An interesting look at the challenge of succession facing farmers, the producers of food on which we all depend. Much has been written about the lack of desire for the next generation to take on the family farm but here are some pointers on engaging the generations and providing a starting point for the conversation to take place.
It all starts with an open and honest conversation too!
Today, more than 97% of U.S. farms remain family owned and operated. The prospect of stepping away from the family farm lifestyle can have profound consequences, especially for the men and women who take pride in growing the world’s food. Many farmers today are paying close attention to succession planning, the process of managing the transition of farm ownership and operation from one generation to the next.