South Dakota Bolsters Its Agricultural Future with Keep Farmers Farming Initiative

SIOUX FALLS, S.D. — Governor Larry Rhoden has announced the allocation of a $200,000 grant from the Future Fund to the Keep Farmers Farming program. This visionary initiative is set to enhance estate and transition planning support for South Dakota’s agricultural producers. The program, which underscores the vital importance of passing down experience, work ethic, morals, and history along with tangible assets, is poised to secure the future of the state’s vibrant agriculture sector.

Larry Rhoden

Governor Rhoden stated, “Keep Farmers Farming is making sure that our kids and grandkids keep South Dakota agriculture strong for generations to come. It’s about transferring more than just assets – it’s about passing down experience, work ethic, morals, and history.” These words resonate deeply with the people of South Dakota, highlighting the community’s dedication to preserving and enhancing its agricultural heritage.

This initiative is part of the broader efforts by the Noem-Rhoden Administration, which earlier collaborated with the South Dakota Ag Foundation and First Dakota National Bank, resulting in the expansion of the Keep Farmers Farming program. The strategic partnerships have fueled growth in program participation, propelling the number of involved families from 54 to an impressive 125.

The South Dakota Ag Foundation, an independent nonprofit organization spearheaded by local agricultural leaders, plays a pivotal role in this initiative. The foundation previously received a one-year $200,000 grant from the Governor’s Office of Economic Development, which significantly aided program growth. The foundation’s core mission is to bolster agriculture for future generations, reflecting the enduring spirit of South Dakota’s farm and ranch communities.

South Dakota Ag Foundation

Kyle Holt, CEO of the South Dakota Ag Foundation, emphasized the significance of this initiative, stating, “The next 10 years will be critical as farms and ranches transition wealth, knowledge, and wisdom to the next generation of South Dakota producers.” This underscores the urgent need for programs like Keep Farmers Farming to ensure the successful transition of agricultural wealth and heritage to younger generations.

For more information on the South Dakota Ag Foundation and its initiatives, interested parties can visit their website at www.sdagfoundation.org.

Preserving South Dakota’s Agricultural Legacy

South Dakota’s agricultural sector is not just an economic cornerstone but a defining element of the state’s identity. The Keep Farmers Farming program encapsulates this importance, bringing to light the state’s commitment to fostering a sustainable agricultural future. By equipping producers with comprehensive estate and transition planning support, the program ensures that South Dakota’s rich agricultural history is preserved, while meeting the modern challenges of farming and ranching.

The program’s alignment with state and local priorities has been welcomed by stakeholders across the agricultural spectrum. It reflects a holistic approach to safeguarding the operational continuity and legacy of farms and ranches across South Dakota. This initiative is particularly pivotal for young farmers and producers poised to take over family operations. The combination of financial support and structured planning resources provides a robust framework for these transitions.

A Collaborative Effort

At the heart of the Keep Farmers Farming program is the strategic collaboration between various entities including the Noem-Rhoden Administration, the South Dakota Ag Foundation, and private sector partners such as First Dakota National Bank. These partnerships are vital components of success, enabling resource pooling, knowledge sharing, and broad-based support for program beneficiaries.

The program is a beacon of innovation and sustainability within the agricultural sector, providing a template for similar initiatives in other states. By fostering a community-oriented approach, it ensures that South Dakota remains at the forefront of agricultural excellence.

Through efforts like Keep Farmers Farming, South Dakota stands as a testament to the power of community-led initiatives aimed at preserving the agricultural way of life. As the state looks to the future, these programs will ensure the continuity of farms and ranches, preserving not only livelihoods but also a sincere cultural heritage.