Posts

Showing posts from January, 2023

Young and Entry-Level Farmers Would Benefit From Less Farm Retirement Auctions

Image
               I have read farm magazines for the vast majority of my life and still do.   Although I do most reading via the internet, there’s something about reading a printed farm magazine that I just can’t get out of my system.   Prior to the last five years or so, I don’t recall seeing a lot of “farm retirement” auction advertisements.   Sure, they were there, but they seem to have picked up during the last downturn in the farm economy.    I figured it was a lot of farmers who did not care to weather another economic downturn.   Seeing that we’ve now had 2-3 years of better years, and the retirement auctions have not subsided, perhaps even increased, I’m not so sure my thinking was correct.   Actually, using the word “retirement” and “farmer” in the same sentence was rare in years past.               What I have noticed is the difference between clients that were raised through the depression versus baby boomers.   Earlier in my career, when I had more farm clients that had li