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FORWARD THINKING has always played a prominent role for Crave Brothers Farm.
Since the founding of the multigenerational dairy farm in Waterloo, Wis., in 1980, they’ve adopted sustainable farming practices, added a cheese factory to increase the value of their milk, and operate a manure digester that generates enough electricity to power their operation and 300 neighboring homes, making them a carbon-negative company.
Now the next move for the Crave family is a smooth transition of ownership and management to the second generation, while also furthering their regenerative ag practices.
With four senior owners and three junior owners, the farm is in the thick of the transition process and aims to transition ownership of a large portion of their business in the next 10 years.
“All of the senior members have a lot of experience, and we still lean on them a lot,” says Jordan Crave, who is one of the junior partners. “But ultimately, the direction we go is going to be up to the younger generation members and managers. So we are making those decisions and setting the foundation for that move.”
The Craves are being proactive in how they plan to stay profitable. One approach is finding ways to add more value to their products. They’ve already achieved this with their cheese factory, a decision that was made after the three senior partners evaluated several ideas to add value to their milk, which they felt was necessary to be a sustainable business. Since 2001, they’ve…