A3B-Lancaster Farming, Saturday, April 8, 1995
Farm Link, PFB
(Continued Irom Page A 29)
devised the strategy of providing
for a wider variety of loans by
splitting up the allocation pie while
not increasing available funds.
While she said she has a total of
$76 million, it is all split up and she
is restricted from lending it accord
ing to local priorities.
“We need more private sector
lenders involved with beginning
farmer loans,” she said, citing a
program offered through the Leba
non Valley National Bank. She
said that the institution is the only
one she could think of that offered
such a program.
According to Cook, the LVNB
program provides for a three-year
interest break for beginning far
mers and that they work with
farmer-borrowers. >
“There’s no reason (other com
mercial lenders) couldn’t be doing
more.”
She said that during the previous
week, during a discussion with
lenders about what could be done
to help beginning farmers, she
said, “A lot of what they’re talking
about is already there.” The com
mercial lenders have to become
more aware of the guarantees and
programs available to assist them.
Also speaking was Donald
Hummel, manager of PFB Farm
Management Services. He
reviewed some of the same topics
previously discussed but added
others in his review of how to
include non-heirs into a family
farm.
First, the farm-owner has to come to terms
with what goals they have for the farm and
whether or not they would like to help an
entering fanner get started, or obtain full
market value for the property.
He said a curious thing happens to people:
“The young want to change the world; the old
want to change the young.”
The reality behind that quip is that those
tendencies need to be addressed by both sides
in order to even begin to consider working
together.
According to Hummel, there are some
advantages to working with non-heirs. They
aren’t family and, “You can be more objective
and be able to treat them as individuals and
not like family members.” he said.
Further, he said there can be no hidden
meanings in conversations, or subtle slips
which may be perceived as deceptions. He
said, ‘Talk up front with the (young) couple,
and ask what goals they have and what they
expect.”
Other questions that need to be asked in a
transfer venture include: “From where is the
money coming to pay for anything?” and, “Is
what you’re asking the young couple to do,
possible?”
He said that as a general suggestion, to help
the entering farmer by financing some of the
debt is fine, but some of the money ought to be
borrowed from someone else.
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He said consider gifting some
things, or making partial gifts, sell
ing equipment in installments to
get a lax break, and working things
out together so that they arc man
ageable and workable by both
parties.
He said that the relationship has
to be built on fair treatment, good
management, written agreements,
confidence and trust, an openess to
change which may become neces
sary in order to keep the farm com
petitive. and to undergo regularly
scheduled reviews of the
agreements.
He also said that some may want
to conduct the transfer process in
the form of a partnership, where
the entering farmer begins with a
representative cut of the income,
and eventually builds to owning
the property.
It also provides for a trial period,
so that, if after the first year or so, it
doesn’t seem to be working, then
both can back out without losing
too much time and investment.
Hummel also provided a couple
of example of working
arrangements.
The day finished with a pannel
of farmers, both entering and retir
ing, who discussed some of their
concerns and experiences.
The gist of the stories told and
answers to questions seemed to
focus on two main issues.
For the older farm-owners, it
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(Continued from Pago A 25)
Maurer also said that at the state
level, the association is accepting
applications for an educational
consultant, which he said really
would a job more like an executive
secretary.
The annual state summer picnic
is to be held at the Solanco Fair
grounds, in Quarryville July
21-22. Notification should be in
the next state newsletter.
He also said that the next winter
convention is to be held in Berlin,
Somerset County, with the Berlin/
Brothers Valley YF serving as
host
He said the state association is
seeking someone to sponsor/host
the summer 1996 picnic, and the
association is always seeking
sponsors for its winter convention.
Of the annual awards the CCYF
presents, its conservation award
was presented to Eugene and Kath
lene Martin, who remodeled their
farm last year, built manure stor
age, developed a nutrient manage
ment plan, andhave4S acres in ter-
seemed to be that the desire to pass
on the farm must outweight the
desire to cash it in for as much as
possible; and for the young, the
desire to own land and live on a
farm has to outweigh the desire for
an easier standard of living.
Those interested in the program
or with any questions should call
1-800-9 PA-FARM.
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races, in addition to practicing
conservation tillage on 80 acres.
Also, Jeff and Karen Zook were
named the CCYF Outstanding
Young Farmer couple under 30
years old, while Alan and Carol
Nolt were named the association’s
Outstanding Young Fanner couple
older than 30.
The Community Service Award
was presented to Glen and Linda
KralC of Cornwall. In crop awards,
the Kralls also won recognition for
having the first place alfalfa entry
and the first place mixed hay entry.
The Honorary Young Farmer
Award was presented to Dorothy
Weiman, a secretary at Cedar
Crest High School, because of her
long-standing help with the
organization.
In other awards, Curvin and
Dawn Good were recognized for
having the first place entry in hay
silage quality, and also, for having
252 North Shirk Road • New Holland, PA 17557
the highest producing cow for milk
production. It made 43.323 pounds
of milk.
Ken and Rhoda Reist were hon
ored for having the top fat produc
ing cow, with production of 1,123
pounds.
Gordon and Lori Hitz were rec
ognized for having the highest pro
tein producing cow. with 1,111
pounds-. They also were recog
nized by having the largest average
herd increase in milk production,
increasing an average of 2,233
pounds last year.
The herd with the lowest soma
tic cell count belonged to Dave and
Linda Bomberger.
Dan and Dave Groff were also
honored for having the best quality
com silage, while Mark and Ste
phanie Patches were recognized
for having the best high moisture
ear com.
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