No. 1 Blog for Farm Families
by Andy "Caygeon" Junkin
It’s wonderful that so many farm kids are renewing their interest in agriculture. Yet, it’s creating many unanticipated problems and could create an exponential number of succession problems down the road.
If you are constantly bickering with family members to some extent, how can you have strong family support necessary for strong mental health?
I believe that every farm should have their business plan framed and hung above the toilet. Fifty years ago, farms didn’t need business plans. That is because the farm didn’t grow at that fast a rate and the biggest move you might have made in your lifetime is buying the farm next door.
About 12 years ago, a guy named Jack called me up and, although no one in his family knew it, he had terminal cancer. Succession planning had suddenly become a priority, and he didn’t know what to do. His youngest son, Ken, was 29 and had been working on the farm for eight years and […]