Should I Create a New Company for My Custom Farming Business?

Growing up on a beef cattle farm in Kansas, I spent a good part of my summers swathing and baling hay for other farmers in the area.  This "custom farming" operation utilized some of our farm's machinery, but for the most part it operated as a separate business.  Under situations like that, it makes sense from a legal perspective to create a new company to handle such operations.  If you custom farm--whether silage cutting, manure hauling, harvesting, planting, etc.--read on for points about how and why you should set up a separate company for this purpose.  

Tomorrow's Farmers: Cutting a Wide Swath

Instead of agricultural law, I'm going to break with the theme of this blog and write about a recent observation.  I've been blown away in the past few weeks with a number of America's young farmers.  They are a different breed. They understand the challenges ahead.  And their contribution to agriculture in the next 50 years is going to be huge.