Michael Ferguson of Wilmar Farms and his family are in a great spot with their transition. They transferred decision-making control early and maintained the family relationships – an ideal outcome. But it wasn't all sunshine and rainbows. Even when he tried to do everything right, there were roadblocks along the way.

In this two-part episode of FCC Knowledge: Talking Farm and Food, Marty and Mike discuss transition from a junior partner's perspective. Mike shares the importance of trust, hard conversations and taking the time and patience to make it work.

And stay tuned for part two, where we talk transition from a senior partners perspective.