Exploring the Business of Agriculture

About the Program

Washburn University School of Law, Kansas Farm Bureau, and Kansas State University present a symposium that examines the intersection between the business and economics of agriculture and the legal environment in which they operate. The legal environment is composed of the body of law impacting agriculture, the applicable tax systems, and government programs unique to agriculture. Law and regulation impacting the agricultural businesses of farming and ranching are the focus of this symposium.

The Kansas CLE Commission approved this program for 8 hours of credit (no ethics hours are being offered).

The symposium is begin held at Kansas Farm Bureau, 2627 KFB Plaza, Manhattan, Kansas ( map ).

Registration fee for attendees seeking CLE credit is $250.

Download all handouts for this program (22.5 MB PDF)

Download all PowerPoints for this program (5.3 MB PDF)


Symposium Schedule

7:40 a.m. – Registration

8:00 a.m. – Introductions & Welcome

  • Roger McEowen, Kansas Farm Bureau Professor of Agricultural Law and Taxation, Washburn University School of Law; Tax Director, Midwest Region, Agribusiness and Cooperatives, CliftonLarsonAllen, LLP, West Des Moines, Iowa
  • Allen Featherstone, Department Head, Agricultural Economics, Professor, Director of Master in Agribusiness Program, Kansas State University
  • Terry Holdren, CEO and General Counsel, Kansas Farm Bureau

8:15 a.m. – The Farm Financial SituationDownload Session Handout (3.5 MB PDF)

  • Allen M. Featherstone, Department Head, Agricultural Economics, Professor, Director of Master in Agribusiness Program, Kansas State University
The current financial situation in Kansas production agriculture.

9:15 a.m. – The Role of Contracts in the Business of AgricultureDownload Session Handout (160 KB PDF)

  • David E. Pierce, Norman R. Pozez Chair in Business and Transactional Law, Professor of Law and Director of the Oil and Gas Law Center, Washburn University School of Law
This session focuses on the importance of contracts in the farming operation.

9:45 a.m. – Break

10:00 a.m. – Economics, Law, Tax, and GovernmentDownload Session Handout (1.4 MB PDF)

  • Ryan Flickner, Senior Director, Public Policy, Kansas Farm Bureau
This session focuses on environmental laws implicated by the farming operation.

10:30 a.m. – Tax Considerations: Selected Current Tax Topics of Importance to Agricultural OperationsDownload Session Handout (632 KB PDF)

  • Roger A. McEowen, Kansas Farm Bureau Professor of Agricultural Law and Taxation, Washburn University School of Law; Tax Director, Midwest Region, Agribusiness and Cooperatives, CliftonLarsonAllen, LLP, West Des Moines, Iowa
This session focuses on selected tax topics uniquely applicable to farming and ranching operations.

11:00 a.m. – Practical Entity PlanningDownload Session Handout (3.0 MB PDF)

  • Paul Neiffer, CPA, Principal, AgriBusiness Group, CliftonLarsonAllen LLP
This session focuses on practical entity planning applicable to farming and ranching operations. It will cover liability protection; income and payroll tax savings ideas; and FSA planning.

11:30 a.m. – An Introduction to Kansas Water LawDownload Session Handout (249 KB PDF)

  • Burke W. Griggs, Visiting Associate Professor of Law, Washburn University School of Law; Fellow, Woods Institute for the Environment, Stanford University
This session focuses on the basics of Kansas water law.

12:00-1:00 p.m. – Lunch (provided)

  • Recognition of Technical Support for WALTR
  • Speaker: The Honorable Sam Brownback, Governor of Kansas

1:00 p.m. – Common Tax Problems Faced by Farmers and Ranchers in Difficult Financial TimesDownload Session Handout (7.3 MB PDF)

  • Joseph A. Peiffer, Esq., Peiffer Law Office, P.C.
This session focuses on the available bankruptcy options for a farmer/rancher, compares the qualifications for Chapter 11 and Chapter 12 bankruptcy, and the special tax relief available to a “family farmer” in Chapter 12. Strategies to liquidate to utilize the Chapter 12 provisions and the needed cooperation between farmers and creditors will also be addressed.

1:30 p.m. – State Government Programs Supporting Farming and RanchingDownload Session Handout (5.9 MB PDF)

  • Jackie McClaskey, Secretary, Kansas Department of Agriculture

2:00 p.m. – Pending Federal Tax Code Changes Impacting Farming and RanchingDownload Session Handout (151 KB PDF)

  • Patricia A. Wolff, Senior Director Congressional Relations, American Farm Bureau Federation

2:30 p.m. – Break

2:45 p.m. – Farmer and Lender Panel Discussion

Moderators:

  • Eric Atkinson, Radio Specialist and Agriculture Director, K-State Radio Network
  • Lon Frahm, CEO, Frahm Farmland, Inc., Colby, Kansas
  • Bill Davis, Senior Vice President - Chief Credit Officer, Farm Credit Services of America, Omaha, Nebraska

3:35 p.m. – Speaker Panel Discussion

  • Moderator: Eric Atkinson
An open forum discussion with all of the day’s speakers

4:45 p.m. – Adjourn


Download all handouts for this program (22.5 MB PDF)

Download all PowerPoints for this program (5.3 MB PDF)

Handouts and PowerPoints

Download all handouts for this program (22.5 MB PDF)

See symposium schedule to download individual session handouts only.

Download all PowerPoints for this program (5.3 MB PDF)

Date

Tuesday, September 20, 2016

Location

Kansas Farm Bureau
2627 KFB Plaza
Manhattan, Kansas
( map )

CLE Credit

Accredited by the Kansas Continuing Legal Education Commission for 8.0 CLE hours (no ethics hours are available as part of this program).