West Virginia 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

CRP is a federally funded voluntary program that contracts with agricultural producers so that environmentally sensitive agricultural land is not farmed or ranched, but instead used for conservation benefits.

West virginia Farmland Prices Over the last 20 years, the price of farmland per acre in west virginia has risen by an average of 3.5% per year to $3,270 per acre as of 2019. This represents an increase of $1,570 per acre of farmland over this time period.

Crops & Livestock Hay, grown to feed the state's livestock, is the #1 crop, providing 2% of West Virginia's total agricultural receipts. Other major crops of West Virginia are apples, corn for grain, soybeans and tobacco. Peaches and wheat are also grown in the state.

If your farm is less than 5 acres in size, you must produce at least $500 in "documented" cash sales of agricultural products. If your farm is 5 acres or more, you must have at least $1,000 in sales, use, or consumption of agricultural products to qualify.

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.

West Virginia has always been primarily a livestock state. Land on steep slopes is best suited to producing pasture and hay. In the mid-1900s, the value of livestock, dairy, poultry, and crops each made up about one-fourth of total agricultural value.

West Virginia has a rich legacy of rural life and a great environment for small farms. For farmers and homesteaders looking for affordable options in the mid-Atlantic, especially those looking to focus on livestock, starting a homestead in West Virginia is a sensible option.

The state's 41,500 farms spread across 7.7 million acres and have an average farm size of 184 acres. Virginia farms grow and raise commodities including apples, turkeys, marine products, tobacco, peanuts and broilers. All of these place Virginia within the top 10 for production nationally.

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West Virginia Farm Package