Planning for your farm's future
The average age of the American farmer is 57, while the average farmland owner is over 70. Due to our aging population of food producers, an estimated 70 percent of farmland will change ownership in the next 20 years. Because most families have no -- or inadequate -- estate or transition plans, farm families run the risk of losing much of their land and wealth.
With a growing number of young people interested in farming, careful farm transition planning will benefit incoming and outgoing farmers, as well as their legacy of care for the land and our food supply.
Sign up for the Farm Transitions Discussion Group - Click Here!
This email discussion group is for farmers and farmland owners working through the issues involved in transferring farmland and farm businesses to the next generation. This group is a project of Renewing the Countryside, with support from the Minnesota Institute for Sustainable Agriculture.
A guide to all things related to farmland transitions, co-written by Teresa Opheim, RTC Senior Fellow.
For a FREE copy, please inquire with Eli Goodwell - [email protected].