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12 FARMERS WEEKLY – farmersweekly.co.nz – January 14, 2019
Succeed with succession Some farmers have sons and daughters who are not interested in taking over the farm but grandchildren who might. CHALLENGING: Starting the conversation about farm succession can be difficult, Malcolm Bailey says.
Malcolm Bailey RMPP
FARM succession is one of the pressing issues facing sheep and beef farmers, with more than 50% of sheep and beef farms expected to change hands over the next decade. An upcoming series of Red Meat Profit Partnership (RMPP) workshops on farm business transition and succession aims to help farmers navigate what can often be a difficult process. The workshops will also be very relevant for people joining the sector and aiming for farm business ownership. Malcolm Bailey, chairman of RMPP, says there is an opportunity to help farmers work through these issues and plan for positive outcomes. “Many farmers have said they find it hard to know where to start the conversation because of
the emotional attachment they have to their farms and the tensions of handling significant assets, often with competing family interests. “A key goal for RMPP is to help farmers through this process by providing information regarding succession options and ownership structures and sharing examples of successful outcomes.” Farmers will be provided with resources and advice to help them explore the range of options available to them as they look at entering or exiting farm business ownership. Bailey also noted the possibility of linking up people who are wanting to progress in the red meat sector with those who are wanting to exit. “Some farmers have sons and daughters who are not interested in taking over the farm but grandchildren who might. They want to retire but want to keep the farm in the hope that a family member will take it on. Leasing the land or taking on a share farming partner who owns the stock are a couple of ways of achieving this. “It is also important that retiring farmers can access the capital they require to enjoy life beyond farming. Good planning is important, and we encourage farmers to think about this well ahead of time.” The workshops have been developed following research by RMPP and discussions with farmers, rural professionals and young people keen to progress in the red meat sector.
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For further information on the workshops including locations and dates, and to register go to www. rmpp.co.nz. Each workshop is limited to eight farm businesses and they are fully funded by RMPP.
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agrievents AWDT Understanding Your Farming Business & Wahine Maia, Wahine Whenua 3 full-day workshops and an evening graduation ceremony run over four months. Equips and supports women involved in sheep and beef farming to lift business performance. Registrations for 2019 programmes are now open, visit the website for more information and to register. Locations and dates (3 modules & graduation): Whangamomona: 4 Feb, 6 Mar, 3 Apr & 1 May Whanganui: 5 Feb, 7 Mar, 4 Apr & 2 May Mt.Bruce: 13 Feb, 13 Mar, 10 Apr & 8 May Omarama: 20 Feb, 20 Mar, 17 Apr & 15 May Waimate: 21 Feb, 21 Mar, 18 Apr & 16 May Paparoa (Northland): 20 Feb, 20 Mar, 17 Apr & 15 May Kaikohe (WMWW): 21 Feb, 21 Mar, 18 Apr & 16 May Millers Flat: 27 Feb, 27 Mar, 23 Apr & 22 May Gisborne (WMWW): 27 Feb, 27 Mar, 23 Apr & 22 May Wairoa: 28 Feb, 28 Mar, 24 Apr & 23 May
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RMPP Action Network – Facilitator training courses For rural professionals or farmers looking to run an Action Group under RMPP Action Network. No course fees. Register at www.actionnetwork.co.nz/page/training Lead Facilitator workshops 2019 course dates: 22 & 23 January – Christchurch 13 & 14 February – Palmerston North 5 & 6 March – Hamilton 21 & 22 March – Dunedin RMPP Action Network Fundamentals and Extension Design (two-day workshop) 2019 course dates: 12 & 13 February – Gore 26 & 27 February – Christchurch 27 & 28 March – Palmerston North Should your important event be listed here? Phone 0800 85 25 80 or email adcopy@globalhq.co.nz
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Website: To register visit www.awdt.org.nz/programmes Contact: keri@awdt.org.nz or 06 375 8180 for more information