Why family farming is so important in SA and why it tends to fail after a couple of generations

Main points:

* More than 95% of food production comes from family owned businesses.
* It remains the anchor of farming and food production in SA and also worldwide.
* The first 2 generations do really well, but by the 3rd and 4th generation it starts to plateau or implode.
* A couple of reasons for this is the number of families and the dynamics at that stage.
* The balance between looking after all of the families or the business itself becomes important.
* Liquidity pressure and how the families will react when issues arise.

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