Passing land on to the next generation of farmers and ranchers can be critical to the success of an operation. As the average age of landowners and operators continues to rise, transition planning becomes increasingly important. One mechanism to assist with this transfer is the Conservation Reserve Program-Transition Incentives Program (CRP-TIP).
What is CRP-TIP? Administered by the U.S. Department of Agriculture’s (USDA) Farm Service Agency (FSA), CRP-TIP assists landowners with expiring CRP contracts by incentivizing land transfer to an underserved or beginning farmer who will return the land to sustainable agricultural production. Land is enrolled in CRP with conservation benefits such as wildlife habitat, soil health, and water quality—in mind.
Click here to read more cfra.org
Photo Credit: gettyimages-sasiistock
Categories: Iowa, General