Louisiana Farm Package

Category:
State:
Multi-State
Control #:
US-P097-PKG
Format:
Word; 
Rich Text
Instant download

Description

This package is designed to assist a farm owner in operating a farm, in matters such as employment, financial, and leasing transactions. The forms included are essential tools for promoting the farm's operation in a legally protected manner. Purchase this package and save 50% over purchasing the forms separately!



The following forms are included in this package:



Agreement to Manage Farm - This form is an agreement to manage a farm. The manager represents and acknowledges that he is an independent contractor. All persons engaged by manager to perform work pursuant to this agreement will either be independent contractors or employees of manager. This agreement is not one of agency by manager for owner, but one with manager engaged independently in the business of managing properties as an independent contractor.


Farm Hand Services Contract - This is an agreement between a farmer or employer and a farm hand whereby the employer hires the farm hand as an independent contractor to perform various farm related duties as agreed upon in the contract.


Farmer's Tax Guide - This is a free bonus publication providing detailed tax information related to farm operations.


Security Agreement with Farm Products as Collateral - In a security agreement, the debtor grants a "security interest" in the personal property in order to secure payment of the loan. Granting a security interest in personal property is the same thing as granting a lien in personal property. This form is a sample of a security agreement in farm products that may be referred to when preparing such a form for your particular state.


Farm Lease - This form is a lease agreement for farm land. The lessor will pay all ad valorem taxes assessed against the leased property. The lessee shall pay all taxes assessed against all personal property located on the premises and will also pay all privilege, excise and other taxes duly assessed. The lessee will pay the taxes when due so as to prevent the assessment of any late fees or penalties.


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FAQ

Only a small fraction of residents earn their living on farms, and most of the production comes from relatively few large farms in the alluvial plains of the Mississippi River. Cotton, sugarcane, rice, soybeans, corn (maize) and feed grains, and sweet potatoes are the main agricultural crops produced in the state.

Summary of Louisiana's Top 6 Most Valuable Crops RankCropValue (2022)1Sugarcane$928,118,000 (Estimated)2Soybeans$773,432,0003Corn$491,768,0004Rice$472,798,0002 more rows ?

Cotton, sugarcane, rice, soybeans, corn (maize) and feed grains, and sweet potatoes are the main agricultural crops produced in the state. Poultry and eggs, beef cattle, and dairy products are also important.

The most valuable crop is soybeans, followed by cotton and sugarcane. Louisiana is among the top ten states in production of sugar cane, sweet potatoes, rice, cotton, and pecans.

Agriculture is one of Louisiana's most important industries, ranking in the top three along with petrochemical industry and tourism.

The most valuable crop is soybeans, followed by cotton and sugarcane. Louisiana is among the top ten states in production of sugar cane, sweet potatoes, rice, cotton, and pecans. As for ?specialty? commodities, the state ranks number one in the nation for production of crawfish, shrimp, alligators, and oysters.

Conclusion. The top best states to start a farm or ranch in the US are Montana, Kansas, North Dakota, Texas, Oklahoma, South Dakota, Iowa, Kentucky, Colorado and Wyoming.

Texas had the most farms in the United States in 2021 followed by Missouri and Iowa. Texas accounted for roughly 12% of the farms in the United States in 2021. Thirty nine (39) states had 12,000 or more farms in 2021.

With its year around growing season, Louisiana is the perfect place for farms.

Complete Form R-1085, Application for Certification as a Commercial Farmer, for new applicants or Form R-80002, Renewal of Commercial Farmer Certification, for renewing applicants. The forms can be found on our website at revenue.louisiana.gov/Forms/ForBusinesses.

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Louisiana Farm Package