Nearly 90 percent of North Dakota farmers polled would like to transition their farm to a younger generation. but only 30 percent of them can make that transition. “The average age of farmers and ranchers in North Dakota is about 57 years old,” said Foster County Extension Agent Jeff Gale. “Many are approaching or have already gotten past the normal retirement age so succession planning is about how these farm or ranch operations be passed on to a younger generation.” It’s never too early to start the succession planning process. “Get an early start on this, I think everyone will be glad they did.”
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