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231 - Does Your Farm Need A CFO? Yes, It Does and Here's Why

231 - Does Your Farm Need A CFO? Yes, It Does and Here's Why

The Business of Agriculture Podcast · Damian Mason

March 7, 202248m 50s

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Show Notes

Jarod Creed is not an insurance agent, commodity broker, or banker. Yet, his job involves oversight of farmers' commodity marketing, capitalizing on government insurance programs, and keeping the balance sheet positive. Essentially, Jarod sees his company's role serving the 50 farming operations he works with as their consultant CFO. Jarod tells us what farming operations do wrong, why "manage your risk" is a misguided mantra, and why complacency is every farms biggest risk. From inflation, to commodity price volatility, to admitting Agriculture's amazing profit possibilities, Jarod and I cover it all in this spirited conversation. Sponsored by LandTrust landtrust.com