Growing with growers since 1946
  • December 2012 Issue
  • Story by Geraldine Warner
  • Transition brings uncertainty

    Opening up the lines of communication is critical to the successful transition of the farm to the next generation.

    Kevin Moore Courtesy of University of Missouri, Columbia In a family farm business, there’s often the hope or expectation that the next generation will return to work on the farm. But young people who are thinking of returning to the family business today face greater uncertainties than at any time before, says Kevin Moore, agricultural economist at the University of Missouri, Columbia. Bringing in the new generation exposes the business to more financial risk and vulnerability because it’s often necessary to grow the business to generate income to support the extended family. Farmers are living longer, and the farm might […]

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