NEWS
Woodbury: Farm Family Business
Lance Woodbury DTN Farm Business Adviser
Wed Dec 4, 2013 02:54 PM CST

In my last column, I wrote about the "soft issue" of communication: Family business members need to take time to discuss their goals, plans, values, expectations and the culture of the business. Because partners generally know each other well and have spent significant time together, they take agreement on such topics for granted. The result is often frustration and conflict as differences arise during harvest or at family gatherings, instead of emerging during a time of focused discussion and structured dialogue.

Another difficult soft issue in the family business is the return of family members to the enterprise. Bringing a ...

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
Ag Interest Rate Snapshot
Klinefelter: By the Numbers
Minding Ag's Business
Minding Ag's Business
Minding Ag's Business
Senior Partners - 3
Rates Too Low Too Long
Minding Ag's Business
Minding Ag's Business