Succession planning is a component of a household’s risk management strategy for its farm business in as much as it is aimed at continuity of the business' management team. The family farm sector relies heavily on intergenerational succession. Succession and retirement are inter-linked...

Using the 2001 ARMS, we investigate farm operator expectations regarding the continuation of government payments. Given the farmer expects payments to continue, we further investigate the expected direction of changes in payments. The 2001 Farm Bill was being debated at the time of the survey...