One of the challenges that farmers face is transitioning a farm or ranch to the next generation.
Ron Gibson, a sixth-generation dairy farmer from Utah, went through the farm succession process when he bought the farm from his parents. Gibson was partners with his brother for more than 20 years before he and his wife became the primary owners in 2018.
“I had a conversation with my dad and said I’m here, this is what I want to do, you know who I am, but I have to have a little bit of security,” he says. “My parents were very understanding of that and we put a plan into place to transition the farming assets to us.”
Ohio farmer Greg Corcoran returned to his family farm seven years ago and has since become a partner in the operation.
