\n
CAN WE TALK ABOUT THE ELEPHANT IN THE ROOM?<\/p>\n
And what might that be?<\/p>\n
Farm Transitions<\/h2>\n
Baby boomers own and still farm the majority of the farmland. It is estimated that 70% of farmland will change hands in the next 20 years.<\/p>\n
That\u2019s a lot of change.<\/p>\n
Who Takes Over the Farm?<\/h2>\n
The challenge agriculture faces is each farm is different. There is no cookie-cutter solution. Some farms have children following in the footsteps of their parents with plans to take over the farm. With proper planning, this would be a fairly easy and workable plan, but there is always change. The most well-laid-out plan can fall apart. And, then, what happens to the children who do not farm. There are options and that is where working with a good farm succession planner is needed.<\/p>\n
If there are no children interested in taking over the farm, the farm transition becomes more difficult. Who and how is it transitioned? A neighbor, a friend, a young farmer wanna-be?<\/p>\n
How Can a Young Person Start Farming?<\/h2>\n
The hardest question is how can a young person start farming? If one does not have close connections, It is nearly impossible due to the amount of dollars required. For many years, margins have been small. There are government programs available but they can only help so far. How many loans can a young farmer take out? Especially when interest rates are not low. And at the end of the day, what is left for profit? Is there enough to make the loan payments?<\/p>\n
Many young farmers I know have off-the-farm jobs. It\u2019s about the only way to get started. I remember when we were newly married. I worked off the farm for many years. My job provided us insurance. I paid for daycare, living expenses and put food on the table. Any farm profits went right back into the farming business. It\u2019s not that easy anymore because things cost so much more now.<\/p>\n
Moving Through Farm Transition<\/h2>\n
So how do older farmers move through the farm transition steps? One suggestion is to gradually move through the transition in multiple years. Find a good succession planner and make a game plan on how to move through the succession.<\/p>\n
Personally, I can\u2019t talk from experience as we know we need to do this but haven\u2019t started the journey. We try to talk about it, but then we get stuck. Probably like many other farmers.<\/p>\n
This is why the changing of the 70% of farmland over the next 20 years is a big deal.<\/p>\n
It\u2019s not going to be easy.<\/p>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"
CAN WE TALK ABOUT THE ELEPHANT IN THE ROOM? And what might that be? Farm Transitions Baby boomers own and still farm the majority of the farmland. It is estimated that 70% of farmland will change hands in the next 20 years. That\u2019s a lot of change. Who Takes Over the Farm? The challenge agriculture […]<\/p>\n","protected":false},"author":1,"featured_media":82564,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12026],"tags":[6021,3681,20183,10922,7054],"dealstore":[],"offerexpiration":[],"class_list":["post-82563","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-agriculture","tag-farm","tag-living","tag-minnesota","tag-planning","tag-transition"],"yoast_head":"\n
Farm Transition Planning - Minnesota Farm Living - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=82563\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Farm Transition Planning - Minnesota Farm Living - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"CAN WE TALK ABOUT THE ELEPHANT IN THE ROOM? And what might that be? Farm Transitions Baby boomers own and still farm the majority of the farmland. It is estimated that 70% of farmland will change hands in the next 20 years. That\u2019s a lot of change. Who Takes Over the Farm? The challenge agriculture […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fivemor.com\/?p=82563\" \/>\n<meta property=\"og:site_name\" content=\"Som2ny Network\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-11T20:00:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/02\/corn-plants.png\" \/>\n\t<meta property=\"og:image:width\" content=\"940\" \/>\n\t<meta property=\"og:image:height\" content=\"788\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/fivemor.com\/?p=82563#article\",\"isPartOf\":{\"@id\":\"https:\/\/fivemor.com\/?p=82563\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371\"},\"headline\":\"Farm Transition Planning – Minnesota Farm Living\",\"datePublished\":\"2025-02-11T20:00:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/fivemor.com\/?p=82563\"},\"wordCount\":442,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/fivemor.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/fivemor.com\/?p=82563#primaryimage\"},\"thumbnailUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/02\/corn-plants.png\",\"keywords\":[\"Farm\",\"Living\",\"Minnesota\",\"Planning\",\"Transition\"],\"articleSection\":[\"Agriculture\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/fivemor.com\/?p=82563#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fivemor.com\/?p=82563\",\"url\":\"https:\/\/fivemor.com\/?p=82563\",\"name\":\"Farm Transition Planning - Minnesota Farm Living - Som2ny Network\",\"isPartOf\":{\"@id\":\"https:\/\/fivemor.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/fivemor.com\/?p=82563#primaryimage\"},\"image\":{\"@id\":\"https:\/\/fivemor.com\/?p=82563#primaryimage\"},\"thumbnailUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/02\/corn-plants.png\",\"datePublished\":\"2025-02-11T20:00:01+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/fivemor.com\/?p=82563#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/fivemor.com\/?p=82563\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fivemor.com\/?p=82563#primaryimage\",\"url\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/02\/corn-plants.png\",\"contentUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/02\/corn-plants.png\",\"width\":940,\"height\":788},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/fivemor.com\/?p=82563#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/fivemor.com\/?bp_activities=1\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Farm Transition Planning – Minnesota Farm Living\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/fivemor.com\/#website\",\"url\":\"https:\/\/fivemor.com\/\",\"name\":\"Som2ny Network\",\"description\":\"Daily Deals\",\"publisher\":{\"@id\":\"https:\/\/fivemor.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/fivemor.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/fivemor.com\/#organization\",\"name\":\"Som2ny Network\",\"url\":\"https:\/\/fivemor.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png\",\"contentUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png\",\"width\":300,\"height\":86,\"caption\":\"Som2ny Network\"},\"image\":{\"@id\":\"https:\/\/fivemor.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png\",\"caption\":\"admin\"},\"sameAs\":[\"https:\/\/fivemor.com\"],\"url\":\"https:\/\/fivemor.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Farm Transition Planning - Minnesota Farm Living - Som2ny Network","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/fivemor.com\/?p=82563","og_locale":"en_US","og_type":"article","og_title":"Farm Transition Planning - Minnesota Farm Living - Som2ny Network","og_description":"CAN WE TALK ABOUT THE ELEPHANT IN THE ROOM? And what might that be? Farm Transitions Baby boomers own and still farm the majority of the farmland. It is estimated that 70% of farmland will change hands in the next 20 years. That\u2019s a lot of change. Who Takes Over the Farm? The challenge agriculture […]","og_url":"https:\/\/fivemor.com\/?p=82563","og_site_name":"Som2ny Network","article_published_time":"2025-02-11T20:00:01+00:00","og_image":[{"width":940,"height":788,"url":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/02\/corn-plants.png","type":"image\/png"}],"author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/fivemor.com\/?p=82563#article","isPartOf":{"@id":"https:\/\/fivemor.com\/?p=82563"},"author":{"name":"admin","@id":"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371"},"headline":"Farm Transition Planning – Minnesota Farm Living","datePublished":"2025-02-11T20:00:01+00:00","mainEntityOfPage":{"@id":"https:\/\/fivemor.com\/?p=82563"},"wordCount":442,"commentCount":0,"publisher":{"@id":"https:\/\/fivemor.com\/#organization"},"image":{"@id":"https:\/\/fivemor.com\/?p=82563#primaryimage"},"thumbnailUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/02\/corn-plants.png","keywords":["Farm","Living","Minnesota","Planning","Transition"],"articleSection":["Agriculture"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/fivemor.com\/?p=82563#respond"]}]},{"@type":"WebPage","@id":"https:\/\/fivemor.com\/?p=82563","url":"https:\/\/fivemor.com\/?p=82563","name":"Farm Transition Planning - Minnesota Farm Living - Som2ny Network","isPartOf":{"@id":"https:\/\/fivemor.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/fivemor.com\/?p=82563#primaryimage"},"image":{"@id":"https:\/\/fivemor.com\/?p=82563#primaryimage"},"thumbnailUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/02\/corn-plants.png","datePublished":"2025-02-11T20:00:01+00:00","breadcrumb":{"@id":"https:\/\/fivemor.com\/?p=82563#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/fivemor.com\/?p=82563"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fivemor.com\/?p=82563#primaryimage","url":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/02\/corn-plants.png","contentUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/02\/corn-plants.png","width":940,"height":788},{"@type":"BreadcrumbList","@id":"https:\/\/fivemor.com\/?p=82563#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/fivemor.com\/?bp_activities=1"},{"@type":"ListItem","position":2,"name":"Farm Transition Planning – Minnesota Farm Living"}]},{"@type":"WebSite","@id":"https:\/\/fivemor.com\/#website","url":"https:\/\/fivemor.com\/","name":"Som2ny Network","description":"Daily Deals","publisher":{"@id":"https:\/\/fivemor.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/fivemor.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/fivemor.com\/#organization","name":"Som2ny Network","url":"https:\/\/fivemor.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fivemor.com\/#\/schema\/logo\/image\/","url":"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png","contentUrl":"https:\/\/fivemor.com\/wp-content\/uploads\/2026\/07\/4a0953c4-logo-300x86-1.png","width":300,"height":86,"caption":"Som2ny Network"},"image":{"@id":"https:\/\/fivemor.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fivemor.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/729ae85bf62b9917e93538db2f2688ca?s=96&r=g&default=https%3A%2F%2Ffivemor.com%2Fwp-content%2Fplugins%2Fbuddypress-first-letter-avatar%2Fimages%2Fdefault%2F96%2Flatin_a.png","caption":"admin"},"sameAs":["https:\/\/fivemor.com"],"url":"https:\/\/fivemor.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/posts\/82563","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=82563"}],"version-history":[{"count":0,"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/posts\/82563\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=\/wp\/v2\/media\/82564"}],"wp:attachment":[{"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=82563"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=82563"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=82563"},{"taxonomy":"dealstore","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fdealstore&post=82563"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/fivemor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fofferexpiration&post=82563"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}