If you’re in modern day production Agriculture, you are in business. Probably to the tune of millions of dollars of allocated capital. Yet, many farmers don’t flex their money mindset or think like entrepreneurs. This could make for real on-farm struggles moving into an era of high interest rates, consolidation, and demographic changes on North American farms. Evan Shout, CFO of Saskatchewan’s HGV (Farms) and founder of FarmerCoach joins Damian to discuss improving one’s entrepreneurial quotient, the business side of farming, and how to remedy business mindset shortcomings. Sponsored by:  Pattern Ag pattern.ag  AGvisorPRO getagvisorpro.com  Truterra truterraag.com

304 - Bridging The Farmer/Entrepreneur Mindset

Damian travels all over the globe talking to audiences about trends in the business of food, fuel, and fiber. With his clever wit and down-to-earth delivery, he has turned these topics into an interesting (and sometimes controversial) podcast.

Business

Investing

Careers

Management & Marketing

Business News

Shopping

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 many other frank inquiries in this very interesting discussion. This is the first release in a two part series digging into consolidation in Agriculture. The Business of Agriculture Podcast with Damian Mason is Sponsored by: Pattern Ag pattern.ag Redox Bio-Nutrients redoxgrows.com Truterra truterraag.com  

346 - Consolidation in Corporate Agriculture — Who Benefits?

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 Folta joins Damian Mason on the Business of Agriculture for an intelligent discussion about the nutrient content of food. From McDonald’s to Wal-Mart, trends and preferences are evolving. The future of food and nutrition will be impacted by policy, healthcare, and consumer demand. Navigating the change is Ag’s next challenge. The Business of Agriculture Podcast with Damian Mason is Sponsored by: Pattern Ag pattern.ag Redox Bio-Nutrients redoxgrows.com Truterra truterraag.com  

345 - Nutrient Content of Food — Agriculture’s Next Challenge?

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 setting up a financial breakeven for producers. What does this mean for all of us and what can crafty operators do to remain financially viable? John Maman with Nutrien Financial, and Nutrien Chief Economist Jason Newton share data along with financial recommendations in this episode of The Business of Agriculture. The Business of Agriculture Podcast with Damian Mason is Sponsored by: Pattern Ag pattern.ag Redox Bio-Nutrients redoxgrows.com Truterra truterraag.com  

344 - Financial Outlook for Agriculture — Back to Normal

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 prices squeeze farm profit margins, managing against disease loss is critical. What if you can do so proactively? Mike and Damian discuss predictive agronomics, bio-fertility, nutrient uptake, and the ineffectiveness of most crop scouting (hint: It’s more an autopsy than a doctor visit!). The Business of Agriculture Podcast with Damian Mason is Sponsored by: Pattern Ag pattern.ag Redox Bio-Nutrients redoxgrows.com Truterra truterraag.com  

343 - Technology to Mitigate Crop Loss Risk

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 Business of Agriculture Podcast with Damian Mason is Sponsored by: Pattern Ag pattern.ag Redox Bio-Nutrients redoxgrows.com Truterra truterraag.com  

304 - Bridging The Farmer/Entrepreneur Mindset

Download our free app to listen on your phone