Exploring the Business of Agriculture 2017 CLE: Economics, Law, Tax, and Government

About the Program

Washburn University School of Law, Kansas Farm Bureau, and Kansas State University present the 2nd annual symposium that examines the intersection between the business and economics of agriculture and the legal environment in which they operate. The legal environment is composed of the body of law impacting agriculture, the applicable tax systems, and government programs unique to agriculture. Law and regulation impacting the agricultural businesses of farming and ranching are the focus of this symposium.

The symposium is being held at Kansas Farm Bureau, 2627 KFB Plaza, Manhattan, Kansas ( map ).

This CLE will also be available as a webinar for those who would like to attend online (see "Information for Online Attendees" elsewhere on this page).

Registration fee for in-person and online attendees seeking CLE credit is $250.

Register and Pay Online
at the Kansas Farm Bureau website


Symposium Schedule

7:40 a.m. – Registration

8:00 a.m. – Introductions & Welcome

  • Terry D. Holdren, CEO and General Counsel, Kansas Farm Bureau.

8:15 a.m. – The Farm Financial Situation

  • Allen M. Featherstone, Department Head and Professor, Department of Agricultural Economics, Kansas State University
Farm income bounced back in 2016 although roughly 2/3s of Net Farm Income was from Government payments. This discussion will look at the situation including early thoughts on where 2017 will be from a farm income perspective and the situation farmers face as they plan for 2018. Farm profit margins continue to be very tight although there have been opportunities to price crops during the summer of 2017.

9:15 a.m. – Regulation

  • Ryan Flickner, Senior Director, Advocacy Division, Kansas Farm Bureau
This session focuses on state of Kansas regulations and environmental laws of importance to farming and ranching operations.

9:45 a.m. – Break

10:00 a.m. – Tax and Legal Considerations, Part One

  • Roger A. McEowen, Kansas Farm Bureau Professor of Agricultural Law and Taxation, Washburn University School of Law
The tax and associated legal issues arising from the wildfire in Kansas in early 2017; financial distress tax issues; wheat streak mosaic issues.

10:40 a.m. – Weather

  • Mary Knapp, Service Climatologist, Department of Agronomy, Kansas State University
Understanding the frequency and variability of severe weather is critical to risk management. This session will look at the various types of severe weather, the frequency of the occurrence, and various tools to manage the risks associated with the events.

11:15 a.m. – Crop Insurance

Conditions when crop insurance does not cover the crop loss.

12:00-1:00 p.m. – Lunch (provided)

1:00 p.m. – Rural Law Program

  • Shawn Leisinger, Centers for Excellence Executive Director, Externship Director, and CLE Director, Washburn University School of Law
An update on Washburn University School of Law's Rural Law Program.

1:30 p.m. – Succession Planning

  • Greg Hadley, Associate Professor, Department of Agricultural Economics, Kansas State University
When people think of farm and ranch succession planning, they often think of the process of passing the assets of an estate to the next generation. That is a very important component of farm and ranch succession, but there are other very important components, too. Communication strategies, intergenerational and family dynamics, strategic planning, operations planning, financial feasibility, establishing a farm business structure, and determining how to transfer the work, management and leadership of the farm or ranch all also important issues. This session will examine these components of succession planning and suggest ways for you to organize your succession planning activities.

2:15 p.m. – Break

2:25 p.m. – Tax Considerations, Part Two

  • Roger A. McEowen, Kansas Farm Bureau Professor of Agricultural Law and Taxation, Washburn University School of Law
This session focuses on selected tax topics uniquely applicable to farming and ranching operations.

3:10 p.m. – Break

3:20 p.m. – Interstate Water Disputes

  • Burke W. Griggs, Associate Professor of Law, Washburn University School of Law
From Montana to Florida, a record number of states are currently litigating interstate water disputes before the Supreme Court; meanwhile, other states are seeking to resolve their own interstate water conflicts outside the courtroom. Both types of contests are raising important questions about the role of the federal government in water supply management, the increasing importance of groundwater supplies, and the relationship between interstate disputes and state water law. This presentation will survey the interstate disputes before the Supreme Court, settlements reached outside the Court, and provide some informed speculation about what these results might mean for Kansas.

4:05 p.m. – Producer Panel

Various producers discuss the issues they face and the value of lawyers/economists and other professionals to their business.

4:45 p.m. – Adjourn

Register and Pay Online
at the Kansas Farm Bureau website

Short URL for this page:
http://washburnlaw.edu/businessofagriculture

Register and Pay Online
at the Kansas Farm Bureau website

Date

Monday, September 18, 2017

Location

Kansas Farm Bureau
2627 KFB Plaza
Manhattan, Kansas
( map )

Registration Fee
  • $250 (attendees seeking CLE credit)
  • $50 (all others)
CLE Credit

Accredited by the Kansas Continuing Legal Education Commission for 6.0 CLE hours, either in-person or online (no ethics hours are available as part of this program).

Other Continuing Education Credit

Accedited for 7 hours credit for CPAs and IRS agents.

Questions

Questions regarding this event should be directed to Rich Llewelyn, rvl@ksu.edu or (785) 532-1504.

Register and Pay Online
at the Kansas Farm Bureau website