NEWS
Woodbury: Farm Family Business
Lance Woodbury DTN Farm Business Adviser
Wed Jul 25, 2012 04:41 PM CDT

Over the years I've witnessed a number of family business members work for a very low wage in anticipation of a financial or farmland windfall at some later point in their career. They are promised -- or they assume -- they will receive a greater-than-equal share of the farm or estate as compared to their off-farm siblings because they stayed on the farm. However, the windfall they often experience is one of resentment and frustration toward the parents, of conflict between siblings and sometimes the feeling of a wasted career.

In a number of cases, family members were never in ...

Quick View
  • Back to Beans Growers considering moving a field from continuous corn back into soybeans should pay special att...
  • The Attraction of Youth Combine genotyping with a yearling bull, or even a weanling, and you're less likely to make a poo...
  • Kubota Steps Up A new mid-range, high-horsepower M7 tractor moves this company into the row-crop arena.
  • SCO Sticker Shock Costs and potential disconnect with county yields make the Supplemental Coverage Option a hard se...
  • Clean Water Goes a Long Way Cleaning up 900 feet of a small creek in Kentucky brings rebirth to water once choked with sedime...
  • Clean Air Lawsuits Filed Several environmental and animal-welfare groups argue in two lawsuits that there is well-document...
  • Ag and Environment Outlook Agriculture continues to watch how the U.S. Environmental Protection Agency implements the propos...
  • Surgery on Plastics Dharma Kodali's goal is to insert soybean oil in the basic ingredient list for PVC plastics.
  • Ask the Vet How should I treat a cow with a swelling on her flank?
Related News Stories
Woodbury: Family Business Matters
US Gov Steps Into Port Labor Dispute
Woodbury: Family Business Matters
Farmworkers Back Obama Order
Vilsack: Exec Order Creates Stability
Immigration Order Shortfalls
Obama to Speak on Immigration
Push to Protect Immigrant Farm Workers