347 - Consolidation’s Limitations — Perspectives from a CEO on Consolidation in Agriculture

The Business of Agriculture Podcast

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 the business side. From farm machinery, to genetics, chemistry, and retail, there are fewer players today than in past decades. As we head into a declining Ag income cycle, consolidations will increase, based on historical precedent. But what are the limitations of consolidation? Landus CEO Matt Carstens joins Damian Mason for a lively Business of Agriculture episode!

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