Succession Planning
Caleb Ragland is hopeful his boys will have the opportunity to be the 10th generation to carry on the family’s farming roots, but he’s concerned the fallout from trade disruptions, high input costs and low commodity prices could deliver a death blow to that dream.
Strong succession is driven by leaders who are willing to plan boldly, act decisively and invest in their next generation. Your family and your operation are counting on you.
Born and raised in Oklahoma, Brittany Hukill wasn’t planning to take over the family farm so soon. But that became her reality after losing her father when she was a teenager and then her grandpa when she was in college.
At the age of 18, Dalton Dilldine faced the circumstances of his father’s passing: he could continue the family’s farm, start his own entity or go to college. The type of guy who would choose “all of the above” to a multiple choice question, he did all three.
After a surprisingly smooth succession, fifth-generation Clearwater Farms is successfully building a new side business to increase profitability.
Among the secretary’s first public appearances since being confirmed last week, the fireside chat on Tuesday, Feb. 18, will cover key topics driving the future of agriculture.
Josh Payne was able to join his grandpa farming full time, but knew his sister might want to follow suit. He had two options: get big or get weird.
Until your needs for the next chapter of transition or retirement are put on paper, there is likely fear about the unknown. Thankfully, it’s easy to navigate with these steps.
With leadership roles on an international stage, Pam Johnson kept her roots close and brought back enriched experiences and new ideas to her Iowa farm.
There are challenges that come with the process, but also hidden opportunities that can help the rising generation build for the future.