A forum on farm transition options was held in Cooma on November 30 2015 with the support of the Department of Primary Industries Rural Resilience Program and Monaro Farming Systems (MFS). MFS, a production-focused farmer group had recognised a strong need on the Monaro and elsewhere for practical and realistic alternatives to selling and leaving the farm.
This community forum, attracting over 100 participants, highlighted some local success stories where elderly farmers remain on their properties while younger operators take over the business responsibilities. Nimmitabel grazier and MFS member, Mr Steve Rolfe, was one of the main drivers of the information day. He sees farm leasing and other innovative transition options as solutions for both farmers who want to exit, and those who want to enter farming.
The Q&A style forum highlighted the successes and the pitfalls of various leasing and share-farming options with a panel of experienced professionals answering questions relating to legal, financial and personal aspects of such deals.
“There are plenty of young and enthusiastic sons and daughters of farming families who are well educated and have the skills, but don’t necessarily have the capital or opportunity to set themselves up to farm,” Mr Rolfe said.
Click here to view a VIDEO recording of the day.
Click below to download a copy of the services directory of professional contacts in the Monaro district.