affordability, Readiness & Land Access Options is a Land Stewardship Project resource that covers four critical areas of decision-making beginning farmers should consider when it comes to obtaining quality, affordable farmland: 1) Visioning, 2) Experience, 3) Finances and 4) Land Assessment. Considering these critical areas of decision-making will not only help with land access, but will also increase knowledge and skills that farmers can apply to other critical decisions.
- The Minnesota Beginning Farmer Tax Credit provides an incentive to sell or rent land or other agricultural assets—machinery, buildings, facilities, livestock, etc.—to a beginning farmer. There is also a tax credit available for beginning farmers who participate in a financial management program.
- The Farm Transitions Toolkit helps people get started and connects them to the resources and support that they will need.
- The Seeking Farmers/ Seeking Land Clearinghouse allows land seekers and those who have land available to post their information publicly and connect with interested parties.
- Building community support: Look Who's Knockin', a one-act play, as well as storytelling events, can spark a community conversation about farmland transitions and the future of farming.