FARM BUSINESS NEWS
Cold, Hard Facts
Mon Mar 17, 2014 04:39 PM CDT

As the 1970s rolled into the farm crisis of the 1980s, Larry Klumb enrolled in the then new economic management program by the South Dakota Center for Farm/Ranch Management at Mitchell Technical Institute (MTI). He credits the program with saving his family's operation. A generation later, along with his sons, Ben and Shannon, the Klumbs continue on with their business near Ethan, S.D.

"It's what saved us through the farm crisis," recalled Larry, whose wife, Patricia, also has helped keep the books through the decades. "My banker knew how important bookkeeping was, and ...

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