Top Producer
Transitions of any kind are hard — but farmland might be one of the toughest, says Steve Bohr of Farm Financial Strategies.
If the next generation isn’t coming back, it’s not the end. But it is time for a new plan.
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.
“We must ensure that we make a way for young and beginning farmers to fill our boots,” said Zippy Duvall, president of the American Farm Bureau Federation.
How do you know when it’s time to start transitioning your operation to the next generation? Rena Striegel, president of Transition Point Business Partners, says to aim for a decade.
What’s the long-term difference between starting a retirement plan at age 20 versus 40? Farm CPA Paul Neiffer crunches the numbers.
Doug Stark, retired CEO of Farm Credit Services of America, joins the Ag Inspo podcast to share what he believes the next generation of producers need for building their own operations.
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.
This is biggest investment ADM regional manager Travis Sayers has seen ADM make in St. Louis.
For over 50 years, the Navajo Nation has run the largest contiguous irrigated farmland in the U.S.