Yeutter Institute of International Trade and Finance


Date of this Version


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U.S. government work.


It is a pleasure for me to speak this morning to this dynamic group of young farm families. Those of .us who were actively involved in farming a few years back are continually amazed at the talent that has come along" to succeed us. Farming has indeed changed more than we realize. That is not a new discovery, for thousands of articles have been written about the technological revolution in agriculture. But relatively little attention has been given to the change in farm families themselves. without doubt, the quality level of young farmers and their wives - whether it be measured in terms of education, basic intelligence, knowledge, breadth of concerns, or any other reasonable criterion - is far superior to what it was twenty years ago, or even ten years ago. That is why U.S. agriculture has a bright future, and it is also why speaking before a group like this is such an enjoyable experience.