In today's podcast Paul has a conversation with Devin Fuhrman of Nationwide Insurance. Nationwide will be celebrating 100 years and is trying to help farmers make it through the next 100 years. It is a mutual company founded by farmers and continues to be a leader in the farm insurance industry. They ahve develop farm risk ready platform on their website to help farm families manage their risk more efficiently.

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In today's podcast Paul has a conversation with Ron Dunker of Oaken. Oaken is a start-up company initiated by Purdue University that helps farmers manage their landowner relationships. As more and more land transitions to owners with little or no involvement in ag, this becomes even more important.

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In today's podcast Paul has a conversation with Shawn Arita at the North Dakota State University Agricultural Risk Policy Center. We discuss how the issues in the Middle East are affecting fertilizer price and supply plus how the trade issues are compounding the effect on farmers. For those of you that primarily listen to the podcast you may want to head to the Farm Journal YouTube channel to view the podcast due to our use of charts.

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In today's podcast Paul has a conversation with Jim Parry and Cameron Rafati of Iron Ridge Advisors. Most farmers will enter into a 1031 exchange when they sell farmland to defer the income tax. Most prefer rolling it into farmland, but in many situations they either can find good land to invest in or they run up against the 45 day deadline. Jim and Cameron provide an opportunity for farmers to still defer the tax by utilizing a Delaware Statutory Trust (DST). In the podcast we review how a DST works and when it is and is not appropriate for farmers.

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A conversation with Erik Glenn of the Colorado Cattlemen's Agricultural Land Trust. This trust was the first state specific land trust that allows ranchers and farmers to put conservation easements on their land that both comes with tax benefits and in many cash economic benefits that allows the family to keep the land available for multiple generations and/or expansion. Several other states are offering the same type of trust for their rancher and farmers.

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In today's podcast Paul has a conversation with the Alsum family from Wisconsin who just won the most recent Top Producer of the Year award. In the podcast we discuss their farm operation, how it started and how the succession process is coming along. Larry Alsum grew up a fourth generation dairy farmer but pivoted to a first-generation producer farmer and packer.

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In today's podcast Paul has a conversation with Josh Linville of StoneX. Josh is a repeat visitor and we discuss the current world supply and demand situation for fertilizer. One comment from Josh was that the nitrogen to corn ratio is at the second highest level ever for this time of year, second only to 2005, right before the ethanol boom started. Back then corn had a 2 in front of its price and nitrogen was over $200 a ton wholesale.

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In today's podcast Paul has a conversation with Cory Walters, associate professor at the University of Nebraska. Cory grew up on a farm in NW Montana, but has spent his career in academia and helps farmers with many items but in today's podcast we discuss typical risk management options. We then have a discussion on how farmers might be able to utilize a micro captive insurance company that they own and operate and how that might help their farm operation.

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In today's podcast Paul has a conversation with Drew Blankenbaker of Iroquois Valley Farmland REIT. Drew and his team help farmers who are farming organically or trying to transition to organic obtain land that will be tied up for longer periods of time. The fund does allow the farmer to purchase the land after six years for fair market value. They have pipeline of over $50 million of farmland, now they just need to find the investors.

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In today's podcast Paul has a conversation with Tim Nuss of Nuss Farms in Lodi, California. Tim is a fifth-generation farmer whose family raises about 10 different crops and he is also this year’s Top Producer Next Gen award winner. Tim and his younger brother also started The Modern Acre podcast back in 2018 and have about 450 episodes on that.

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