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

As the Farm Bill moves forward in Washington, many will be watching what happens to crop insurance.  Andrew Bowman is a fifth generation farmer and ag risk advisor from Oneida, IL.  He wrote this Op Ed to the Peoria Journal Star.  He does a nice job of adding perspective to the debate.   Andrew Bowman editorial

Here's a discussion on commodities markets mixed in with what's happening politically.  Part One Interview       Part Two Interview

Spread trading happened in the corn markets today.  For the update on crop and livestock markets, listen to Water Street Solutions Senior Market Analyst Arlan Suderman with farm broadcaster John Jenkinson.  Arlan Friday May 17 2013 130pm report

Farming sure has changed.  It really echos the general economy, technology, attitudes.  And it's hard to participate in the upside if you stick with rigid ways based on the past.  The topic today is resilience, and Dean Heffta, Senior Director of Development for Water Street Solutions addresses that with Dewey Nelson from KRVN.   Building a Resilient Farm Strategy Heffta AUDIO

For the text of the interview, click here: Building a Resilient Farm Strategy

Water Street Solutions Senior Market Analyst Arlan Suderman visited with farm broadcaster Jeff Nalley from the Cromwell Ag Network.  Here's the discussion in two parts.  Part One     and Part Two

Planting plans could be changing based on the weather this spring.  Make sure to take crop insurance policies into account when making your decisions.  If you don't follow the rules, you could be making some costly mistakes, according to Deb Etheridge, Vice President of Insurance with Water Street Solutions.  She talks about this with Dewey Nelson from KRVN.  Crop Insurance Rules in a Wet Spring Etheridge AUDIO

For the text of the interview, click here: Crop Insurance and the Cold Wet Spring

Let's talk through the situation setting up for the week ahead.  We have farm broadcaster Jeff Nalley from the Cromwell Ag Radio Network and Water Street Solutions Senior Market Analyst Arlan Suderman   Audio Part One      Audio Part Two  

Sure, you can just fill out some online form and call it good for your business succession plan and legacy plan.  But that's probably not going to get you a great transition to the next farming generation.  Take a look at THIS SHORT VIDEO for more detail. 

Water Street Solutions has three legacy advisors who can work with you.