347. Farm Credit Mid-America's Natasha Cox on the speed of change + prioritizing smart bets for innovators and farmers alike

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This is a podcast episode titled, 347. Farm Credit Mid-America's Natasha Cox on the speed of change + prioritizing smart bets for innovators and farmers alike. The summary for this episode is: <p>New data from USDA shares that net cash farm income decreased roughly 3.5% from 2023 into 2024 and we’re looking at inflation adjusted numbers. But here’s the piece of the silver lining that may be untold: that number – net cash farm income – is still above average when we look at the last 20 years from USDA data. This week, Natasha Cox, Senior Vice President of Farm Credit Mid-America, joins us to help make sense of the numbers, what it means to producers and to the broader agbioscience economy. We get into:&nbsp;&nbsp;</p><ul><li>The macro perspective on the health of farm balance sheets across the Midwest&nbsp;</li><li>Big trends that she’s looking at from a financial health standpoint of farms and agribusinesses&nbsp;</li><li>Consolidation – from both the farmer and innovator perspective – as a factor in the economic system of agriculture in the US&nbsp;</li><li>New investments being made on farm or within agribusinesses to better connect to the end market of food is health&nbsp;</li><li>Natasha’s perspective as a farmer and how she prioritizes where to place her bets for her operations&nbsp;</li><li>The criticality of surrounding yourself with good partners, knowing your options when it comes to strategic planning and investments and asking the right questions for your operations or business&nbsp;</li><li>The innovation she’s most excited about in 2025&nbsp;</li></ul><p><br></p>
The Health of Ag Balance Sheets
00:58 MIN
The Speed of Change
00:45 MIN
Meeting Consumer Demand
00:31 MIN
New Market Investments
01:38 MIN
Positioning for Success
00:48 MIN
Job to Be Done
00:46 MIN

DESCRIPTION

New data from USDA shares that net cash farm income decreased roughly 3.5% from 2023 into 2024 and we’re looking at inflation adjusted numbers. But here’s the piece of the silver lining that may be untold: that number – net cash farm income – is still above average when we look at the last 20 years from USDA data. This week, Natasha Cox, Senior Vice President of Farm Credit Mid-America, joins us to help make sense of the numbers, what it means to producers and to the broader agbioscience economy. We get into:  

  • The macro perspective on the health of farm balance sheets across the Midwest 
  • Big trends that she’s looking at from a financial health standpoint of farms and agribusinesses 
  • Consolidation – from both the farmer and innovator perspective – as a factor in the economic system of agriculture in the US 
  • New investments being made on farm or within agribusinesses to better connect to the end market of food is health 
  • Natasha’s perspective as a farmer and how she prioritizes where to place her bets for her operations 
  • The criticality of surrounding yourself with good partners, knowing your options when it comes to strategic planning and investments and asking the right questions for your operations or business 
  • The innovation she’s most excited about in 2025