May/June 2024 - 31

Unprepared heirs
A succession plan should establish clear expectations
for the next generation; identify educational requirements
to join the operation, ongoing professional development,
and required membership in regional or national
farming associations. All family members should clearly
understand that advancing in your operation requires
work and achieving objective benchmarks.
Failure of mission or vision
While you might think the children who grew up on the
farm (and the spouses they married!) would all share
a common vision. That's not always the case! When
important questions come up - buying or selling acreage,
adding irrigation, adding a new crop, maybe even dabbling
in solar - what is the agreed upon decision making
process? Having a mission and vision statement in place
helps immensely when the inevitable conflicts surface.
It is much easier to develop that mission and vision
statement when your family members are objective,
rather than trying to build consensus when emotions
and tempers are running high. When faced with conflict
and big decisions, does every family member get a
vote? Do designated family members make those big
decisions? Or should a CEO who is not a family member
make the tough calls?
Putting a well-thought-out plan in place when times
are good, can save the operation - and the family
relationships - in challenging times.
Our fourth article in this series will identify proven
" best practices " you can employ in your operation.
Disclaimer: Jeffrey S. DeWald is a Registered
Representative of Lincoln Financial Advisors Corp.
Securities offered through Lincoln Financial Advisors
Corp. a broker/dealer. Investment Advisory Services
offered through Sagemark Consulting, a division
of Lincoln Financial Advisors Corp., a registered
investment advisor. Insurance offered through Lincoln
affiliates and other fine companies. Agribusiness
Succession Advisors LLC is not an affiliate of Lincoln
Financial Advisors Corp. CRN-5846746-073123
Jeffrey S. DeWald CLU, ChFC, CBEC is a founder
and managing member of Agribusiness Succession
Advisors, LLC. DeWald can be reached by email at
Jeff.DeWald@lfg.com. For more information, visit
agsuccession.com.
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8 Ashfi eld Road / Route 116
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VEGETABLEGROWERSNEWS.COM | 31

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May/June 2024

Table of Contents for the Digital Edition of May/June 2024

Editor's Letter
On-farm AI
Advancing research in biocontrols
To price or not to price
2024 Farm Market report
Salinas Valley tech
Fresh Views
Organic Grower
Business
Farm Market & Agriculture
Classifieds
Advertiser Index
May/June 2024 - 1
May/June 2024 - 2
May/June 2024 - 3
May/June 2024 - Editor's Letter
May/June 2024 - 5
May/June 2024 - On-farm AI
May/June 2024 - 7
May/June 2024 - 8
May/June 2024 - 9
May/June 2024 - Advancing research in biocontrols
May/June 2024 - 11
May/June 2024 - To price or not to price
May/June 2024 - 13
May/June 2024 - 14
May/June 2024 - 15
May/June 2024 - 2024 Farm Market report
May/June 2024 - 17
May/June 2024 - Salinas Valley tech
May/June 2024 - 19
May/June 2024 - 20
May/June 2024 - 21
May/June 2024 - Fresh Views
May/June 2024 - 23
May/June 2024 - 24
May/June 2024 - Organic Grower
May/June 2024 - 26
May/June 2024 - 27
May/June 2024 - 28
May/June 2024 - 29
May/June 2024 - Business
May/June 2024 - 31
May/June 2024 - Farm Market & Agriculture
May/June 2024 - 33
May/June 2024 - Classifieds
May/June 2024 - Advertiser Index
May/June 2024 - 36
https://www.nxtbook.com/greatamericanmediaservices/VGN/september-october-2024
https://www.nxtbook.com/greatamericanmediaservices/VGN/july-august-2024
https://www.nxtbook.com/greatamericanmediaservices/VGN/may-june-2024
https://www.nxtbook.com/greatamericanmediaservices/VGN/april-2024
https://www.nxtbook.com/greatamericanmediaservices/VGN/march-2024
https://www.nxtbook.com/greatamericanmediaservices/VGN/february-2024
https://www.nxtbook.com/greatamericanmediaservices/VGN/vgn-digital-seed-guide-2024
https://www.nxtbook.com/greatamericanmediaservices/VGN/january-2024
https://www.nxtbook.com/greatamericanmediaservices/VGN/buyers-guide-2024
https://www.nxtbook.com/greatamericanmediaservices/VGN/december-2023
https://www.nxtbook.com/greatamericanmediaservices/VGN/november-2023
https://www.nxtbook.com/greatamericanmediaservices/VGN/september-october-2023
https://www.nxtbook.com/greatamericanmediaservices/VGN/july-august
https://www.nxtbook.com/greatamericanmediaservices/VGN/may-june-2023
https://www.nxtbook.com/greatamericanmediaservices/VGN/april-2023
https://www.nxtbook.com/greatamericanmediaservices/VGN/march-2023
https://www.nxtbook.com/greatamericanmediaservices/VGN/vgn-digital-seed-guide-2023
https://www.nxtbook.com/greatamericanmediaservices/VGN/february-2023
https://www.nxtbook.com/greatamericanmediaservices/VGN/january-2023
https://www.nxtbook.com/greatamericanmediaservices/VGN/december-2022
https://www.nxtbook.com/greatamericanmediaservices/VGN/buyers-guide-2023
https://www.nxtbook.com/greatamericanmediaservices/VGN/november-2022
https://www.nxtbook.com/greatamericanmediaservices/VGN/september-october-2022
https://www.nxtbook.com/greatamericanmediaservices/VGN/august-2022
https://www.nxtbook.com/greatamericanmediaservices/VGN/july-2022
https://www.nxtbook.com/greatamericanmediaservices/VGN/june-2022
https://www.nxtbook.com/greatamericanmediaservices/VGN/may-2022
https://www.nxtbook.com/greatamericanmediaservices/VGN/march-2022
https://www.nxtbook.com/greatamericanmediaservices/VGN/february-2022
https://www.nxtbook.com/greatamericanmediaservices/VGN/seedguide-2022
https://www.nxtbook.com/greatamericanmediaservices/VGN/buyersguide-2022
https://www.nxtbook.com/greatamericanmediaservices/VGN/january-2022
https://www.nxtbook.com/greatamericanmediaservices/VGN/december-2021
https://www.nxtbook.com/greatamericanmediaservices/VGN/november-2021
https://www.nxtbook.com/greatamericanmediaservices/VGN/october-2021
https://www.nxtbook.com/greatamericanmediaservices/VGN/september-2021
https://www.nxtbook.com/greatamericanmediaservices/VGN/august-2021
https://www.nxtbook.com/greatamericanmediaservices/VGN/july-2021
https://www.nxtbook.com/greatamericanmediaservices/VGN/june-2021
https://www.nxtbook.com/greatamericanmediaservices/VGN/may-2021
https://www.nxtbook.com/greatamericanmediaservices/VGN/april-2021
https://www.nxtbook.com/greatamericanmediaservices/VGN/march-2021
https://www.nxtbook.com/greatamericanmediaservices/VGN/february-2021
https://www.nxtbook.com/greatamericanmediaservices/VGN/seedguide-2021
https://www.nxtbook.com/greatamericanmediaservices/VGN/buyersguide-2021
https://www.nxtbook.com/greatamericanmediaservices/VGN/january-2021
https://www.nxtbook.com/greatamericanmediaservices/VGN/december-2020
https://www.nxtbook.com/greatamericanmediaservices/VGN/november-2020
https://www.nxtbook.com/greatamericanmediaservices/VGN/october-2020
https://www.nxtbook.com/greatamericanmediaservices/VGN/september-2020
https://www.nxtbook.com/greatamericanmediaservices/VGN/august-2020
https://www.nxtbook.com/greatamericanmediaservices/VGN/july-2020
https://www.nxtbook.com/greatamericanmediaservices/VGN/june-2020
https://www.nxtbook.com/greatamericanmediaservices/VGN/may-2020
https://www.nxtbook.com/greatamericanmediaservices/VGN/april-2020
https://www.nxtbook.com/greatamericanmediaservices/VGN/march-2020
https://www.nxtbook.com/greatamericanmediaservices/VGN/february-2020
https://www.nxtbook.com/greatamericanmediaservices/VGN/buyersguide-2020
https://www.nxtbook.com/greatamericanmediaservices/VGN/january-2020
https://www.nxtbook.com/greatamericanmediaservices/VGN/december-2019
https://www.nxtbook.com/greatamericanmediaservices/VGN/november-2019
https://www.nxtbook.com/greatamericanmediaservices/VGN/october-2019
https://www.nxtbook.com/greatamericanmediaservices/VGN/september-2019
https://www.nxtbook.com/greatamericanmediaservices/VGN/august-2019
https://www.nxtbook.com/greatamericanmediaservices/VGN/july-2019
https://www.nxtbook.com/greatamericanmediaservices/VGN/june-2019
https://www.nxtbook.com/greatamericanmediaservices/VGN/may-2019
https://www.nxtbook.com/greatamericanmediaservices/VGN/april-2019
https://www.nxtbook.com/greatamericanmediaservices/VGN/march-2019
https://www.nxtbook.com/greatamericanmediaservices/VGN/february-2019
https://www.nxtbook.com/greatamericanmediaservices/VGN/buyersguide-2019
https://www.nxtbook.com/greatamericanmediaservices/VGN/january-2019
https://www.nxtbookmedia.com