In this special 3-part series, we are bringing you the Tanbark Talk held at World Dairy Expo, where we delved into the complexities of transitioning a farm to the next generation.

Part 2: This discussion includes:

• Buying out the senior generation while bringing in the junior generation

• Tax strategies

• Business planning

Meet the Panelists:

· Dennis, Jeni & Alan Oechscner, Oechsner Farms: This seventh-generation dairy farm is currently navigating a 10-year ownership transition plan. The Oechsners will share their firsthand experience managing multi-generational dynamics while embracing modern technologies.

· Jared Holt, President & CEO, Ascent Financial: Jared brings deep financial expertise to the discussion, offering insights on estate planning, debt management and financial strategies for long-term success.

· Steve Schwoerer, VP of Dairy Lending, Compeer Financial: With over 31 years in dairy lending, Steve will share his knowledge on financial planning for transitions and how Compeer supports dairy clients through the process.

This episode is sponsored by Compeer Financial.

Compeer Financial is a member-owned Farm Credit cooperative serving and supporting agriculture and rural America. Their dairy team brings world-class expertise and tailored solutions to support dairy producers’ financial goals and lending needs.

For more information, contact:

• Compeer Dairy Industry Experts

• Dairy Industry Articles: Gain knowledge from subject matter experts

• Navigating the Dairy Industry Today: On-Demand Webinar Series

In this special 3-part series, we are bringing you the Tanbark Talk held at World Dairy Expo, where we delved into the complexities of transitioning a farm to the next generation.

Part 1: This discussion includes:

• How and why the Oechscners started their 10-year plan to transition their farm to the seventh generation

• Building a transition team

• Defining roles in the business

• Assessing financial feasibility

Meet the Panelists:

• Dennis, Jeni & Alan Oechscner, Oechsner Farms: This seventh-generation dairy farm is currently navigating a 10-year ownership transition plan. The Oechsners will share their firsthand experience managing multi-generational dynamics while embracing modern technologies.

• Jared Holt, President & CEO, Ascent Financial: Jared brings deep financial expertise to the discussion, offering insights on estate planning, debt management and financial strategies for long-term success.

• Steve Schwoerer, VP of Dairy Lending, Compeer Financial: With over 31 years in dairy lending, Steve will share his knowledge on financial planning for transitions and how Compeer supports dairy clients through the process.

This episode is sponsored by Compeer Financial.

Compeer Financial is a member-owned Farm Credit cooperative serving and supporting agriculture and rural America. Their dairy team brings world-class expertise and tailored solutions to support dairy producers’ financial goals and lending needs.

For more information, contact:

• Compeer Dairy Industry Experts

• Dairy Industry Articles: Gain knowledge from subject matter experts

• Navigating the Dairy Industry Today: On-Demand Webinar Series

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The good, the bad and the uncertain.

That’s what you will be hearing about in the November monthly market update from Curtis Bosma with HighGround Dairy, and we also bring you an update on the Federal Milk Marketing Order with HighGround’s Alex Gambonini - what has happened, what the final decision means and where we go from here.

Grab your November Market Report here: https://marketing.highgrounddairy.com/producer-market-update-november-2024.
This episode is brought to you by:
HighGround Dairy provides global dairy market intelligence, insurance services, futures & options brokerage, and advisory programs to a diverse range of dairy market participants throughout the supply chain.

Information shared in this podcast is for educational purposes and is not a solicitation to buy or sell commodities. Opinions expressed are current opinions as of Nov 19, 2024 at 10 a.m. CST and only represent the views of the speaker and not those of HighGround Trading, unless otherwise expressly noted.