Farm Transition: How Do You Plan for Tomorrow When Today Feels Impossible?
In this episode of The Impact Farming Show, I tackle one of the hardest realities facing Canadian farm families today: how do you even think about transition planning when you're just trying to survive?
Margins are tight. Input costs are soaring. Grain prices are weak, and the cost of cattle is through the roof. While many others are upside down and facing a tough reality due to uncertainty of government policy and trade wars. For many, it feels nearly impossible to look beyond the next season.
But here's the truth: planning for the future isn't a luxury—it's a lifeline. Transition planning isn't just about retirement, it's about protecting your farm, your family, and your legacy against the unexpected.
You'll hear:
- Why transition planning actually supports farm survival during tough times.
- How to rethink what "transition" really means.
- What I mean by "the generational clock is ticking."
- The urgency of the next decade:
*A May 2025 University of Alberta study shows 88% of Canadian farmers don't have a formal succession plan.
*By 2033, 60% of farmers will be over 65.
*Two-thirds of Canadian farms have no succession plan, and 85% of retiring farmers haven't identified a successor.
- Practical, low-cost steps you can take today to start—even if you feel like you can't afford the time or money.
- Why starting small now can prevent family conflict, secure financing, and safeguard the farm's future.
This conversation is about farming dreams and keeping the family farm alive for generations to come. Transition planning isn't about someday, it's about making sure your farm can weather both today's storms and tomorrow's unknowns.
Tune in for strategies, stories, and hope for farm families who feel stuck between survival and succession.
I hope you enjoyed this conversation as much as I enjoyed creating this episode.
Thanks for tuning in friend,
Tracy
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🔗 FREE DOWNLOAD: Transition Planning Resource Guide. Tracy shares a new free tool for listeners eager to learn more about transition planning. https://www.farmmarketer.com/impact_farming_show/free_resources
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✅ About The Impact Farming Show: Produced by Farm Marketer.
Farm Marketer is a Canadian digital media company specializing in publishing agriculture content that matters most to Canadian farmers: news, commodities, agriculture events, agriculture real estate for sale, and much more.
Farm Marketer is also the proud producer of the award-winning agriculture show The Impact Farming Show. This weekly video and podcast show is dedicated to introducing farmers to the people and ideas that will impact their farming operations.
Join show host Tracy Brunet as she speaks to top minds and change makers about what's currently IMPACTING agriculture.
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⚠️ Disclaimer: I do not accept any liability for any loss or damage incurred from you acting or not acting as a result of watching any of my publications. You acknowledge that you use the information I provide at your own risk. Do your research.
Copyright Notice: This video and my YouTube channel contain dialogue, music, and images that are the property of The Impact Farming Show: Produced by Farm Marketer. You are authorized to share the video link and channel and embed this video in your website or others as long as a link back to my YouTube channel is provided.
© The Impact Farming Show: Produced by Farm Marketer
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#farmsuccession #familyfarming #farminheritance #successionplanning #agriculturelife #farmlife #far
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