We in Agriculture are told, “The low cost producer wins.” That’s been generally true for as long as anyone working in Ag today can remember. But what about moving forward? Will efficiency gains be enough to keep Agriculture profitable? No, they won’t be. The reason: Focusing on efficiency addresses supply, when our real problem moving forward will …

Beginning in the 1960s, Americans were told of the evils of saturated fat. From the 1970s through the ’90s, “low fat” was a can’t miss marketing slogan. Abstaining from meat, eggs, butter, and milk would keep us thin and stave off heart attacks, we were told. Grains and fiber were the answer for health and longevity, according to the experts. At on…

We’re in year one of an Agricultural economic downturn due to low commodity prices. How bad are things, really? Where - geographically - are the numbers worse and who’s holding up better? Curt Covington, with Ag America Lending joins Damian Mason for the third time on The Business of Agriculture show. Curt provides a letter grade on farm and lender…

The number of farming operations in the U.S. has dipped below 2 million for the first time since we became a developed nation. Peak farm — meaning the year we had the most operations — occurred in 1935 when we had 6.8 million farms with a farming population of 32 million. Of a national population of approximately 128 million, that means one in four…

Netafim, a subsurface drip irrigation maker, is teaming up with corporations eager to offset their water consumption. Through their Corporate Partnership Program, Netafim secures commitments from outside corporations to fund 50% or more of the cost of new irrigation installation on farms. Similar to carbon offset programs you may have heard about, …

What happens if Robert F. Kennedy, the self-described “extreme environmentalist” who rails against “factory farms,” is in charge of the Department of Agriculture? The trust fund heir turned environmental lawyer turned politician led the first lawsuits against Monsanto, and he’s on the record as saying we can end diabetes with organic food. Those ar…

Will we get a new Farm Bill and if so, what will it look like? Damian Mason asks those questions and plenty more of his guest, Roger Cryan, Chief Economist for the American Farm Bureau Federation. Dr. Cryan and Damian provide a brief history of farm legislation (it dates back to the 1930’s) as well as a look ahead at what a future farm bill might i…

The International Longshoremen’s Association announced that they had reached an agreement to end their strike on the evening of October 3rd. This episode of The Business of Agriculture was already recorded and set for release on October 7. Given the tenuous state of affairs between the ports, shippers, and the union — along with the fact the agreem…

Explore the rise of corn ethanol in the United States in this insightful episode of The Business of Agriculture. Prior to the Renewable Fuels Standard of 2004, corn ethanol was a niche market. Fast forward to today, and nearly 40% of U.S. corn production is dedicated to ethanol. Join host Damian Mason as he interviews Geoff Cooper, CEO of the Renew…

The Business of Agriculture is all about producing food, fuel, and fiber. We’re damn good at it. What we’re not so good at is promoting our products. In a marketplace that’s oversupplied on just about every Agricultural commodity, differentiation, promotion, branding, and marketing are more important than ever. Maureen Ballatori, CEO of Agency 29 —…

Are livestock producers unfairly targeted by climate activists for their environmental impact? Do consumers face unjust guilt trips over their meat, milk, and egg choices? In this episode of The Business of Agriculture, we dive into the debate surrounding livestock and greenhouse gas emissions. Join host Damian Mason and UC-Davis animal scientist F…

Two areas of increasing concern for production Agriculture: Water utilization and labor availability. Farmblox is a farm automation company connecting equipment and in-field sensors to a producer’s phone. Imagine a future with less time spent monitoring or guessing, and more time adjusting, based on real time information. Sustainability, labor savi…

In this episode, we dive into the world of pulses—edible seeds from the legume family, including lentils, dry beans, and chickpeas (also known as Garbanzo beans). Discover why pulses are becoming a crucial part of the food industry, driven by rising consumer demand for plant-based protein, increasing protein needs in developing economies, longer sh…

You've probably heard about Regenerative Agriculture, now there's Regenified Certified. This innovative certification designates products produced using advanced regenerative farming practices. In this episode of The Business of Agriculture, host Damian Mason is joined by Heidi Diestel from Diestel Ranch, a pioneering California-based turkey produc…

The subject of solar development on farm ground generates a lot of impassioned opinions. But do you know the all the facts? Listen to Damian’s discussion with Illinois farmer John Carroll, who has eight on-farm solar developments powering livestock and farm facilities. He is also exploring community solar projects, where a municipality leases farm …

Imagine a future with more environmental regulation, a fusion of regenerative and conventional farming practices, tastier food that’s still affordable, fewer farmland acres — especially of corn and soy — with more acres of oddball crops like sorghum. These are just a few of Damian Mason’s BIG thoughts on the future of farming, food prices, and what…

41.9% of Americans are obese. Most of these people are not on obesity drugs. Yet. But that day is coming according to Damian Mason, and when it does Agriculture is going to — for the first time ever — face a marketplace of declining per-person caloric consumption. Todd Thurman joins Damian in this forward - looking discussion. What will the impact …

The United States’ Agricultural projected 2024 trade imbalance isn’t due to a lack of sales. In fact, American Ag is on track to sell more corn, soy, pork, and other farm products than ever before. The imbalance — meaning we’re buying more dollars worth of Agricultural goods than we’re selling — is due to deglobalizaion, a strong dollar, and consum…

Bee populations are declining, as you’ve likely heard. Is the decline a problem for Agriculture? Yes, says Itai Kanot, co-founder of BeeHero. With 75% of food crops requiring pollination, humanity needs bees. We need both wild honeybees — and perhaps more importantly — the kind kept by professional beekeepers. Professional beekeepers are hired by f…

The global Agriculture drone market is predicted to grow by 31.5% annually over the next four years. That’s good for Ag innovation but bad for American national security. Why? Because the dominant global manufacturer of Unmanned Aerial Vehicles (UAV’s) for Agriculture, is directly linked to the Chinese Communist Party. That company — DJI — currentl…

Historically, investment in Africa has been extractive, as in, spend money to build mines or infrastructure to extract resources from the continent. Jeff Bordes with Acres Club says his company is changing that by deploying capital investment into Africa to build farms to nourish the local population. Developing farms in other countries is nothing …

Recycled freight containers turned into backyard hydroponic farms for suburbanites? Space farming to combat the perils of Earth-bound climate crisis? These are just two of the multitude of Agriculture-themed business ventures being pitched by their founders, investors and public relations consultants. The problem with these ventures: They seek to s…

The U.S. is staring down its largest Agricultural trade deficit in history. One factor in that is the amount of off-shore produce and specialty crop imports from nations with significantly lower labor costs. Jamie Clover Adams, Executive Director of Michigan Asparagus joins Damian Mason to explain why American farmers are losing out to other countr…

The demographics are actually quite staggering — we are getting old, fast. Which means our customer’s dietary choices and demands are changing. Is Agriculture changing with its customers? What about the food inflation situation, with grocery prices up 25% since 2020? Todd Thurman, of Swine Insights International joins Damian to discuss economics, d…

For six decades, American Agriculture ran a trade surplus — meaning, we sold more dollars worth of Ag products to other countries than we bought. That’s changed. American Ag has run a trade deficit (bought more than we sold) four of the last six years. A record trade imbalance of $32 Billion is projected for 2024. Why is American Agriculture at a t…

Farming is a business. Complete with a lot of moving parts, huge capital investment, and low margins. Adding in the trend toward farm consolidation, those larger farms that remain are left feeling a bit isolated. What’s a forward-looking farmer to do? Join a professional peer group where you get business advice, information, and feedback from other…

Agriculture has been consolidating for almost a century. There were 6.8 million American farms in 1935, today, less than 2 million. About 160,000 of those two million American farms do the bulk of the heavy lifting, production wise, with more than 90% of farm revenue. Consolidation has been the norm in not only production Agriculture but also on th…

Big companies have gotten bigger in Agriculture, generally by acquiring, or merging with, other companies. Consolidation in the Business of Agriculture has been going on for decades and it’s likely to continue. The question is: Who benefits from consolidation in the Agriculture industry? Damian Mason asks Corteva’s Jim Davis that question, amid man…

For years Agriculture has prioritized production, transport-ability, appearance, and efficiency in the food we make. But what about nutrients? Did nutrient content of food get relegated to the back seat? Somewhat, and that’s changing, as consumers demand tastier, more nutritious food. University of Florida professor, farmer, and podcast host Kevin …

The last twenty years have been very good ones — financially speaking — for American Agriculture. The last three years 2021, ’22, and ’23 are the highest farm income years ever in both nominal and inflation adjusted, real dollars. Now, in 2024, we face a revenue downturn. While commodity prices are OK, input prices remain elevated. This scenario is…

In production Agriculture we tend to over manage for some pathogens — corn root worm for instance — while under managing for others such as Fusarium. Mike Tweedy with PatternAg cites his company's recent finding in a certain geography where Fusarium — a disease for which we generally under manage — caused an average of 30 lost bushels. As commodity…

Money was pouring into Agricultural startups a few years ago. What’s the investment climate look like now? Damian Mason is joined by Business Transaction Attorney Max Bremer on this episode of The Business of Agriculture. They discuss money flow into Ag, the pace of mergers and acquisitions, and how legislation is pushing some consolidation. The Bu…

Most people don’t hold investment money in the Ag commodity space. That may be changing as investing in things like corn is made easier via ETFs — exchange traded funds. Jake Hanley with Teucrium explains the oftentimes complex commodities trading industry and how his company is simplifying — or as Damian Mason says “democratizing” — commodity inve…

Fruits and vegetables have been bred over the past half century for the primary objective of transportability and shelf life. The tradeoff: taste and nutrient density. As marketplaces mature and consumers are afforded increasing food options in the produce section, might a play toward taste, nutrition, and reduced food waste be a winner? Nathan Pum…

Most of the fertilizer applied to fields, doesn’t actually get absorbed by the plant. That’s an economic as well as environmental liability for Agriculture. Technological advances in adjuvants, fertilizer amendments and biologicals aim to change farming. In this episode of The Business of Agriculture Podcast with Damian Mason, Clark Bell, CEO of Na…

Frank Tiegs started farming in the Columbia basin region of Washington in 1975. Then he bought an apple packing facility. From there, the operation has expanded mightily to involve 140,000 acres of farming and 15 food processing facilities. Upon Frank’s recent passing, his son Keith re-joined the business as president. In this episode of the Busine…

Indiana appears poised to become the twenty-fifth state to restrict — or outright ban — ownership of Agricultural real estate by foreign entities. Many people — from both within and outside of Ag — have been calling for such legislation. Currenly, twenty four states have similar laws on the books. Generally, the legislation is directed at entities …

A full three quarters of farmworkers in the U.S. are migrants and many are here illegally. Add in food service, meat processing, and the ancillary industries that feed the food business and you’re talking about a LOT of foreign-born workers who work to put food on America’s table. Is the migrant crisis we’re witnessing on our nation’s southern bord…

In the last episode Todd Thurman joined Damian to cover a topic most in Agriculture have never considered: Are we permanently over supplied with Agricultural commodities? Pointing out the reasons demand won’t outpace - or even keep up with - our productive capacity, Thurman and Mason painted a picture of long term surpluses that keep prices below b…

We in Agriculture love production! For example, we’re producing about 50% more corn, soy, and pork than we did just a quarter century ago here in the U.S. The playbook for decades has been: find more global markets to peddle our commodities so we can keep doing what we like doing, which is producing stuff. Here’s the problem — and the commodity pri…

It’s setting up to be a challenging year for farm economics. Add to that: it’s an election year, Washington DC is as dysfunctional as ever, and we still don’t have a Farm Bill — which was supposed to have been passed last year. What’s the outlook financially for farms. What about trade policy? Does renewable energy investment favor Ag? Will the U.S…

Nationally, between 30 and 40% of farmland is rented to an operator from a land owner. But how are rental rates for this hugely valuable asset class determined? Are the rental rates fair? What causes variability in values? Howard Halderman of Halderman Real Estate and Farm Management explains the math and methodology of farm cash rents. The structu…

Kyle Beaver is a self-admitted Jack-of-all-Trades who, at age 25, turned a Google search into a mushroom business. Six years later he’s refining Ten Mile Mushrooms and launched a subsidiary. The business still grows some fungus for consumption but has morphed into a supplier of ready-to-fruit substrate. That means, they sell the stuff that makes mu…

Agricultural trade events can be a lot of fun, but are they always valuable? And who are they valuable to? Brandon Wipf, South Dakota farmer and co-chair of Commodity Classic 2024, joins Damian Mason and XtremeAg’s Kelly Garrett to talk trade events. How do these two business-minded farmers get value from trade events? How can you maximize your ROI…

Blake Matthews returned to the Idaho family farming operation twenty years ago. Upon his return, he began experimenting with a new array of products and practices, including bio-nutrients. First, he used bio-nutrients to help his sugar beets bounce back after applying glyphosate. He moved on to potatoes where he has eliminated fungicide and insecti…

22 years ago, immediately after graduating from college AND getting married, John Carroll and his new bride flew to Brazil to start farming. John’s family, with a farming operation in west central Illinois, had just purchased farm land in a newly developed Ag area of Brazil. Today John and his family are living back in Illinois but he manages the B…

In Agriculture we generally have the perception that farmers as price takers are being short-changed as “middle men” make all the margin. While it’s popular to talk about “cutting out the middle man,” how realistic is it to actually happen? Ryan Moe and Todd Thurman join Damian to discuss who these middle operators are, what they do, and whether or…

Ag commodity marketing is too complex, largely misunderstood, and the industry is full of products and services you probably don’t even need to profitably market your grain. That truth bomb — along with many more — is courtesy of Joe Vaclavik of Standard Grain. Mr. Vaclavik, a former grain trader turned commodity marketing commentator, says there a…

Interest rates appear to be stabilizing, wage and food inflation are still worsening, and predictions for America’s Ag sector are a bit dour for 2024. What’s going on at the macro-economic level and what does it mean for Agriculture? Compeer’s Chief Risk Officer, Bill Moore, joins Damian to discuss inflation, land values, debt, the American consume…

Cost of production set a record in 2023 as the most expensive crops ever planted. How things turned out for the P&L statement depended on weather, yield, and how well operators navigated the commodity markets. Prices for land, labor, fuel, machinery, and crop inputs aren’t subsiding, nor is the interest rate for borrowed money. All this points to a…