NEW FARMCON PODCAST
Kevin and Todd cover everything from corn, soybeans and cattle to government policy, investing, selling the family farm, hiring great people, and why some of the biggest lessons in business come down to knowing when to change direction.
THIS WEEK’S CONVERSATION
03:00 — What Liquid Death Can Teach Agriculture
Kevin explains why FARMCON intentionally brings in successful people from outside agriculture—and how producers can borrow ideas from great brands and businesses in completely different industries.
06:00 — Corn: Where Does the Next Move Come From?
Kevin breaks down crop variability, exports, yield risk and why the September USDA report could become an important inflection point for corn prices.
14:00 — Soybeans: Is the Bullish Demand Story Already Priced In?
China is buying and domestic crush remains strong, but Kevin believes the bigger market surprise may now have to come from the supply side and a smaller U.S. yield.
23:00 — Wheat Still Needs a Demand Story
Black Sea disruptions continue to provide support, but Kevin explains why plentiful global supplies leave wheat with a very different setup than corn and soybeans.
28:00 — Tyson, Cattle & Knowing When to Change Course
Tyson’s recent moves lead to a bigger conversation about capital allocation, taking losses and why strong businesses have to be willing to admit when something isn’t working.
32:00 — Don’t Bet Against the Government
Kevin explains why one of his core investing rules is to understand where government policy and capital are flowing—and avoid putting yourself directly on the other side.
54:00 — Would You Sell the Family Farm for 20X?
If somebody offered $100,000 an acre for ground worth $5,000, would sentiment win—or business? Kevin explains why he believes an extraordinary offer can create an even bigger opportunity for the next generation.
58:00 — The “All-In” Test for Investing & Hiring
Kevin shares the filter he now uses on investment opportunities, why he increasingly bets on people rather than products, and what he looks for when evaluating the people leading a business.
KEVIN’S QUOTES
“If he can take standard water and create a brand around it and build it into the empire he’s built it into, you could take number two yellow corn.”
“I’ve watched more friends go broke in businesses… just because they couldn’t take a loss.”
“If nothing changes, nothing changes.”
“I don’t wanna take positions or stances that really work against what the government’s trying to do.”
“I’m in the business to be in business.”
“Good people can take an okay or even a bad idea and make it a great business. Bad people can take a great idea and turn it into a piece of crap.”
“Hire great people that tell you what to do. If you’re hiring people that you have to tell what to do, those aren’t great people.”
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