Event: FireInjury or losses to cattle: No animals died in the fireTotal property damage: $350,000Insured: YesTotal covered losses: Full coverage

The Diederichs brothers used to do their machinery repairs and maintenance in a 36-by-45-foot shop and stored equipment among three locations.

Two Iowa farm families kept their dairy farms in the family for multiple generations. At the PDPW Business Conference in Madison, Wisconsin, earlier this year, they shared what has worked well and not so well as the farm business was transitioned to them and now as they begin to pass their farms on to their children.