Farmers must balance what is practical with what is possible
It’s time to publish your Farm of the Future report. I am Tim Hammerich.
Two forces that definitely influence the direction agriculture takes are what is possible versus what is practical. Grounded Capital Partners CEO Stephen Hohenrieder points out that while everyone who eats cares about what’s possible, farmers are the ones who have to deal with what’s practical.
Hohenrieder…”When I think about this continuum from convention to aspirations, you have these conventional farmers who want many of the same outcomes that more ambitious people also want. And so if you then look at the other end of that spectrum at the At the ambitious end of that spectrum, you might have academics or nonprofits or family offices or regenerative farming groups that have an idea of what’s possible, and maybe how things should be. And I find that so often that end of the spectrum tells the conventional end of the spectrum, they do it all wrong, and the conventional end of the spectrum tells the ambitious end of the spectrum, that they don’t understand and that is hard. And that if they could, they would. And I think both ends are good.
Hohenrieder believes in investing in companies that fall somewhere between the conventional end of the spectrum and the ambitious end of the spectrum. He sees opportunities to build on what is practical and move it in a more ambitious direction.