The Business of Agriculture Podcast
452 episodes — Page 4 of 10

302 - Is Supply Management in America's Ag Future?
We produce a LOT of agricultural output here in the United States and the trend line for increased productivity isn't letting up. So what happens when we run out of places to sell our output or creative ways to burn through our crops as we've done with ethanol or renewable diesel? Will we see calls for controlling the supply through a quota system on production? Damian Mason predicts (with 58% accuracy!) that supply management is in America's future. The reasons why: higher margins, more predictable economics, environmentalist push for reduced food waste, and a call for bigger returns on capital among larger scale operators. Sponsored by: Pattern Ag pattern.ag AGvisorPRO getagvisorpro.com Truterra truterraag.com

301 - Tackling Commodity Mindset For Higher Margins in Ag
As you've likely heard me say, we in Agriculture suffer from commodity mindset. When we think of growing margins, we think of reducing costs, getting bigger, and making more with less. But what happens when there's almost no efficiencies to be gained, or worse yet when we make so much stuff that even through efficiencies the margins are paltry due to an oversupply of food? Well, what if I told you that day is fast approaching? Friend of show, Todd Thurman joins me to discuss the future of Agriculture and the inherent need to not just add efficiencies but to also grow revenue and profit margin. Branded products, source verification, niche markets, and environmental impact quotients are just a few of the margin boosters coming soon to an Agriculture near you! Sponsored by: Pattern Ag pattern.ag AGvisorPRO getagvisorpro.com Truterra truterraag.com

300 - What Are Biologicals, What Do They Do, and Why Do I Need Them?
The proliferation of biological crop inputs over the last several years has been almost overwhelming. I personally believe soil biology — understanding it and working with the soil versus against it — is the next frontier for production Agriculture. That said, the world of biological soil and crop enhancements is crowded while still a bit murky. What exactly is in those jugs of biologicals, what do they do, how do farmers benefit from them, and will we use more biologicals and less chemistry on farms of tomorrow? Answers to those questions and so many more are in this discussion with Illinois farmer Greg McClure and BWFusion agronomist Sean Nettleton. Sponsored by: Pattern Ag pattern.ag AGvisorPRO getagvisorpro.com Truterra truterraag.com

299 - Prime Time Pepper Production
Mike Way started his Ag career selling citrus upon graduating from Fresno State. A few years later, he hopped over to vegetables with a few partners. Today he is the CEO and half owner of Prime Time — a California-based grower / shipper / packer of produce specializing mostly in peppers. Mike explains the challenges of providing year-round vegetables to the food service and retail marketplace while also navigating California's increasingly anti-Ag policies. Both of those challenges spurred his business to expand into Mexico. Chances are, you've eaten a Prime Time pepper. If you're looking for the story behind that pepper, here it is. Sponsored by: Pattern Ag pattern.ag AGvisorPRO getagvisorpro.com Truterra truterraag.com

298 - Technology That Reduces Waste By Capturing What You've Already Produced
North American farmers are losing valuable bushels of corn and soybeans at both the front and back end of their combines -- those bushels never making it to the grain bin. We in Agriculture have been conditioned to focus on increasing production. But what about the money being lost by losing yield on crops you've already produced? That was the motivation for Craig Ganssle, founder of Farmwave, which uses AI technology to reduce grain loss. Craig is joined by Midwest farmer, Jacob Smoker who explains his results using the Farmwave system. Sponsored by: Pattern Ag pattern.ag AGvisorPRO getagvisorpro.com Truterra truterraag.com

297 - Farm Finances, Pivoting Due to Interest Rates And The 5 C's of Credit
In a year's time, interest rates have more than doubled, commodity prices have declined by roughly 15 percent, while land and cash rent prices are in record territory. So, is everything alright with farm financials? John Maman with Nutrien Financial joins Damian to discuss Agriculture money and the marketplace. No, it's still not the 1980's and yes, you should have a firm understanding of the 5 C's of credit! Sponsored by: Pattern Ag pattern.ag AGvisorPRO getagvisorpro.com Truterra truterraag.com

296 - Stubbornness: Why 77% of Farms Don't Have A Succession Plan
If you work in the Business of Agriculture, you likely know of a dysfunctional family farming operation. Contrary to the pastoral vision of farming portrayed in children's books, many farms are stress-filled places to work with family members in conflict, run by narcissistic owners. So says Andy Junkin who works as a farm mediator and advisor to keep family farming operations from imploding. Andy joins Damian to discuss succession plans, working with the next generation, and the 9,000 hour rule. If you're a farmer in that 77%, you may not like what you hear in this episode. Which is exactly why you need to hear it! Sponsored by: Pattern Ag pattern.ag AGvisorPRO getagvisorpro.com Truterra truterraag.com

295 - Are Outsiders Really Buying Up Farms? Trends And Truths About Farmland Investing
Farmland values have been on a tear the last couple years. Who's buying America's farms and why are they doing so? Is it true that institutional investors are keeping farmers from expanding ownership? Will interest rate hikes cause farm ground prices to plummet? Are foreigners buying the property next door? Is farmland still a good investment? Should there be restrictions on who can own farm ground? Paul Pittman of Farmland Partners answers all those questions and more — buckle up for a fast moving discussion! Sponsored by: Pattern Ag pattern.ag AGvisorPRO getagvisorpro.com Truterra truterraag.com

294 - Aerial Agriculture — A Bird's Eye View of Drones, Manned Aircraft & Tomorrow
Drone technology is evolving at a rapid pace. Will we see a future where unmanned aerial vehicles replace the traditional crop duster? Likely not for a number of practical reasons as well as the technology advancements being made in manned agricultural aviation. A more likely scenario is where drones compliment airplanes (as well as terrestrial application units) for greater precision, reduced product application, and improved production. In this forward looking episode Damian sits down with Bill Reynolds of Leading Edge Aerial Technology, Andrew Moore with National Ag Aviation Association, and Mike Dipaola CCO of Taranis. Sponsored by: Pattern Ag pattern.ag AGvisorPRO getagvisorpro.com Truterra truterraag.com

293 - Ag's Next Gen — A Talk With Morningside University Ag Students And Department Head
"Our industry is going to require 60,000 4-year college graduates and we're around 38,000 students graduating from the Ag curriculum currently." So says Dr. Tom Paulson, department head at Morningside U's Applied Agricultural and Food Studies. Dr. Paulson is joined by Tom Moss and Liz Zoebel, two of 75 students studying Agriculture at the Sioux City, Iowa college. They discuss what they're learning, what they're not learning, where we can help them develop professionally, and much more. Tune in to this spotlight on tomorrow's Ag leaders. Sponsored by: Pattern Ag pattern.ag AGvisorPRO getagvisorpro.com Truterra truterraag.com

292 - Is The Meat Industry Listening To Consumers?
Have you noticed steaks and chicken breasts are considerably larger than they were just a couple decades ago? Switching to pork, have you noticed your chops are less flavorful (maybe that explains the popularity of bacon)? Todd Thurman and Nevil Speer join Damian to discuss the meat production model and how we've gotten to a place of less flavor and huge carcasses. Can we reverse this trend by focusing on consumer preferences or will Agriculture continue to focus on production rather than consumers? Profit margins of tomorrow depend on our response to consumer signals. Sponsored by: Pattern Ag pattern.ag AGvisorPRO getagvisorpro.com Truterra truterraag.com

291 - Farm Bill 2023: Will There Be One And What Will It Look Like?
Every five years congress hashes out, argues about, and then releases a new and revised Farm Bill. At least that is what's supposed to happen, although it may not happen for the 2023 version. Paul Neiffer, the Farm CPA, joins Damian to explain the current Farm Bill, predict what's in the new version, and discuss proposed changes. The new Farm Bill's spending is set to grow by 60% -- much of it for nutrition programs — but where else will this money end up? Listen and find out! Sponsored by: Pattern Ag pattern.ag AGvisorPRO getagvisorpro.com Truterra truterraag.com

290 - Succeeding Despite A Consolidating Ag Customer Base
Fact: There will be fewer American farmers ten years from now than there are today. In no way is this meant to be fatalistic or negative, it's just reality. "Peak farm" occurred in 1935 with 6.8 million farming operations in the U.S. The number has been declining ever since to two million farming operations today. Of those two million operations, about 175,000 do almost all the heavy lifting of food production and farm the vast majority of acres. That number is expected to drop as farm consolidation continues. Facing this reality, what strategies should be employed to succeed if your customers are farmers and each year there will be fewer of them? Joel Farley and Eric Lohse of Midwest Ag Advisors discuss their business and what they're doing to expand in the face of Ag consolidation.

289 - Depreciating A Farm's Fertility To Lower Taxes? Yep, It's A Thing
When you think of buying a piece of farm ground, you probably think of the very real possibility that the soil is depleted. But what if it's got more than enough fertility and what if you can actually use that banked fertility to lower your taxes? Turns out, per IRS Section 180, you can depreciate excess fertility on newly acquired farm land (purchased, not rented). Alec Bean with Agricultural Soil Management explains this crinkle in the tax code that might make your next farm land purchase a bit better for your tax plan. Sponsored by: Pattern Ag pattern.ag AGvisorPRO getagvisorpro.com Truterra truterraag.com

288 - Are These Good Times For Real, And For How Long?
Much of American Agriculture is predicted to have a prosperous 2023. But there are concerns. Commodity prices are high but so are inputs. Exports set a record last year but geopolitical strife is simmering on the verge of boiling over. What's the future hold for Ag? Arlan Suderman, Chief Commodities Economist with StoneX Financial and a self-proclaimed "glass half-full" guy discusses farm economics, trade, domestic consumption, burning through over-production, and why the USDA is wrong about China among other things.

287 - Online Ag Input Retailing — Is This Where We're Headed?
The Amazon effect is coming to Agriculture. In fact, it's already here. If you need something on your farm, chances are you can order it up on your smart phone and have it by the end of the week. Even chemicals, seed, and fertilizer. But will Ag retail go away? Not likely, given the proximity, relationship, and handling capacity. Lance Ramthun, founder of Farmerce, discusses his company's incarnation, growth curve, and value proposition. This is a fun and moving discussion about the future of Ag input allocation! Sponsored by: Pattern Ag pattern.ag AGvisorPRO getagvisorpro.com Truterra truterraag.com

286 - Is Your Butterfly Net Ready To Catch Climate Cash?
All indications are, money is going to be blowing into Agriculture from a myriad of sources over the next year, largely in the form of environmentalism. Is this trend for real? Will the funds come from a new Farm Bill? Are corporate players truly investing in Ag or just covering their tales in the new era of ESG — Environmental, Social, and Governance movements? John Duff of Sero Ag Strategies provides his take on the matter. While carbon sequestration programs are still evolving, nitrogen reduction programs, carbon intensity scores, and even water reduction and quality initiatives are in the offing. While some in Ag look at this new environmentalism with skepticism, there appears to be money behind the movement. Agriculture is a business, which means this revenue stream should be on everyone's radar. Sponsored by Pattern Ag pattern.ag, AGvisorPRO getagvisorpro.com, and Truterra truterraag.com

285 - The Future of Ag Is De-Globalized
If you've worked in the Business of Agriculture for one year or the past 50 years, all you've known is increased globalization of our industry. That's changing and the pace of change will likely accelerate during the next decade. Todd Thurman, co-host of The Business of Ag Success Group discusses the rise of globalization as we examine American Ag exports past, present, and future and what tomorrow's global markets might look like. Sponsored by Pattern Ag pattern.ag, AGvisorPRO getagvisorpro.com, and Truterra truterraag.com

284 - Why North American Ag Must Wean Itself Off China
North American Agriculture has benefited greatly by China's rise during the last couple decades. But, as you've heard, all good things must come to an end and in this case, the end might not end well. Tensions between China and the west — particularly the United States — have ramped up. And frankly, those tensions aren't likely to subside. In this episode we discuss trade, numbers, and the reasons it's time to start weaning North American Agriculture off the adversarial customer that is China. Sponsored by Pattern Ag pattern.ag, AGvisorPRO getagvisorpro.com, and Truterra truterraag.com

283 - Why We Should Sell Mexico Non-GMO Corn
American Agriculture often times suffers from a disorder I've termed Acute Commodity Mindset. Symptoms of this disorder include thinking customers should purchase what we produce — regardless of what they actually want — and resisting opportunities to up-sell higher profit margin products. We saw both of these behaviors in the recent "spat" with Mexico, who initiated a ban on GMO corn beginning in 2024. Mexico softened their stance on Genetically engineered corn after being threatened by American Ag. Unfortunately, we'll take the wrong lesson from this "victory" over our number two Ag customer, who I believe will ultimately look to replace the U.S. as a corn provider. XtremeAg's Matt Swanson discusses the issue. Sponsored by Pattern Ag pattern.ag, AGvisorPRO getagvisorpro.com, and Truterra truterraag.com

282 - Private Equity Focused On Funding Agriculture
A few years ago, it seemed that capital was on every corner looking for a place to invest. But even in those cash-rich days, not a lot of investors looked at Agriculture as an investment objective — aside from biological crop inputs and technology. Then there is Open Prairie, an Illinois-based private equity group deploying investor money into growing agricultural companies. Open Prairie's founder and CEO, Jim Schultz discusses the landscape of Ag venture capital, why he's bullish on Ag, and the future. Mr. Schultz also explains — in simple terms — the process of investing and how his fund works, then he shares some great illustrations citing companies you may have heard of! Sponsored by Pattern Ag pattern.ag, AGvisorPRO getagvisorpro.com, and Truterra truterraag.com

281 - Managing For The Future — A Candid Conversation with a 30 Year Old, 4th Gen Farmer
Luke Roush was just a kid when I met him, now he's managing a diversified Indiana farming operation with his father. We talk about skill sets, strengths, weaknesses, employee management, growth, money, the future, and more. What does Luke see from his perspective? Where are the challenges, and where are the opportunities? How does technology adoption favor his generation? What concerns do the next generation of farmers have? Most importantly, what excites tomorrow's farmers? It's all here! Sponsored by Pattern Ag pattern.ag, AGvisorPRO getagvisorpro.com, and Truterra truterraag.com

280 - Predictive Agronomy Pioneering Ag's Last Frontier: Soil
A shovel full of soil contains billions of microbes, thousands of bacteria, and a biological complexity we're only beginning to understand. With the advent of soil sampling, we've generally tossed out macronutrients in large quantities and started to look at micronutrients. But we've not done much when it comes to predicting pathogens. So, we've either treated unnecessarily for disease and pathogens, or we've suffered yield loss oblivious to the pathogenic pressure. Those days are done — or at least they can be. Mike Tweedy with PatternAg explains Predictive Agronomy. Sponsored by Pattern Ag pattern.ag, AGvisorPRO getagvisorpro.com, and Truterra truterraag.com

279 - Is "Right To Repair" Much Ado About Nothing?
More than half the states in the U.S. are considering "right-to-repair" laws according to a recent article. Legislation at the federal level is being pushed by Montana senator Jon Tester. Pushers of "right-to-repair" regulation position themselves as victims of big equipment companies. Big equipment companies, on the other hand, claim they have the right to void warranties if owners put the wrenches to their increasingly sophisticated machines and, in doing so, make a mess. Ultimately, I believe this issue will resolve itself as equipment gets increasingly complex and as the ownership model morphs into more of a subscription. Fred Simkin, right-to-repair proponent and engineer joins me for a discussion (and occasional disagreement) on the subject. Sponsored by Pattern Ag pattern.ag, AGvisorPRO getagvisorpro.com, and Truterra truterraag.com

278 - "Corporate-ization," Consolidation, and the Reality of Commoditization
I've been hearing the complaint, "it's hard / impossible for a young person to start out in farming these days" for decades. Recently, an interviewer went down this road about the struggle of young people to get into farming and blamed the phenomenon on "corporate-ization." You've no doubt heard this complaint yourself, but is it even true? If it is true, why is it? In this episode I provide some historic perspective, numbers, data, outlook, and reality: that commodity production favors scale and size, whether you're in the business of making corn or manufacturing copper. Sponsored by Pattern Ag pattern.ag, AGvisorPRO getagvisorpro.com, and Truterra truterraag.com

277 - Adding Margin And Diversifying Farm Income Via Direct To Consumer Ag
Kelly Garrett is an entrepreneurial farmer from western Iowa. His business interests include farming, trucking, plant food distribution, ag retail, and now: direct to consumer beef. Kelly joins me to discuss the motivation behind creating GLC Beef and the opportunities for increasing profit margins by becoming vertically integrated. Sponsored by Pattern Ag pattern.ag, AGvisorPRO getagvisorpro.com, and Truterra truterraag.com

276 - A New Revenue Stream for Farm Acres Via Ecosystem Services
We've been hearing about carbon credits for several years in Agriculture. Finally, the vagueness of the ecosystem marketplace is becoming more clear. In this episode we learn how farmers enroll their acres to get compensation for carbon sequestration and nitrogen reduction. Who pays for these environmental objectives? How much money is available and how are the arrangements structured? What practices are eligible (or not allowed)? And what — besides annual revenue — are the benefits to participants? Mariah Murphy, Truterra's Director of Retailer and Farmer Services, explains Ecosystem Services and how Ag producers can benefit by starting with a soil health assessment.

275 - Connecting Customers To Markets — Behind The Scenes Look At Commodity Marketing Services
The Business of Agriculture trades commodities. We produce them, buy them, sell them, and process them to make products for our end users. But who does all this trading and who ultimately, uses the goods we make? Dave Smoldt and Kyle Schrad with StoneX Financial give us a behind the scenes look at customers they serve and how they help end users navigate the commodity markets for their business — and ultimately for profitability. We discuss marketing, risk management, supply management, the impact of ESG on Ag businesses, the reality of economics and the truth of "market volatility." Sponsored by Pattern Ag pattern.ag, AGvisorPRO getagvisorpro.com, and Truterra truterraag.com

274 - Record Farm Income 2022 — What It Means & What You Should Do
U.S. net farm income set a record in 2022, up 14% from 2021 to $160.5 billion. To put it mildly, things in Ag are good financially speaking. 2022's farm income number is double what it was just 3 years ago during the China - U.S. trade spat. What does this mean for those of us who earn our living in Agriculture? Will expenses rise by more than income (2023 will be the most expensive crop ever planted!)? Will the good times keep rolling or are we about to be blind sided? And what should we in Ag be doing now to capitalize on the positive financial situation while managing for the next downturn? Paul Neiffer, The Farm Accountant, and Chris Barron with Ag View Solutions address all this and more! Sponsored by Pattern Ag pattern.ag, AGvisorPRO getagvisorpro.com, and Truterra truterraag.com

273 - Elevating Ag — One Video And One Fact At A Time
Agriculture has a lot of battles to fight beyond the daily challenges of producing our food, fuel, and fiber. Causes against production Ag have turned into religious movements as well as full-blown business models. Call it what it is, it's "the conflict industry" and in places like Holland, farms are being forcibly liquidated by government to reach an alleged environmental objective. This subject is just one that we cover in this episode about Agricultural advocacy with guests Natalie Kovarik and Tara Vander Dussen. If you don't know these ladies, you soon will as they're tearing it up on social media elevating Ag one video at a time. Sponsored by Pattern Ag pattern.ag and AGvisorPRO getagvisorpro.com

272 - How Can We Use More Soybean Meal? Innovation Challenge
In 2022 American farmers produced the fourth largest soybean crop on record at 117 million metric tons or roughly 4.4 billion bushels. The good news: Demand is matching global supply and prices are decent. The challenging news: Our demand for soybean oil is outpacing our demand for soybean meal. Given the math (about 80% of a soybean is meal, 20% is oil), this presents a challenge. That's why the soybean industry has issued a challenge to find more innovative ways to utilize soybean meal. Mac Marshall, VP of Market Intelligence with United Soybean Board joins Damian for an always interesting dialogue about soybeans, world markets, and more. Sponsored by Pattern Ag pattern.ag and AGvisorPRO getagvisorpro.com

271 - Prophets (Profits!) of Doom — The Economics of Dire Predictions
Cow farts cause "climate crisis" and climate crisis is reducing crop yields, eating eggs causes high cholesterol, global population growth will cause mass starvation, sunlight exposure is harmful to your health. You've likely heard these dire predictions confidently proclaimed by so-called experts. The only problem: Most of these doomsday scenarios are inaccurate. Yet they persist but why? Todd Thurman joins me to discuss the peril of following "experts," the reality of our future versus doomsday paranoia, and why people cling to false or disproven narratives. Sponsored by Pattern Ag pattern.ag and AGvisorPRO getagvisorpro.com

270 - 2023: The Most Expensive Crop Ever Planted
Shay Foulk with Ag View Solutions predicts cost of corn production for 2023 will average $5.35 per bushel. That number is an all time high and it's due to an increase in every crop input from nitrogen to diesel to labor. The story is the same for the other major commodity of soybeans, and presumably for wheat as well. The reason: crop input price inflation. The good news: farms are still predicted to turn a profit in 2023, helped by high commodity prices. And, these are nominal dollars, not real dollars (we'll explain!). What does all this mean to you, me, the rest of the Ag sector and our consumers? Shay joins Joe Vaclavik of Standard Grain to shed light on marketplace outlook amid the most expensive crop ever planted looming this spring. Sponsored by Pattern Ag pattern.ag and AGvisorPRO getagvisorpro.com

269 - What A 3rd La Niña Weather Pattern Means For Ag
Farmers love to talk about the weather but in this episode we go deeper and talk about systems, climate, global weather patterns, and the year ahead. My guest is Eric Snodgrass, Senior Science Fellow for Nutrien Ag Solutions. Will we see the sort of devastating dryness we experienced in the west in 2022 make a repeat? Will we have subsoil moisture replenished? And what about the Mississippi river…will it fill up soon? Those questions and more in this episode of The Business of Agriculture. Sponsored by Pattern Ag pattern.ag and AGvisorPRO getagvisorpro.com

268 - From Farrowing Crates in Denmark to Feed Additives in North America — A Business Discussion
Lasse Jakobsen was born in Denmark, now the Millennial heads up U.S. business development for the company his grandfather created to serve European hog production. Today, Protekta is a joint venture with a Danish organization that produces feed additives, among other things, for pork, poultry, and primarily dairy producers. Lasse discusses the advantages of selling to a consolidating industry, lessons learned about customer outreach, surviving Covid disruptions, the advantage he has from working in Europe, and other business perspectives. Sponsored by Pattern Ag pattern.ag and AGvisorPRO getagvisorpro.com

267 - The Future of Ag, Technology, and Equipment - Perspective From 3 Machinery Guys
Your smart phone has more technology and capability than NASA's Apollo program had 50 years ago. Think about that, then think about the technology in today's modern farm machinery. Data collection, yield monitoring, analysis down to the square foot…It's amazing to say the least. John Deere business development manager Dan Paschke joins Deere dealer representatives Jeremy Ostrander and Jon Carlo of Agrivision Equipment and PrairieLand Partners to discuss farm machinery, technology, and the past and present of the Business of Agriculture from their perspective. Sponsored by Pattern Ag pattern.ag and AGvisorPRO getagvisorpro.com

266 - Revisionist Ag History And Rose-Colored Lenses
Two weeks ago I posted on social media a photo of an antique tractor next to a modern machine. In my post I referenced the advancements we've made since the antique tractor worked the land — 7 times increase in per acre yield, less natural resource consumption per calorie produced, environmental advancements, etc… Then, as often happens on social media, the detractors began commenting. This post brought out the nostalgia for simpler times back when small farms could compete and farming was easier and more profitable. The only problem with these comments of course is that they're completely inaccurate. In this episode I debunk revisionist Ag history. The good old days weren't always good. Sponsored by Pattern Ag pattern.ag and AGvisorPRO getagvisorpro.com

265 - Renewable Diesel: Will We Really Need 18 Million More Soybean Acres?
Renewable diesel is the new buzz talk everywhere in Agriculture. Will its take off and reality match the fervor in farm circle discussions? Will the tax credits giving RD lift off remain with us? Will more biofuel fuel the "no food for fuel" debate? Well, yes, that's almost a guarantee! Mac Marshall, VP of Market Intelligence with the United Soybean Board talks all things soybean and renewable diesel, from numbers to acres, to marketplace issues and more. Sponsored by Pattern Ag pattern.ag and AGvisorPRO getagvisorpro.com

264 - Fertilizer, Florida Agriculture and Hurricane Ian
Fertilizer markets have been tumultuous for a few years now. Just when you thought things had settled down on fertilizer price and availability, a hurricane hit, a war broke out, and the Mississippi dried up. Nathan Carson is VP of Operations with Chemical Dynamics, a Florida specialty fertilizer company. He shares perspective on Florida Ag and outlook on fertilizer price and availability. Nathan also provides discussion points on everything from California's water problems to Mexican fentanyl's role in produce imports. Tune in — this is an awesome talk! Sponsored by Pattern Ag pattern.ag and AGvisorPRO getagvisorpro.com

263 - What An Aging, Shrinking Population Means For Ag (And Everyone Else!)
The global population is getting older and fertility rates have been plummeting. Unless you follow my commentary, this is probably news to you. Most everyone in Ag is still operating under the misguided assumption that population growth is boundless. It's not. As fertility rates drop like a rock, the population gets older. Fast. Here in the U.S. for instance, our median age has aged by more than a decade in the last 50 years. An aging population means big changes for our industry. From the product mix we produce (old people don't drink milk), to the quantities we put on the plate (old people eat less), to questions of labor availability (working age population is at record high), there are huge challenges associated with an aging population. Todd Thurman joins me to discuss how Ag must admit and address this reality. Sponsored by Pattern Ag pattern.ag and AGvisorPRO getagvisorpro.com

262 - An Asparagus Entrepreneur
Ken Wall left his post as an attorney and moved his two sons back to the Ontario specialty crop farm he was raised on in the 1990s. Since then he's expanded the enterprise, gotten in the seed business, built a food processing facility, and created a niche manufacturing company. He explains the business of asparagus and describes his diversified Agriculture business. Did you know Germans eat about 3 times as much asparagus as North Americans do? That, along with outlook for the future of horticulture, a peek at labor's impact on Ag, and more in this awesome episode of The Business of Agriculture podcast! Sponsored by Pattern Ag pattern.ag and AGvisorPRO getagvisorpro.com

261 - Fats, Oils and Fuels
There's an industry within the world's most important industry that most folks probably don't think a lot about but it's huge and it's growing: The fats and oils side of Ag. Vegetable oil demand is growing, not just because of human consumption but also as a fuel source with renewable diesel and sustainable aviation fuel demand on the up tick. Then there is the animal fat by-product and its myriad uses. All this and more is explained and discussed with Chris Peterson of HeroBX as Damian prepares for his presentation at the American Fats and Oils Association. Sponsored by Pattern Ag pattern.ag and AGvisorPRO getagvisorpro.com

260 - Finding Fairness In Farm Transition
You've likely heard the horror stories about unhealthy Agricultural family business succession. Dysfunctional relationships, favoritism, squandered wealth, sibling rivalry — Elaine Froese, the Farm Family Coach, has seen it all. The sad part: it's all preventable. Elaine joins me to discuss strategies to successful business succession. She shares valuable information and tips on how to run a family operation like the business it is. Sponsored by Pattern Ag pattern.ag

259 - Precision Conservation That Boosts Farm Profits
While most farm operators quest for more acres, the real drive should be for more profitable acres. Which means, less productive acres in some cases would be better off going un-farmed. That's the concept of precision conservation as promoted by Pheasants Forever & Quail Forever. Jacob Taylor a specialist with the wildlife organization joins Tennessee Farmer Jeremy Fowler to explain how they enroll less productive farm land into conservation programs enhancing wildlife and landowner profit. Sponsored by Pattern Ag pattern.ag and AGvisorPRO getagvisorpro.com

258 - Sorghum: A Crop To Answer A Future Of Water Restrictions?
Sorghum, Grain Sorghum, Milo…whatever you call it, it's a crop that's likely to expand in acres over the next decade. The reason: water. Specifically, water restrictions — either by regulatory forces or adequate availability — will increase the economic justification for drought tolerant crops like sorghum. John Duff, one of the world's foremost experts on sorghum discusses the crop, the marketplace, and the future of the world's fifth most important grain crop. Sponsored by Pattern Ag pattern.ag and AGvisorPRO getagvisorpro.com

257 - Farming In Western Canada Amid New Environmental Regulation Push
The Trudeau administration recently announced its intention to bring (potentially stifling) environmental regulations to Canada's Ag sector. So far, the rules are just proposals and are still ambiguous and evolving. The Netherlands kicked off what is fast becoming a green agenda in Ag that could leave the farm sector economically wounded or even force Dutch farmers to liquidate. Is this degree of green crusade coming to North America via Canada? Manitoban farmer Riley Anderson joins me to discuss the potential outcomes, negatives, and even a possible positive for farmers. Sponsored by Pattern Ag pattern.ag

256 - 13 Trends Impacting The Future of Food Production - Part 2
A new white paper produced by a team of members of the Association of Equipment Manufacturers outlines 13 trends impacting the future of production Agriculture. In this two-part episode I am joined by an AEM panel to dig into the trends and provide outlook on the rapid changes coming to Ag over the next decade. Who will own the farm land? What will you do to protect your increasing dependence on technology from cyber attack? Will water use become limited? Does technology and climate cause a different crop rotation? Those and other questions about the future of rural America's most vital business are in these two episodes! Sponsored by Pattern Ag pattern.ag

255 - 13 Trends Impacting The Future of Food Production - Part 1
A new white paper produced by a team of members of the Association of Equipment Manufacturers outlines 13 trends impacting the future of production Agriculture. In this two-part episode I am joined by an AEM panel to dig into the trends and provide outlook on the rapid changes coming to Ag over the next decade. Who will own the farm land? What will you do to protect your increasing dependence on technology from cyber attack? Will water use become limited? Does technology and climate cause a different crop rotation? Those and other questions about the future of rural America's most vital business are in these two episodes! Sponsored by Pattern Ag pattern.ag

254 - How "Green" Legislation Harms Food Production And The Environment
During the Summer of 2022, Dutch farmers began protesting extreme environmental legislation poised to force liquidation of livestock and shut down farms. The purpose of Holland's legislation is allegedly for the good of the environment, but upon further analysis, the laws will simply offshore and worsen environmental damage. Todd Thurman joins me to discuss how rapidly advancing "green" legislation is reducing food output, harming the poor, and disproportionately targeting Agriculture. Sponsored by Pattern Ag pattern.ag

253 - The Future of Ag and The Ag Inputs Business
Biologicals are the newest iteration in Ag inputs but they've actually been around for several decades and they still lack consistent results. Consolidation among Ag's biggest players has left just a handful of huge companies — will they all still be here in a decade? If so, who will they acquire? Meanwhile, farms are consolidating too (as they have been for almost a century), how does that change the Ag inputs biz? And what does the future look like in way of crop inputs and the manner in which they are developed, sold, and distributed? This and more is discussed in this episode of The Business of Agriculture with guests Galynn Beer and Brian Waugh of Agroliquid. Sponsored by Pattern Ag pattern.ag