Succession Strategies - 1
In the first of a new series concentrating on the complex issue of transitioning your farm business to the younger generation, DTN/Progressive Farmer looks at what to think about as you identify your successor for the farm.
Elizabeth Williams
DTN Special Correspondent
Elizabeth Williams lives in Indianola, Iowa, and has covered farm management, tax, land values, federal farm programs, conservation and ag marketing issues for over 25 years.
Before coming to DTN, she worked as a writer and editor for Top Producer, Professional Farmers of America and Farm Journal.
Elizabeth grew up on a farm where her family raised seed corn, soybeans and fed cattle. Her grandfather founded a seed corn company in South Dakota. Her family still owns and operates Curry Seed Company. Her non-journalistic work experience ranges from spending nine summers detasseling corn to spending a year in China teaching English at an agricultural university.
Before coming to DTN, she worked as a writer and editor for Top Producer, Professional Farmers of America and Farm Journal.
Elizabeth grew up on a farm where her family raised seed corn, soybeans and fed cattle. Her grandfather founded a seed corn company in South Dakota. Her family still owns and operates Curry Seed Company. Her non-journalistic work experience ranges from spending nine summers detasseling corn to spending a year in China teaching English at an agricultural university.
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Land Values Notch Records
Fueled by sky-rocketing commodity prices, relatively low interest rates and increasing inflation fears, farmland that produces corn, soybeans and wheat have set public auctions on fire.