@@@@@@@@@AAAACBAA@@AABBBAAAA@AAAAAAAACCCCCCCCCCBBBBCCBBA@@@AA@@AAAABBBBBBBBBBBBBBBBBBABBCCBBAAABBBBCCCCCCCCCCDDDDDDDDDDDDDDDDCCCCCDDDCCCCCCBACCDDDDEEDDDDDDDDDDDDDDDDCCCCCCCCCCCCCCCCCCCDDEEFGGFFFFGGGGGGGGGGGGGGGGGGGGGGGGGGHHGGGGFFGGGFEEDDFFFFFFFFEEEEEEEEEEEEEEEEDDDEEDDDCCBBBBAA@@@@@@@@?>>======== ! Larry and his family started dairying in Muleshoe, Texas, in 1978, with one heifer that calved in the truck. Liquidating farm assets can complicate the process due to potential tax liabilities that arise when selling farm assets. Harold serves as co-vice chairman of the Northeast Area Council, as treasurer of the New England Dairy Promotion Board and was recently inducted into the Vermont Agricultural Hall of Fame. In 2014, he was recognized for his leadership in the Missouri dairy industry with the Missouri Dairy Legacy Award, and was named Director of the Year by the National Council of Farmer Cooperatives. << Tax rates for short-term gains are 10%, 12%, 22%, 24%, 32%, 35%, and 37% through the end of the 2025 year. The different methods used by cooperatives She also oversees the Cooperatives innovation efforts, includingDFAs CoLAB Accelerator and investments in ag-tech and dairy food startups. The farming life has always been a highly respected occupation, but not easy. You can browse through all 677 jobs Dairy Farmers of America, Inc. has to offer Packaging Operator Belvidere, IL $25.52 an hour Easily apply 30+ days ago View job Forklift Operator Salt Lake City, UT $23.68 an hour Easily apply 1 day ago View job Warehouse Worker Burlington, NJ Up to $22.43 an hour Easily apply 28 days ago View job General Labor Members must treat retained patronage and capital retains as income for tax purposes. Pete is also in partnership with two of his sons on their 650-cow Jersey dairy. ! It is important to understand that there are different types of taxes and each will have its own set of code or rules and associated tax rates. Reference to commercial products or trade names does not imply endorsement by MSU Extension or bias against those not mentioned. We are positioned to move forward, addressing together the challenges of an increasingly dynamic, volatile and global industry. Melvin has been dairying since 1981 on the farm started by his father. Andrew joined DFA in 2012 and has since served in various roles within the Legal Department. Every time you shop for groceries, just look for the logo. Dairy farmers are having to consider a number of life changing decisions that they never thought would come. Vanilla Expertise: Navigating the Challenges of Natural Vanilla, Processing Equipment & Systems, Automation, Control, Packaging & Packing Materials, Containers, Got functional milk? Danelle serves as DFAs senior vice president of finance and chief treasury officer. Senior Vice President, Chief Legal Officer, and General Counsel. Together, they milk 2,000 cows on three different dairies and farm 1,800 acres of corn, alfalfa and wheat.
Jim Hilker: Tax Considerations When Exiting Dairy Farming In partnership with his wife, Teresa, their son, Brandon and his wife, Rachel, Bruce milks 50 cows and grows corn, soybeans and alfalfa on 350 acres. Executive Vice President and Chief Financial Officer, As executive vice president and chief financial officer, Kevin is responsible for all finance and accounting functions, along with information technology and internal audit, and works closely with operating divisions on financial matters. . Our mark matters and it represents the wholesomeness of dairy that we share with our communities and loved ones. As of Dec. 31, 2020, DFA had not drawn on its $725 million five-year unsecured credit facility that matures in November 2024 with a $250 million accordion feature. On the farm, they raise all of their own replacement heifers, double-crop 850 acres with corn and winter forage and farm 300 acres of almond trees. Chris, his wife, Mary, and son, Stratton, own and operate two Holstein dairies in Fort Morgan, Colo., where they milk 5,600 cows and farm 900 acres. How you wind down is dependent on the financial position, strength and liquidity or working capital along with what the creditors will agree to. Kristine and Marks four children, Kate, Adam, Seth, Ryan and Ryans wife, Jen, all help out on the farm. Claudia Haar, left, and husband Jonathan Haar, farmer-members of Dairy Farmers of America. Any farm sale is inherently complex and the topics are interrelated. Travis is also a member of DFAs Executive Committee. In hercurrent role as senior vice president and chief communications officer, Kristen is responsible for overseeing the Cooperatives communications strategy, marketing, brandand messaging development and ensuring effective communication withfarmer-owners, employees, consumers, customers and other key stakeholders. As herdsman on Ingleside Dairy Farm Inc., Jennifer is responsible for caring for cows on the dairy and completing financial book work. Perry, in a partnership with his wife and parents, milks 3,200 cows. He currently serves as chairman of Newtrient, vice chairman for the Innovation Center for U.S. The sale of younger raised breeding livestock, heifers and bulls, that are less than 24 months of age, are taxed as short-term gain at the ordinary income tax rate and entered in Part II of Form 4797. He served as vice president of the Dairylea board, sat on Dairyleas resolutions committee, and participated in the Dairylea Young Farmers program. /BitsPerComponent 8 Many farmers will stop farming but continue to rent land and other assets for a long period of time. |b. The equities and . 0
Since 2008, he served as senior advisor for DFA, providing oversight for varied investments and joint ventures.
Dairy Farmers of America Secures Up to $45 Million in Usda Grant The organization was renamed "Dairy Farmers of Canada" in 1942. For a cash-basis taxpayer; crops, feed, milk, and other supplies will normally have a zero cost-basis as the cost of these assets has usually been deducted as a cash expense. /Type/XObject John milks 180 cows on 675 acres on his farm in Saint Henry, Ohio. John has served as vice president of the New Mexico Dairy Producers board and as secretary for DFAs Southwest Area Council, where he has been active on the corporate Fluid Marketing and Public Policy Committee, as well as the hauling, membership, finance and plant committees. Additionally, Tom serves on the board of directors for Midwest Dairy Association and Missouri Dairy. 816-801-6200. By leading innovative research, providing nutritional education, and promoting healthy living, we work every day to make Canadian milk better. Alan, a third-generation dairy farmer, is in a family partnership and milks 7,500 cows on two dairies. ! DFA is an organization of local, family farmers from across the country, which means that we're owned by the family farmers we passionately serve. He is also a member of DFAs Executive Committee. In lieu of the higher tax liability usually generated on machinery and equipment sales, leasing the machinery and equipment may be an option to consider. Renting or leasing the equipment will not trigger depreciation recapture and will allow for a continued income for years to come. Profits or gains are taxable income. Installment sales of machinery & equip, and purchased breeding livestock will trigger immediate taxations of recaptured depreciation in the year that the agreement of the sale took place regardless of the repayment terms. 683 0 obj<>stream
He also served in milk supply, operations and procurement roles for Dean Foods. This may not necessarily coincide with the sale of a farm and exiting the business. He currently serves as chairman of the Piedmont Soil and Water Conservation District and the Amelia County Planning Commission. He is actively involved in his local community, serving as chairman of the Churchill County Commissioners and the Churchill Economic Development Authority. Brian owns and operates Tuleview Holsteins with his family. Pat has worked for DFA since 2009 and has held a variety of leadership roles, including president of DFAs legacy Fluid Milk and Ice Cream Division. He also has served on the National Dairy Promotion and Research Board and is a member of the Dairy MAX Western Dairy Association Promotion Board. He has held senior positions in finance, operations, marketing, strategy, mergers and acquisitions, sales and general management. Andrew currently serves as senior vice president, chief legal officer, and general counsel of DFA.
Working At Dairy Farmers of America - Zippia From 20092020, she served as coordinator for the Virginia Dairy Princess Program, and she was a fellow for Virginia Agriculture Leaders Obtaining Results (VALOR) in 2016. Gain from dispositions of certain depreciable property. Buster, his wife, Beverly, and son, Jason, operate two neighboring dairies one with 5,200 Jerseys and one with 5,500 Holsteins. If you would like to help, donate to DFA CaresHERE. Bryan is the secretary of the Mideast Area Council and a board member of the Dairy Marketing Program Scholarship Committee at Michigan State University. The Gibsons milk 80 cows in a hybrid operation, which combines grazing with conventional management techniques. Dairy Farmers of America Inc. (DFA) is a national milk marketing cooperative in the United States. At Dairy Farmers of America, we're proud to share the simple pleasures of real dairy straight from our family farms. Rates are generally significantly lower than the ordinary rate at the same income level. 14% of Dairy Farmers of America employees are Hispanic or Latino. Before that, he held the position of audit manager at Deloitte & Touche LLP, then divisional controller at Freightquote.com. Perry served on the California Milk Advisory Board and as dairy chairman for the Kern County Fair. ?>=
The family practices 100% no-till and cover-crop farming. . Larry is a fourth-generation dairy farmer currently in partnership with his eldest son, Chad. Prior to joining DFA in 2015, Jeff spent 29 years with Dean Foods in various roles, including vice president of IT corporate functions. Department of Justice antitrust officials announced a settlement Friday to allow Dairy Farmers of America to buy the bulk of Dean Foods Co.'s milk plants out of bankruptcy, merging the nation's . Ron has served as treasurer for the Mountain Area Council for 16 years. Raised breeding livestock such as cows and bulls that are older than 24 months of age are assets defined in IRS U.S. Code Sect 1231. Depreciation recapture is deemed ordinary income gain and is taxed at short-term capital gain rates. DFA's new capital plan that began in January 2020 materially increased retained equity as expected that supports improved FCF when adjusted for capital retains. Handyhills milks 120 cows and has 1,000 acres of corn, beans, alfalfa and grass for forage. The rent income typically can offer needed stable income for years to come. %
Fitch Affirms Dairy Farmers of America, Inc.'s Ratings at 'BBB It can be used to help spread out the taxable income and may lower the tax bracket used. Fresh Milk [13], In 2008, the Dairy Farmers of America and two former executives agreed to pay $12 million to settle Commodity Futures Trading Commission charges for attempting to manipulate the Class III milk futures contract and exceeding speculative position limits in that contract.[14]. A merger between Dairy Farmers of America and Dean Foods could impact hundreds of thousands of dairy . 1250. >> 0000002160 00000 n
@@@@@@@@@AAABBAA@@AABBAAAA@@AAAAAAAACCCCCCCCCCBBBBCCBBA@@@AA@@AAAABBBBBBBBBBBBBBBBBBABBBBBBAAAABBBBCCCCCCCCCDDDDDDDDDDDDDDDDCCCCCDDDCCCCCBBACCDDDDEEDDDDDDDDDDDDDDDDCCCCCCCCCCCCCCCCCCCDDEEEGGFFFFGGFFFFFFFFGGGGGGGGGGGGGGGGHHGGGGFFGGGFEDDDFFFFFFFFEEEEEEEEEEEEEEEECDDEEDDCCBBBBAAA@@@@@@@@?>======<== ! From accountants and HR professionals to food scientists, drivers, on-farm field staff, machine operators and more, our employees each play a critical role in supporting our family farmer-owners. In 2007, Melvin and his wife, Kelley, started Medeiros Holsteins to diversify their operations and capitalize on the opportunity to market milk through DFA. Kevin has been in the dairy industry his entire life. John owns and operates H.A.W. They milk on four dairies, approximately 350 cows on each, and raise all of their own replacement heifers. DFA markets members' raw milk and sells milk and derivative products (dairy products, food components, ingredients and shelf-stable dairy products) to wholesale buyers both domestically and abroad.
Home | DFA Milk An installment sale is a sale of property where you receive at least one payment after the year of sale. Gain from disposition of certain depreciable realty. Greg is a Mideast Area Legislative Committee member and an American Dairy Association Mideast board member. Check out the Michigan Manure Hauler Certification Program! A particular farm situation may be very different than is discussed in this article. Prior to DFA, he worked at McCormick & Company. He was also a managing partner of two dairy farming operations, which were both DFA farms. Special note on Trade-ins: Sale amounts above the original acquisition price or basis will also be considered as depreciation recapture on post-1999 traded-in items used in the sold assets acquisition before long-term capital gain will be allowed. The family markets breeding stock nationally and internationally, and has sold cattle and embryos worldwide. MSU is an affirmative-action, equal-opportunity employer. Dairy producers fund its operation, including promotional activities. The gain is equal to the sale price, net of selling costs, minus the cost-basis (purchase price or inherited basis less any building depreciation claimed in earlier years). It is a member of the non-profit Canadian Federation of Agriculture. @@AAAAABCDCBABCBBBBBBBBBBBBBBBBBBBBBBCDCCCCCCCCBBBBBBBBCCCCCCCCCCCCCDDDCCCCCCCCDDDDDDDDEEEEEEEEEDDDDCCCBBBBBCDDDDDCCCCCDDDDEEEEFFFEEEEEFFFFFFFFGGGGGGGGFFFFFFFFFFFFFFFFFFFEEEEEEEEEEEEEEDDDDCCCEEEEEEEEDDEEEEDDCCCBBBBBBBA@?>==@?>= !!" In his current position, he oversees several departments, includingcommunications,marketing, events and experiences,corporateriskmanagement,ethics and compliance, food safety, quality, andregulatoryservices,governmentand industryrelations, and human resources. John served on the Corporate Resolutions Committee for 11 years and served on the Northeast Area Council for three years.
Plant Manager Job in Athens, TN at Dairy Farmers of America, Inc. funds and accumulating patronage-based capital that also qualifies for single tax treatment. Central. Jeff, in partnership with his wife and son, manage and make all of the feed for a herd of registered Holsteins on 300 acres. ""###$$%%%%%%%%%%%%%%%%%&&(''&&''('())*******+,-./..///00001111111111111101123444444444443333222334566789:;;:989999::::999:::::::;<<>>>???@@@@@@@@@@@@AAAACCCCCDDDEDDCCDDEBBBAAAA@@@@@@@@@@@@@@AAABBAAAA@@@@AAAABBBBAAAA@@BBBBBA@?@AABBAA@AAAA@@@@@@ABBBAABCCCA@ABAAAAAAAAAAAAAAAABBAAABCCCCCCCCCCBBBBBBBBCCCCCCCCCCCCCDDDCCCCCCCCDDDDDDDDDDDDDDDDDDDDCCCCBBAA@AAADDDCCCCCCDDDDEEEFEEEEDDDEEEEEEEEGGGGGGGGFFFFFFFFFFFFFFFFFEEEEDDDEEEEEEEEDDDDCCCCDDDDDDDDCCDDDDCCCBBBBAAAAA@@? Lilah received the North Dakota Milk Producers Association Merit Award in 2014. Alex also has leadership responsibility for executing certain enterprise-wide decisions and initiatives, which drive DFAs culture and performance. Per-unit retains can be issued as capita l certificates , permitting the coo perative to retain If the sale can straddle two years it is easier to manage the potential tax liability.
Contact us | DFA Milk - Dairy Farmers of America Coop equities and retains are generally taxed in the year of issuance of the patronage dividend or product sales. Net sales in 2016 were $13.5 billion, representing about 22 percent of raw milk production in the United States. Doug is a recipient of the Proud to be a Nebraska Farmer Award. Glen milks 300 registered Jerseys on 360 acres. DFC members include dairy farmer organizations from all the Canadian provinces. In addition, they plant row crops and hay on more than 1,000 acres and manage 850 acres of pastureland. This accelerated amount is deemed recaptured depreciation and is taxed as short-term ordinary gain. Look for the logo. He previously participated in DFAs Young Cooperators program and served as a delegate for DFA. A follow-up study investigating the impact of such a label revealed that Canadians were willing to pay more money for dairy products that specified using 100 percent Canadian milk products, versus its non-Canadian certified counterparts. Ensures corporate policies and standards are followed in both capital project implementation as well as daily maintenance. He is president of The Dairy Alliance, the United Dairy Herd Improvement Association and the American Dairy Association of South Carolina. As part of the deal, DFA would acquire 44 of Dean's plants. He is heavily involved in Dairy Management Inc. and serves on various local committees. %PDF-1.4
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Dairy Farmers of America | LinkedIn Rob is active in the industry, serving as chair of IDFAs Standards and Labeling Committee and as a member on its Food Safety, International Trade and International Standards Task Force Committees, and the Innovation Center for U.S. Dairys Food Safety Operating Committee. He previously served with Utah Dairymens Association, Bear River Valley Co-op and several agriculture-related committees for Utah State University. And because our Cooperative is owned by our farmers, they're personally invested in every product, decision and step we take as an organization. Property used in the trade or business and involuntary conversions. Options can include the sale of everything at once to partial sales or even to the sale of some items while leasing such assets as the milking herd. Greg is a member of Preston County Farm Bureau, Monongahela Conservation District and the Salem Church of the Brethren. Website. Bill, a third-generation dairy farmer, has been dairying since 1980. By leading innovative research, providing nutritional education, and promoting healthy living, we work every day to make Canadian milk better. We comply with the Federal Trade Commission 1998 Childrens Online Privacy Protection Act (COPPA). Michigan State University Extension programs and materials are open to all without regard to race, color, national origin, gender, gender identity, religion, age, height, weight, disability, political beliefs, sexual orientation, marital status, family status or veteran status. 0000000016 00000 n
Dairy Farmers of America. Dennis has an extensive background in banking and finance and has owned various ag businesses. """"##$$%%%%%%%%%%$%&&&&&&''&&&&'''()**+**++++,--///000011111111111100/0012333333333433332222334566689:;;:989999::::888999999::;;;;;;<<<<=======>>>>????????????@@@@ABBCCCCBCCCCCCCCAAAA@@@@@@@@@@@@@@@@@AAABBAAAA@@@@AAAABBBBAAAA@@ABBBA@??@@AAAA@@A@@@@?????@AAA@@ABCBA@ABAAAAAAAAAAAAAAAAAAAAAABCBBBBBBBBAAAAAAAACCCCCCCCCCCCCDDDCCCCCCCCDDDDDDDDDDDDDDDDDCCCCBBBBAA@@ABBDDDCCCCCCCCCDDDDEEEDDDDDDDDDDDDDEEEEEEEEEEEEEEEEEEEEEEEEEEEDDDDDDDDDDDDDDCCCCBBBDDDDDDDDBBCCCCBBBBBAAAAA@@@@??? On February 1, 1994, Dairy Farmers of Canada merged with the Dairy Bureau of Canada, the national non-profit organization responsible for the overall promotion of Canadian dairy products. %PDF-1.3
USDA Announces Additional Assistance for Dairy Farmers 0000002965 00000 n
The gain is considered depreciation recapture and taxed as ordinary income (self-employment tax is not initiated with 1245 property) as long as the sale price is less than the purchase price. Alan is also a member of DFAs Executive Committee. Neil milks 150 cows and farms 160 acres of wheat for hay. Must be able to pass all pre-employment screens (including drug, background and criminal checks). Jerrel and his wife, Alma Jean, have been dairying since 1984 on the farm started by her grandfather. Dairy Farmers of America (DFA), a national dairy cooperative owned by family farmers, reported its 2020 financial results today for the 12-month period ending Dec. 31, 2020. =(jauvc:45?4$[6m^q:[;HVHM(:)Rd.iVahlut#?S gz]+4)*gogQv&}Fc- o'r.`nY42 President and Chief Executive Officer, Dairy Farmers of America. Long-term capital gains on most assets used in a trade or business are taxed at only three rates: 0%, 15%, and 20%. The 4-H Name and Emblem have special protections from Congress, protected by code 18 USC 707.
PDF Base Capital Financing of Cooperatives - Rural Development He is a member of the Prairie Heights FFA Alumni Association, Stroh Church of Christ and Steuben County Board of Zoning Appeals. operations, (3) capital retains that are milk payments but are withheld at a certain rate per hundredweight of milk, and (4) retained earnings that are earned on non-member business. Selling some cows, which ones depend on the market outlook and when to get the best price, with the rest sold after using up the remaining feed. The sale of both raised breeding livestock and purchased breeding livestock as well as other assets can create two different types of capital gain (short-term or long-term), each have very different tax consequences. As chief food safety officer, Rob leads the Cooperatives enterprise food safety, quality and regulatory services functional area. The SE tax is actually made up of two different tax rates, Social Security and Medicare. The most common ethnicity at Dairy Farmers of America is White (69%). He joined DFA in 2012 and has held various roles, including director of operations and chief operating officer of the Southeast Area. All of the gain or profit on a sale is treated as long-term capital gain if the asset was depreciated using the straight-line depreciation method, long-term capital gain receives a more desirable lower tax rate treatment. In addition, she leads farmer-owner development programs aimed at fostering the next generation ofDFA and industry farmer-leaders. In addition, he serves on the National Milk Producers Federation board and the Nebraska Dairy Council. This new facility in Michigan under the same JV partnership is a continuation of that success., Copyright - Unless otherwise stated all contents of this web site are 2023 - William Reed Ltd - All Rights Reserved - Full details for the use of materials on this site can be found in the Terms & Conditions, Related topics In addition, Fitch has placed the 'F2' Short . Dairy board representing Dairy Management Inc. Leroy joined his father in dairying in 1970. All policy, marketing, nutrition and market research activities were regrouped under the newly formed organization, which retained the name "Dairy Farmers of Canada". Life with DFA; What is a Cooperative; Students and Graduates; . Bill is an active member of the community, coaching eighth grade basketball. Updated from an original article written by Jim Hilker, Adam J. Kantrovich, John James. stream DFA also acquired Cumberland Dairy, a processor of ultra-pasteurized dairy products, in 2017. Currently, he and his wife, Jennie, have help from their three sons and their families on the operation. A partial sale option can be used by selling some assets that are not critical to the core business activity(ies), especially if they are not generating income. She also oversees the internal complaint reporting program and investigations into ethics and compliance concerns. 1 0 obj ""###$$%%&%%%%%%%%%%$$$%&&(''&&''('()**+*****+,-//..///00001111222222221111233444444444444433333345667789:;;:989999:::::::::;;;:;;<<<>>>>????@@@@@@@@@@AAAABBCCCBCCDDEDCCCCDEBBBBAAAAAAAAAAAA@@@@@AAABBAAAA@@@@AAAABBBBAAAA@@BBBBBA@?AABBBBAAAAAAA@@@@@AABBAABCDCAAABAAAAAAAAAAAAAAAABBAABBCCCCCCCCCCBBBBBBBBCCCCCCCCCCCCCDDDCCCCCCCCDDDDDDDDDDDDDDDDDDDDDCCCBBAAABBCDDDCCCCCDDDDEEEEFFFEEEEDFFFFFFFFGGGGGGGGFFFFFFFFFFFFFFFFFFFEEEEDEEEEEEEEDDDDDCCCDDDDDDDDCDDEEDDCCCCBBBBABAA@?>>=? Brad entered the dairy industry on the processing side of the business, where he worked at Sorrento Cheese and was responsible for purchasing and milk procurement. Canadian dairyfarmersare naturally committed to sustainability and the environment. MSU is an affirmative-action, equal-opportunity employer, committed to achieving excellence through a diverse workforce and inclusive culture that encourages all people to reach their full potential. She is responsible for all of DFAs banking and capital markets activities, as well as treasury, credit and accounts receivable, accounts payable, capital and mergers and acquisitions. Deans Handyhills Farm is an eighth-generation bicentennial farm, owned and operated as a joint venture with his brother, nephew and their wives. On Fair Hope Farms, they care for nearly 200 livestock, milk about 70 cows and manage a broiler operation. Dairy Farmers of Canada (DFC) is an advocacy group created in 1934,[1] when a number of related groups merged to form a single entity for representing the interests of dairy farmers. 2) you are divesting of assets they feel are pertinent to the continuation of the business not allowing the farm to produce the cashflow necessary to pay the loans back. Dairy Outstanding Dairy Farm Sustainability Award in 2016. The Medicare portion of SE is taxed at 2.9 percent for all self-employed income even above $132,900. Alan has more than 45 years of experience in the dairy business, most of it spent in senior level management positions.
They are kept back by the cooperative as equities or retains to provide capital to build and carry on business activities. Stephanie Schoening equity@dfamilk.com. At Dairy Farmers of Canada, delicious milk is just the beginning.
Fonterra drops in global dairy company Top 20 rankings They raise their replacement heifers on a feedlot and grow hay, barley, wheat, potatoes and corn on 8,000 acres. John and Nancy were awarded the Mideast Young Couple award in 1998. Love Canadian dairy? &,WfbO?Euk@xB|cW^~$=xa+fUnlekDYk[TKJg++? Senior Vice President and Chief Operating Officer, Northeast Area. In this role, he oversaw U.S. milk marketing across DFAs seven Areas and the global marketing and operations of DFAs Ingredient Solutions Division, as well as several other business divisions. Todd, a third-generation dairyman, milks 1,100 cows on 3,000 acres at Ivy Lakes Dairy. Before you begin the sale of farm assets it is imperative that you communicate with the bank and with tax and legal professionals that understand agriculture and tax code.