How will your kids judge you on your management of today’s once in a lifetime bonanza? Ag banker and strategist Michael Swanson, Wells Fargo senior agricultural economist, worries that farmers are buying land at any price, at a big cost to future generations. He poses the questions below to farmers, as the stewards of multi-generation businesses. “These questions are about preserving future options, after the good times have gone,” he says. “Just as previous generations shepherded your business, ask yourself some questions to temper today’s sizzling once-in-a-lifetime environment.”...
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