FAQs Farm Management Company | Choosing a Farm Manager

Farmers National Company

Farmers National Company

Frequently Asked Questions

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The following are answers to the most frequently asked questions about the farm management services offered by Farmers National Company:

�		How long have you been in the farm management business?

�		Do you specialize in agricultural services?

�		Who owns Farmers National Company?

�		How many farms do you manage?

�		How many clients use your farm management services?

�		Where do your clients reside?

�		Who are your clients?

�		How many people are in your organization?

�		Do you have a farm manager near my farm?

�		What are the qualifications of your farm managers?

�		Since I enjoy the management of my farm, why should I hire you?

�		How is my money handled?

�		Do I control expenditures?

�		Do you pay all bills?

�		How often do you visit my farm?

�		How often do I receive a written report?

�		Do operators resent your management?

�		Will you work with my current farm operator?

�		If I want to sell my farm, can you help?

�		Is your fee a deductible item for income tax purposes?

�		Does your fee cover everything or are there extra charges?

�		What should I look for when selecting a professional farm manager?

�		Do I have to sign a long-term contract with FNC?

�		How long have you been in the farm management business? Since 1929 [Top of page]

�		Do you specialize in agricultural services? Yes. [Top of page]

�		Who owns Farmers National Company? Farmers National Company is employee owned with headquarters in Omaha, Nebraska, and offices in 24 states. [Top of page]

�		How many farms do you manage? Over 4,850, comprising over 2.1 million acres of ground valued at well over $8 billion. [Top of page]

�		How many clients use your farm management services? Over 6,500. More than 1,600 clients have been with Farmers National Company for 25 years or longer. Over 200 clients have had their farms managed by Farmers National Company for over 50 years continuously - all on one-year contracts. [Top of page]

�		Where do your clients reside? In almost every state and several foreign counties, many within a few miles of their farms. [Top of page]

�		Who are your clients? Professional men and women, teachers, ministers, service men and women, widows, trust companies, banks, foundations, companies, retired farmers, and many others. [Top of page]

�		How many people are in your organization? FNC has over 265 employee owners. [Top of page]

�		Do you have a farm manager near my farm? Yes, we have over 100 field offices strategically placed. [Top of page]

�		What are the qualifications of your farm managers? Our managers must have been raised on a farm, have a bachelor's degree in agriculture or related fields, with practical agricultural experience. Followed by special intensive training by Farmers National Company. We encourage our farm managers to become accredited through the American Society of Farm Managers and Rural Appraisers (ASFMRA). Currently we have over 75 Accredited Farm Managers (AFM) on Staff. [Top of page]

�		Since I enjoy the management of my farm, why should I hire you? Many of our landowners experience an even greater satisfaction from their farm when they work with us. Our management style will allow you to become even more acquainted with your farm, and you can be as involved as you like. [Top of page]

�		How is my money handled? Your money is deposited to a trust account and is not co-mingled with Farmers National Company corporate funds. [Top of page]

�		Do I control expenditures? Yes. We ask for limited authority to pay day-to-day operating bills. You must authorize any expenditure in excess of that amount. You are provided full budgets and anticipated expenses in advance. [Top of page]

�		Do you pay all bills? Yes, after they are checked for accuracy by the farm manager and audited by our accounting department. [Top of page]

�		How often do you visit my farm? As often as necessary to assure maximum management results. (Visitation schedules vary depending on the crops grown, with our most frequent visitation schedule every five weeks during the growing season.) [Top of page]

�		How often do I receive a written report? After each regular visit by the farm manager as well as special supplemental reports and correspondence as needed. [Top of page]

�		Do operators resent your management? Good operators like it and appreciate our help in making money for them and our clients. Often our clients have a friendship with their operator, and farm management allows them to maintain their friendship while still having a business relationship on the farm. [Top of page]

�		Will you work with my current farm operator? Yes, if you have a good farm operator, we can maintain the relationship. If you need a new operator, we can locate one for you. [Top of page]

�		If I want to sell my farm, can you help? Yes, all of our managers are licensed real estate agents and sell farms in addition to their management duties. FNC also has many sales associates that specialize in farm sales. [Top of page]

�		Is your fee a deductible item for income tax purposes? Yes. [Top of page]

�		Does your fee cover everything or are there extra charges? Yes, our full management fee covers everything except any remote rental litigation. [Top of page]

�		What should I look for when selecting a professional farm manager? Look for the following when choosing a manager or company to manage your farm: Financial responsibility Proven integrity Years of successful experience in farm management Accredited Farm Managers* (AFM), or those working toward their accreditation An organization that can guarantee continuity of management performance One that is interested in your land and in your welfare [Top of page]

�		Do I have to sign a long-term contract with FNC? No, all of our contracts are one year in length. We are proud of the fact that we have over 1,600 25-year clients, and over 200 50-year clients, all on one-year contracts. We have to prove our value to our clients each and every year! [Top of page]

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