For many of us it can be difficult to wrap our heads around succession planning. There are always so many things to do on a farm, so many things that require attention here and now, that something as distant and unimaginable is hard to comprehend. But succession isn’t something to sweep under the rug. […]
Author: AgriLegacy
When siblings inherit the family farm without an agreed-upon succession plan, it can be no surprise when conflict ensues. Perhaps one brother wants to keep operating the farm as mom and dad always did. Yet a sister has new management ideas for additional crops and product. Even worse, another sibling doesn’t want to own a […]
Farming is one of the most dangerous industries on the face of the planet. And so how to plan to prevent injuries, and understand their costs, must be part of any farm’s plans. According to research by S. G. Gerberich, R. W. Gibson, and L. R. French, Et al., the majority of injuries (40%) were […]
To Marry A Farmer
Marrying into a family of farmers can be just as rewarding as it is challenging. You’re not only marrying a farmer, but, you are also marrying the farm. Whether you are coming from the “big city” lifestyle or simple country life, living of a farm can be an entirely new world to someone who is […]
The farm can be a lonely place sometimes. A farmer might be milking alone for hours, twice a day. Communication isn’t even possible when operating loud machinery. A farm wife might have little kids running around her constantly, but no adult to talk to. Loneliness, lack of communication, and too few opportunities to reconnect with […]
It can be challenging for a farmer to come up with a proper progression plan that allows for smooth sailing going forward. There are a few key areas that need to be discussed before these plans can come to fruition, though. The following guide is here to help. Upfront Knowledge When it comes time to […]
A Note to the Stubborn Farmer
You grew up on the farm, learned to drive a tractor as soon as you could manage the clutch, and spent more hours talking to the animals than you have to your wife. That farm, with all its weeds, stones, and mud holes, is more precious to you than a work of priceless art. You […]
Plant a Seed of Hope on Your Farm
Bad times get us down. Whether the crops fare poorly, the cows don’t produce well, or the chickens get sick, you know the feelings of despair and hopelessness. You want to kick at the ground and raise a big cloud of disgust. These natural reactions to farm trials can be okay for a little while, […]
Planning: The Key to Farm Success
Whether you are an established farmer or just starting out, everyone will benefit from having a plan. While an established farm’s planning stage may seem frivolous, it allows for thoughtful decision-making at each stage. Is there a more efficient choice this year? Is there a greener option? What did I learn from last year? How […]
Your Farm Family Needs a Plan
Every farm family needs a plan. By creating a solid succession plan, the needs of the family and the intentions for the farms future are covered. Crafting a plan can ensure the financial stability and agricultural legacy of multiple generations. Without a plan misunderstandings and huge business losses are almost inevitable. Not only do tax […]