On The Cover:
Planning for the future
Understanding what’s involved in having a solid succession plan can help ensure your farm’s long-term success.
Milk Producer taps into leading experts to share their insights on the strategies farm families need to consider as they plan for their farm's future and how best to transition the operation to the next generation.
More from this issue
How can generations bridge the gap to prepare for transition?
Silence can put a family farm in jeopardy.
It must be disconcerting to be in your seventies or eighties and not have a farm succession plan in place. However, conversations and family meetings will help you realize the best path forward, particularly with the rising generation.
What makes a successful farm succession plan?
Never underestimate the power of a succession plan. That’s the advice Maggie Van Camp offers to every Canadian farmer, no matter what stage of their farming career or how old they are.
Funding equalization
Figuring out how best to equalize your non-farming children without jeopardizing the farm business or causing conflict in the family
Crunching the Numbers
Like it or not, financial planning is an essential part of farm succession. Why? Because the exiting generation needs money to retire, and the incoming generation needs to be financially set up for success.
Five questions to assess the financial health of your farm
Evaluate your financial stability, employee satisfaction, innovative practices and more
How Belmoral Farms Improved Animal Care
Mitch Kieffer is the owner and operator of Belmoral Farms in Teeswater, Ont. At the time of his two animal care assessments, the 80 milking cows were housed in a tiestall barn, but have since moved to a new sand bedded freestall with two robots. Mitch shared his experience making animal care improvements in the tiestall facility.
Bedding, the simple solution
Learn how to get the most bang out of your bedding buck
