“Help, my siblings want farmland!” is one of my most viewed blogs. Our current reality of higher interest rates and rising land values needs to be addressed early on in your transition conversations.

In this episode of the Progressive Dairy Podcast, host Jenn Coyne visits with Justin Malone of Minnesota. Malone is an organic dairy producer who helped spearhead the acquisition of Hastings Creamery as a way to create a market for organic dairy products while sustaining family businesses for future generations.

As national economic leaders approach their second year of battling inflation, it’s critical for ag business owners to know where the shelling is hitting hardest.

Dairy farmers are exposed to many forms of risk, from falling milk prices and rising feed prices to personal injury or the breakdown of a piece of farm equipment. Fortunately, there are many ways to mitigate these risks if managed properly.

Regardless of if the operation has adequate funds or not, you need to have a strong relationship with your lender. Successful farmers know that building a relationship with their lender is a wise business strategy.