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Leave a Legacy

RSS By: Kevin Spafford, Legacy Project

Kevin Spafford is Farm Journal’s succession planning expert for the Farm Journal Legacy Project.  He hosts the nationally-televised ‘Leave a Legacy’ TV, facilitates an ongoing series of workshops for farm families across the U.S., and is the author of Legacy by Design: Succession Planning for Agribusiness Owners.

Connecting to Solutions

Feb 09, 2011

iStock Cool Sky   compressedFrom Legacy Moment eNewsletter (02/04/2011)
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“Mass exit of farmers from agriculture in the near future and the likelihood of finding younger farmers to replace them” is a huge concern on our farms, in our communities, across this country and around the world. Though it sounds like the title of a bad movie, the USDA is sounding the warning; succession is a big challenge, and inaction is inexcusable.
The watershed issue in agriculture is a great wave of generational transitions caused by an aging demographic. Consider that “about 28 percent of farm operators are at least 65 years old. In contrast, only 8 percent of self-employed workers in non-agricultural industries are that old.” So says the USDA in “Structure and Finances of U.S. Farms, Family Farm Report,” 2010 Edition.
Farm Journal Media and Pioneer Hi-Bred are using their muscle to bring you solutions. The Legacy Project offers a direct connection to solutions for farm families. But we can’t do it alone. We need you; one farm at a time, we can make a difference and save our family farms.
News & Resources for You:
Have you spelled out the criteria for hiring family members? Download Establishing a Family Employment Policy.
Register for Legacy Project Workshops– in Iowa, Nebraska, Wisconsin, Minnesota, and South Dakota.
Help us help you… please have someone from each generation of your family take a few moments to participate in the Legacy Project Survey

 

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