The Casual Cattle Conversations Podcast: Non-family Transition Plans: How to Make it go Smoothly

Non-family Transition Plans: How to Make it go Smoothly

Non-family Transition Plans: A Success Story to Take Notes From

For every senior rancher looking for an heir, there is an eager member of the rising generation trying to find ways to get started. The challenge? Getting the two parties to meet with their compatible counterparts.

Lydia Carpenter and her husband are an example of how to adapt their business and find a member of the senior generation to build with instead of against.

Question #1: How did you get started in production agriculture?

“We started a farm business when we were in our 20s on leased acres. I grew up in the Red River Valle where land is quite expensive,” says Carpenter. “We decided that we were going to run a livestock operation, so we moved to the western part of Manitoba where agriculture is a bit more diverse and mixed. This is where we built our direct-to-consumer meat business.”

Question 2: How did you find a non-family member looking for heirs?

“We subsequently started buying heifers from an individual that was living in Alberta at the time,” says Carpenter. “He was originally from Scotland, had moved to Canada in 2000 and subsequently decided to sell the land in Alberta and move to Manitoba.”.... 



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