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 ...

Quick View
  • The New Dicamba At an event exhibiting the company's soon-to-arrive Dicamba-tolerant soybean trait, Monsanto repr...
  • Rates Too Low Too Long Discounted interest rates have led to unintended consequences in land values, a shortage of funds...
  • Center Pivots Take a Beating Severe storms in mid-June have damaged hundreds of center pivot irrigation systems in Nebraska al...
  • "Easy Money Times Over" Feeding the world population won't be as hard as expected over the next decade some experts forec...
  • A Hunger for High-Tech The Gruhlkey brothers of Wildorado, Texas, are using technology and thoughtful cropping choices t...
  • Clearing the Air EPA Administrator Gina McCarthy told a group of agribusiness representatives that her agency want...
  • No More Outlaw Vets Veterinarians can start breathing a little easier now when they go to work, without the fear that...
  • Ask the Vet My vet diagnosed anaplaz and I've never heard of that.
Related News Stories
Rates Too Low Too Long
Ag Interest Rate Snapshot
Senior Partners - 3
CME to Review Livestock Trading Hours