The new facility will house robotic milking systems, chambers for measuring greenhouse gas emissions, an advanced animal nutrition unit and state-of-the-art laboratories for agronomy and dairy science.

Even the most efficient and profitable herds need a transition plan from one generation to the next. Without it, they can disperse and become a statistic.

While many in the agricultural sector wonder who will make up the next generation of farmers, another legitimate question is who will make up the next generation of industry professionals.

Formulating your farm’s succession plan is likely not a straight line. Polly Dobbs, an Indiana attorney who is part of a seven-generation farm family, says it’s important to stay focused on your end goals.

As multiple weeks of significant rainfall pushes planting progress far behind last year’s pace, Scott Irwin, professor at the University of Illinois, says these delays may not affect corn yields as much as you think.

The clock is ticking — and the current estate-tax exemption is set to plummet at the end of 2025. The smaller exemption coupled with inflation and land values likely means increased assets and estate-tax rates.