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The objective was to investigate the existing relationships between production, sustainability and generational succession of dairy farms in Minas Gerais. Structural Equation Modeling was used to test nine hypotheses identified in the literature on the subject. Socially and economically sustainable properties can contribute to increasing family succession. In addition, properties that produce more milk may have greater possibilities of contributing to young people remaining in the dairy activity. The generational succession was directly influenced by economic and social sustainability and, indirectly, by the scale of production. [ABSTRACT FROM AUTHOR]