Learn more about Bank First.

Legacy Nutrient Value refers to the value associated with crop-producing nutrients presented in the soil at the time agricultural land is purchased or inherited. These nutrients, including phosphorus, potassium, and other macro- and micronutrients, contribute to the land’s productivity and overall value.

Dairy Stream host Joanna Guza and guest, Dave Stamp, discuss the following topics:

• Financial value of Legacy Nutrient Value to a property
• Who qualifies
• Process of Legacy Nutrient Value
• Biggest challenge
• Soil testing
• Ownership and land considerations
• Property basis or future sale
• Documentation needed
• Biggest misconception
• Easiest way to learn more

Boa Safra Ag provides soil analysis, fertility valuation and documentation—not tax advice. Tax benefits depend on eligibility and individual circumstances. Consult your CPA or tax professional.

About the guest:

• Dave Stamp grew up on a diversified crop and livestock farm in southwest Iowa then graduated from Iowa State in Ag Business. He has over 40 years of experience in crop and livestock production with multiple companies and startups. My wife and myself own and operate a farm operation and I manage the referral partner program for Boa Safra Ag in Midwest covering Minnesota, Iowa, Missouri, Wisconsin, Illinois, Indiana and Michigan.

This is sponsored by the Boa Safra Ag.

Resources:

• How to get started: http://boasafraag.com/get-started/
• FAQs: https://boasafraag.com/frequently-asked-questions/
• Call us: (866) 879-6785
• Process: https://boasafraag.com/our-process/

Step away from the day-to-day and focus on what’s ahead at Dairy Strong, January 13 and 14 at Lambeau Field in Green Bay. Gain perspective on the markets, policies and innovations shaping dairy. Compare ideas with other farmers, bring your team into the conversation and return home better prepared to make strong decisions for your business. Register today for DairyStrong.org.

Compeer Financial is proud partner of Dairy Stream. Learn more about Dairy Stream sponsorship.

This podcast is produced by the Voice of Milk, a collaboration of individual dairy organizations working to improve the future of dairy farm families. Become a sponsor, share an idea or feedback by emailing podcast@dairyforward.com.

The Dairy Streamlet is a condensed version of a long Dairy Stream episode and covers the high-level points of the conversation. If this topic interest you, then listen to the full episode on Oct. 21.

Dairy Stream host, Joanna Guza, and guest, Dave Stamp, Midwest Region Referral Partner Manager at Boa Safra Ag, cover Legacy Nutrient Value, the process, challenges and the easiest way to get started.

Boa Safra Ag provides soil analysis, fertility valuation and documentation—not tax advice. Tax benefits depend on eligibility and individual circumstances. Consult your CPA or tax professional.

This is sponsored by the Boa Safra Ag.

Step away from the day-to-day and focus on what’s ahead at Dairy Strong, January 13 and 14 at Lambeau Field in Green Bay. Gain perspective on the markets, policies and innovations shaping dairy. Compare ideas with other farmers, bring your team into the conversation and return home better prepared to make strong decisions for your business. Register today for DairyStrong.org.

Compeer Financial is proud partner of Dairy Stream. Learn more about Dairy Stream sponsorship.

This podcast is produced by the Voice of Milk, a collaboration of individual dairy organizations working to improve the future of dairy farm families. Become a sponsor, share an idea or feedback by emailing podcast@dairyforward.com.

Learn more about BankFirst.

Real estate is a valuable asset — is your farm up-to-speed on real estate conveyances?

Dairy Stream host Joanna Guza and guest, Attorney Will McKinley, discuss the following topics:

• What is real estate
• What gets mistaken for real estate
• Different types of ownership
• Common legal and tax terms
• How land gets transferred
• Biggest challenges
• Adverse possession
• Emerging issues in real estate
• Succession planning
• Lease agreements
• Contracts
• Common contract challenges
• Advice

About the guest:

• Will McKinley is the President and CEO of Menn Law Firm, a full-service law firm headquartered in Appleton, Wisconsin, with one of the state's largest agribusiness legal practices. Will focuses primarily on helping farms and ag-related businesses with a wide range of legal issues, but in particular, Will enjoys working with farms on business succession planning.

This is sponsored by the Menn Law Firm.

Resources:

• Menn Law Firm Agribusiness resource
• Contact Will: William-Mckinley@mennlaw.com
• Common misconceptions about farm succession planning

Step away from the day-to-day and focus on what’s ahead at Dairy Strong, January 13 and 14 at Lambeau Field in Green Bay. Gain perspective on the markets, policies and innovations shaping dairy. Compare ideas with other farmers, bring your team into the conversation and return home better prepared to make strong decisions for your business. Register today for DairyStrong.org.

Compeer Financial is proud partner of Dairy Stream. Learn more about Dairy Stream sponsorship.

This podcast is produced by the Voice of Milk, a collaboration of individual dairy organizations working to improve the future of dairy farm families. Become a sponsor, share an idea or feedback by emailing podcast@dairyforward.com.