Bringing the next generation of farmers and ranchers into the family operation is exciting and creates opportunities for growth. But adding another family to the payroll may be a concern if the operation's finances haven't been fully evaluated. Keep Farmers Farming, the Farm and Ranch Transition and Estate Planning Branch of the South Dakota Ag Foundation can be a resource in helping producers run the numbers.
Read MoreWithout vision, we shall perish. That's the phrase from Proverbs 29:18 in the Bible. It refers to the need for a clear sense of direction and could be a motto for farm and ranch families transitioning to the next generation. The Keep Farmers Farming Program assists ag producers in finding their vision as a business and family shifting to the next stage, according to Legacy Consultant, Shannon Kubik.
Read MoreThe South Dakota Ag Foundation is now accepting applications for two grant programs designed to support youth-led community projects and agricultural education across the state: the Building Rural Communities Grant Program and the Ag Innovators Youth Education Grant Program.
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