November 26, 2024

175 | How to Pass on a 7-Generation Dairy Farm: Part 1 - Getting Started

55 minutes

In this special 3-part series, we are bringing you the Tanbark Talk held at World Dairy Expo, where we delved into the complexities of transitioning a farm to the next generation.

Part 1: This discussion includes:

How and why the Oechscners started their 10-year plan to transition their farm to the seventh generation

Building a transition team

Defining roles in the business

Assessing financial feasibility

Meet the Panelists:

Dennis, Jeni & Alan Oechscner, Oechsner Farms: This seventh-generation dairy farm is currently navigating a 10-year ownership transition plan. The Oechsners will share their firsthand experience managing multi-generational dynamics while embracing modern technologies.

Jared Holt, President & CEO, Ascent Financial: Jared brings deep financial expertise to the discussion, offering insights on estate planning, debt management and financial strategies for long-term success.

Steve Schwoerer, VP of Dairy Lending, Compeer Financial: With over 31 years in dairy lending, Steve will share his knowledge on financial planning for transitions and how Compeer supports dairy clients through the process.

This episode is sponsored by Compeer Financial.

Compeer Financial is a member-owned Farm Credit cooperative serving and supporting agriculture and rural America. Their dairy team brings world-class expertise and tailored solutions to support dairy producers’ financial goals and lending needs.

For more information, contact:

Compeer Dairy Industry Experts

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By Peggy Coffeen

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