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Abstract

Family farm succession methods vary considerably due to individual family dynamics. This study uses qualitative research methods to investigate the impacts of farm business structure, division of managerial responsibility, and family decision-making processes on the matter of business transfer from one generation to the next. Interview methods were employed to investigate succession methods in the northern and southern high plains of Texas. Results indicate that succession methods vary across individual families. The method by which the younger generation becomes involved in farming, as well as family dynamics, are found to impact farm succession.

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