Oct 31, 2014
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Lee Markert: A Young Farmers Perspective on Farm Succession Planning

Lee Markert: A Young Farmers Perspective on Farm Succession Planning

The best and the most valuable advice comes from people who have actually been in the situation that they’re giving advice about. So when a topic as touchy and as potentially difficult as succession comes up, you need that “first hand experience” type of advice. Lee Markert brought that advice to producers when he spoke at a panel discussion on the topic of farm succession at this year’s FarmTech conference. Lee farms near Vulcan, Alberta and runs Markert Seeds Ltd. with his parents. He is involved in the ongoing succession process in his family business and is having and has had those difficult discussions about transferring the business from one generation to the next.

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As Lee notes, a major part of the process is open and honest communication. Some of the topics are difficult and awkward, but knowing where each party is at can make the discussions a lot easier. I spoke to Lee about his experience with the succession process, the difficulties that can occur, as well as the value of working experience gathered away from the family farm.

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If you cannot see the embedded video below click here.

About Shaun Haney

Avatar of Shaun Haney
Shaun grew up on a family seed farm in Southern Alberta. Haney Farms produces, conditions and retails wheat, barley, canola and corn seed. Shaun Haney is the founder of RealAgriculture.com.

2 comments

  1. Where is the video?

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