Farm Succession Across the Globe: What Farmers Are Facing Right Now
Wednesday, April 1, 2026
Reference: Impact Farming
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Farm Succession Across the Globe: What Farmers Are Facing Right Now
Farm succession is one of the most important and most complex conversations happening in agriculture today. Across the globe, farm families are facing a massive transition as trillions of dollars in agricultural assets prepare to change hands in the coming decades.
In this special international panel episode of The Impact Farming Show, host Tracy Brunet brings together succession experts from Canada, the United States, and Ireland to discuss what is really happening inside farm families right now.
Together, the panel explores the financial realities, emotional roadblocks, and communication challenges that often stall succession planning and what successful farm transitions actually look like.
The Global Succession Reality
Agriculture is entering one of the largest generational transitions in history.
Yet despite the scale of this transition, many farm families still struggle to move from intention to action.
Succession planning isn’t just a financial decision—it’s a family conversation.
In this global panel discussion, we explore:
- What’s happening in agriculture right now in Canada, Ireland, and the United States
- The real conversations happening (or not happening) around the farm kitchen table
- The massive wealth transfer coming in agriculture over the next two decades
- The biggest roadblocks that prevent farm succession plans from moving forward
- What successful farm transitions have in common
- Lessons farmers around the world can learn from each other
- The first conversation every farm family should start today
Conversation Timestamps:
[0:00] – Introduction[2:07] – Guest introductions: Who are you, where are you from, and what’s your connection to agriculture?
[6:00] – What’s happening in agriculture right now in Canada, Ireland, and the United States
[12:00] – The great wealth transfer: Why succession planning matters more than ever
[31:35] – Where farm families get stuck in the succession process
[33:50] – On farm versus off farm children: How do you handle fair and equal?
[52:44] – The danger of equal inheritance to the farm continuation
[1:02:44] – What are the options to handle fair and equal for your family
[1:13:11] – Benefits of buying farm land ahead of time instead of waiting to inherit
[1:21:35] – What successful farm transitions actually look like
[1:31:35] – Rapid-fire round: Biggest risks, underrated lessons, and avoided conversations
[1:33:55] – What we can learn from each other and call to action
This global conversation highlights the common struggles farm families share, the lessons different countries can learn from one another, and why the time to start planning is now.
Thanks for tuning in,
Tracy
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If You’re a Farm Family Listening Today
If succession planning feels overwhelming, start small.
Begin with one simple conversation: What do we want this farm to look like in the future—and who will lead it?
Then take one step this month:
- Schedule a family meeting
- Speak with a succession advisor
- Begin documenting your goals for the farm
Succession planning isn’t just about transferring assets—it’s about protecting family relationships and the future of the farm.
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Meet the Panel:
Eamonn Walsh – Ireland
Founder of The Financial Farmer and a specialist in helping Irish farmers strengthen financial management and succession readiness.
🌐 https://alliedfinancial.ie
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Mike Downey – United States
Agriculture strategist with UnCommon Farms, working with U.S. producers on farm profitability, business structure, and long-term succession strategy.
🌐 https://uncommonfarms.com
🌐 https://www.nextgenag.us/the-team/
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Derryn Shrosbree - Canada.png)
Founder of 33seven and farm transition advisor helping Canadian farm families create clear, workable succession plans.
🌐https://www.33seven.ca
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* Disclaimer - As always, this information is not intended to provide business or medical advice. To ensure that your own circumstances have been properly considered and that action is taken based on the latest information available, you should obtain professional advice from qualified business or medical professionals before acting on any of the information in this post.
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The Impact Farming Show
Welcome to Impact Farming, Farm Marketer's video and audio show dedicated to helping Canadian farmers excel in the business of farming. Our goal with this show is to introduce our audience to the people and ideas that are going to make an IMPACT on their farming operation.
Show Host - Tracy Brunet
CEO of Farm Marketer
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Tracy and her husband are cattle ranchers in South East, Manitoba. As host of the show, primary producer and agvocate, Tracy is passionate about helping farmers succeed in the business of farming.
In each episode, Tracy chats with today's most successful farm advisors and industry leaders to bring our audience the best and most important ideas.
Connect with Tracy Brunet - Twitter / Facebook / Instagram / Linked in
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