FARM BUSINESS NEWS
Marcia Zarley Taylor DTN Executive Editor
Fri Mar 7, 2014 11:56 AM CST


Teach Kids Respect for Paper Wealth

Land appreciation and record profits from 2008-12 made many once cash-poor farm families feel like the billionaires next door. Anyone who lived through the farm credit crisis of the 1980s knows how fast that kind of paper wealth can vanish and the sacrifices farmers made to earn it back. The problem is, how do we teach responsibility and respect for this sudden wealth to next generation?

Joining me to discuss the issue is Lance Woodbury, DTN and The Progressive Farmer's family business columnist who is based in Garden City, Kan. Lance trained as ...

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