Many farming operations are poised to change hands in the coming decades. Farm succession planners say it is beneficial for farm families to have conversations now.
In rolling cattle pastures in Missouri, in fertile cornfields in Iowa and Illinois, on old homestead farms in Nebraska and Kansas, the Baby Boomer generation remains a major force in American agriculture. This generation — defined as people born between 1946 and 1964 — still farms and owns much of the farmland, or it might be owned by people from the previous generation.
Many farming operations are poised to change hands in the coming decades. Farm succession planners say it is beneficial for farm families to have conversations now.