Farmland is valuable and often, the income potential is not fully realized. The emotional ties to the farm can be extremely strong, however, there should be no reason why those same emotional ties should limit the profitability of your most cherished asset. To be successful, farm operators and land owners need to plan for the future and manage change.

Farm operations in Oklahoma and Kansas are on the verge of extensive change due to increased absentee ownership and an aging farm population, along with traditional methods for farming changing as crops become more diversified.

Goals concerning increased income, asset conservation, risk management, management continuity, operating budgets and marketing strategies need to be considered when making a professional farm management plan.