Tim and Tyler talk to Matt Woolf about the ag economy in California specialty crops.
Takeaways
- Post-COVID, nut pricing is stabilizing while vegetable pricing normalizes.
- USDA estimates can be inaccurate due to abandoned orchards.
- The Big Shrink report explores the impact of population decline on agriculture.
- Population growth has historically supported agricultural markets.
- Fertility rates are declining due to economic and cultural factors.
- Public policies to reverse population decline have shown little effect.
- Farmers should focus on quality over quantity in exports.
- California agriculture faces significant regulatory challenges.
- Ag tech innovations are rapidly evolving and improving efficiency.
- Farmer sentiment is low due to high input costs and low commodity prices.
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This episode is presented by American AgCredit. Check them out HERE.
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