Number of Young Farmers Continues to Decrease
Number of Young Farmers Continues to Decrease Save Email Print
Waverly, Neb.
Posted: 5:21 PM Jul 23, 2008
Last Updated: 10:09 PM Jul 23, 2008
Reporter: Chie Saito
Email Address: chie.saito@kolnkgin.com

A | A | A

Nebraska is trying to reduce the financial hurdles in place for beginning farmers.

It's all part of the Beginning Farmer Tax Credit Act. According to the State Department of Agriculture, the program is still underutilized

Under the Nebraska sun, young farmers like 27-year-old Todd Reed continue the tradition of farming. But with the average age of Nebraska farmers at 53.9 years old, Reed is a minority.

"With our culture that style of 'I want it now, I want it now, I want it now,' people don't want to get back into agriculture because it's too much work," he said.

Reed hopes to one day have his own farm.

"It's a lot of work and a lot of hours, but if we didn't love what we did, we wouldn't be doing it," he said.

Right now, Reed works on a farm outside of Waverly with 4,500 acres of wheat, corn and soy. But getting into farming from scratch is no small feat.

"It's very very difficult to start up a farm -- to get the land and the machinery. It's almost financially impossible unless you have a dad or somebody in the family to help you out," said Rob Robertson, Nebraska Farm Bureau.

That's why nearly 10 years ago, the state legislature passed the beginning farmer tax credit act, which offers tax credits for landowners who rent their land to beginning farmers.

"If anything else, it makes us more competitive when we're at a disadvantage, when we don't have the capital backing that a lot of established producers do, and it gives us a better chance to get into agriculture," Reed said. It gives them a better chance while making sure Nebraska has a new generation of farmers.

Young farmers can now apply to have their taxes waived on some farm equipment they own. That's in addition to tax credits for land owners.

State agriculture officials say Nebraska and Iowa are the only two states to offer any kind of tax credit to land owners.

More Stories
Lance's Journal: One Woman's Treasure, July 6

Mayor Presents Budget to City Council

Governor Pushes Stimulus Funds To Increase Teacher Pay

Local Child with Diabetes Lobbies Congress

Bovine TB Tests Clean

Longtime Roads Department Employee is New Director

Eagle Man Dies in Crash

Neighbors Fight, Go to Jail

Post Your Comments
First Name:
Location:
Enter Comments: characters left
Email (optional):
By posting this comment I have read and agree to the Terms of Use and Privacy Policy:
You must agree to the Terms of Service to continue.
CarStar
What's On KOLN/KGIN
Special Features
Fourth of July Independence Day
Happy Fourth of July!
Community Calendar Community Calendar
Search and post upcoming community events
BryanLGH Healthy Everyday - BryanLGH
Health tips and stories
Wedding Information Bridal Boutique
Plan your wedding
It's Your Shot It's Your Shot
Share your photos
Buy It Nebraska Buy It Nebraska
Sell your stuff... buy some more!
Lance's Journal Lance's Journal
Nebraska's hidden treasures
Moms Everyday Moms Everyday
10/11 parenting stories and Serese Cole's Mom-to-Mom blog
It's Your Shot - Kids, Pets and Randoms!