There are a lot of terms involved in the process of passing your farming business to the next generation.  Let's say you have a will that designates who will own the farm next.  Are you done?  Not if you want the next generation to continue to farm profitably.  This video contains more detail.

Commodity markets are lower today after reports that farmers planted last week at a record pace.  Darren Frye, President and CEO of Water Street Solutions says farmers need to use the tools available to manage risk, and that should include more than just crop insurance.  He talked about this with KRVN's Dewey Nelson.   Managing Risk This Growing Season Frye AUDIO

For the text of the interview, click here: Managing Price Risk This Growing Season

Has your farm grown in the past few years? Maybe you have some employees now - and sometimes it feels like you just don't know what they're thinking. Personality differences can throw a curveball at us when we're trying to get things done on the farm. A good starting point is to know the differences in how your employees think.

In his weekly Finance First post on FarmFutures.com, Darren Frye, President and CEO of Water Street Solutions, talks about how building a strong team of employees on your farm adds to the strength of your operation. Read it HERE.