The Business of Agriculture Podcast

Chips, fries, hash browns, baked, scalloped, and lets not forget tater tots. In this episode, I talk taters with Matt Hemphill of Potatoes New Brunswick. Yep, that's one of the Maritime Provinces just east of Maine and Canada's third biggest producer of spuds. We eat potatoes but how familiar are we with this amazing tuber? Did you know a lot of potato farmers get 25- 30 tons of spuds per acre? Did you know China is now the number one producer of potatoes. Did you also know Asia is discovering what we did long ago - that French Fries are delicious? Pop a cold beverage and fill a plate with your favorite potato product because we're talkin' taters!

Agriculture is changing. To protect the legacy and lifestyle we love so much, we must address the business side of farming. While farmers are amazing at production, there are other complexities. Issues of size, scale, input management, legalities, managing employees, and keeping a handle on financials, for example. Jim Raftis, with Family Farms Group is my guest. FFG works with member teams — independent family farms. Acting as coach, consultant, and information resource, FFG help farmers strengthen their weaknesses. Loads of takeaways on how to improve your Ag enterprise and keep up the legacy!

We in Agriculture have a tendency to run for the exits screaming "fire!" when faced with a bit of price adversity. In this episode I tell you why the Ag economy slowed down, why it's normal, and why you should still be excited about the future. American Ag ingenuity will continue to create high quality, value added products an increasingly affluent global middle class demands. We're talking trade, money, farm land, regulation, consolidation, and what all this means for you. Super cycles like we experienced from 2005-2013 are the exception, not the norm. Welcome to Ag Normal!

PART 2 OF 2 Real estate is the biggest capital asset we in Agriculture have. So what's happening with Ag land? Who's buying, who's selling and for how much? Are investors out bidding farmers for dirt? Is there going to be an Ag land meltdown? Is farm land still a good investment? Should you manage your own farm land or hire a professional? Howard Halderman of Halderman Real Estate and Farm Management joins me for an informative 2 part series covering a lot of ground. A lot of ground, get it?

PART 1 OF 2 Real estate is the biggest capital asset we in Agriculture have. So what's happening with Ag land? Who's buying, who's selling and for how much? Are investors out bidding farmers for dirt? Is there going to be an Ag land meltdown? Is farm land still a good investment? Should you manage your own farm land or hire a professional? Howard Halderman of Halderman Real Estate and Farm Management joins me for an informative 2 part series covering a lot of ground. A lot of ground, get it?

Agriculture is a family business. But what happens when there's a death, divorce, dispute, or default? Who is the manager? Where does the money come from? And how will you keep things from blowing up between the personalities involved? Jolene Brown, farmer, speaker, and family business consultant joins me to discuss the personal, professional, and legal aspects of a family Ag biz. Want to keep your family financially solvent and still speaking to one another after a disruption or death? Listen to this episode for great advice on setting up a thriving family biz. As Jolene says, "A conversation is not a contract."

Are we treating our soil like dirt? In some ways yes. Agronomist Jodi DeJong-Hughes, regional educator in crops and soils with with University of Minnesota Extension joins me. We talk about the evils of tillage, soil health, and provide recommendations on what Ag can do to enhance your land. For example, did you know a 1% increase in organic matter increases water holding capacity by 27,000 gallons per acre? Listen and learn what you can do to enhance soil — it's Ag's most valuable asset!

Dennis Haugen is a North Dakota farmer who ran a side business cleaning grain. In 1995 a 50- car train derailment on his farm sparked another business venture: salvage work. Mr. Haugen still farms but his business has grown into various other endeavors. He has his own trademarked radish brand for cover crop mixes and his company, General Grain, handles salvage jobs all over North America. What happens when a barge of distillers grain catches on fire en route to New Orleans? Or an entire ship of fraudulently labeled organic grain from Ukraine is left to rot on the dock in Baltimore? That's where Dennis comes in. In The Business of Agriculture you've gotta look for the next opportunity. This is an interesting and inspirational listen!

When I was a kid, we went to the co-op every week to get our feed ground. The highlight for me was a bottle of ice cold Choc-ola from the vending machine! Much has changed for the cooperatives serving farmers since then, just as much has changed in Agriculture. They've merged, expanded, and renamed, but co-ops still serve Agriculture. In this episode I talk to Stan Feekes, general manager of Farmers Co-Op Society for perspective on the past, present, and future of this unique aspect of rural American agricultural development.

When Ford or Google advance humanity through technology, we hail their progress. So, why is innovation in food production treated differently? I sit down with Ag entrepreneur, businessman, and authority on genetic engineering in Ag, Rob Saik. We have a spirited, and informative talk about: the environmentalism of GMOs, how The Non-GMO Project proliferates ignorance via "butterfly bullshit," and Rob's assertion that we're entering the era of Agriculture 5.0.