Monday, October 15, 2012

Keeping Farm in Family requires strategy- USA Today

This is a great article that underscores the incontrovertible link between beginning farmers and succession. Here are a couple of facts I lifted from the article:

According to the Department of Agriculture, family farms account for about 98% of all farms in the USA and for 85% of the nation's total agricultural output. About 70% of the nation's farmland will change hands in the next two decades, and recent surveys show that about 89% of farmers don't have a farm-transfer plan, according to the USDA.

Read the entire article at:  http://www.usatoday.com/money/smallbusiness/story/2012-06-28/keeping-farms-in-the-family/56117782/1