Farmers

“They didn't really want another piece of equipment to make fertilizer on the field, and so while that is an elegant and kind of exciting tech vision, it's not customer focused.”

“The oversupply pushed live pig prices to a 15 year low in March. Some farmers are losing over 40 dollars per animal.”

“Routinely all the big chicken companies, egg companies, beef companies, they would always break their contracts when it was economically favorable for the big producer to do so, or the big brands.”

“We have 575 at the end of last year Farmers, and we hold their feet to the fire and vice on the other way around as well.”

“You know, we have half the number of farmers that we need in the United States alone to farm the food we eat every day.”

“Well, they have a lot of skin in the game. I mean, nothing like having thousands of bushels of a cash crop on your hands to force a decision.”

“You can't solve this through government regulation. You just can't. But you solve it through nutrition, through empowering your farmers, through getting good food into these programs versus the ultra processed, et cetera.”

“You can't come in here and gut the crop insurance program. You will lose thousands of farmers. And guess who swoops in and picks up their land and their operation? The Chinese get you.”

“As a result, the Trump administration had to issue two support payment checks to farmers that totaled twenty eight billion dollars in 2018 and 2019.”

“Things have changed a little bit now, but at the time, there was really no market for these items, and so there was no such thing as a market price.”

“There will be, as there was in the first Trump presidency, very likely very large transfer payments made to farmers, because China is very likely going to tariff imports or stop making Import purchases altogether”

“When they did that, the federal government, I believe, had transfer payments of north of twenty billion dollars to farmers.”

“There's many times you would be hearing this argument in our country that the farmers are looted they get for the papaya or for the apple they produce, they get only 10% or 20% or 30% of the final price which is paid, right? This is a very short-sighted argume…”

“Our ideal position would be to grow half them on our own farms and buy half from farmers.”

“And what I learned through this process was that farmers are a really strong business people. They have to be because all the ones who aren't have gone out of business. And even some of the ones who are really good have gone out of business, right? It's a toug…”

“All of these chemicals have some negative health effects for people and the long-term negative health effects for farmers, because farmers are the ones Or exposed to these chemicals in the largest degree, right? They spend their whole careers exposed to this s…”

“What happened in India is that they said we'll give free power to farmers. The farmers stopped being metered, right? And when the farmers stopped being metered, you didn't know what was happening to the electricity. And so industry started conniving with the l…”

“That additional amount that I spend on fertilizers, yeah, it's significant, but it's, relatively speaking, it's not that bad of a deal as an insurance policy to make sure that I get the best possible yield I can.”

“We have about half of our farmers now are retirement age.”

“Both the precision ag with the fixed costs and the cover crops and no-till practices before you see the return on that can take three to five years. And to survive, farmers are having to do that. They just got to get bigger.”

“The ability to find high end motivated talent That wants to interface with the farmers, probably the number one challenge.”

“The relationships with farmers are not purely transactional. Right. So local aggregator is essentially the guy who would, you know, in Hindi, we say, Mayad Bhagwat, Shadi, Tino, who he finance karda hai. Right. So it's not a clear equation that I pay higher pr…”

“We've been able to, by just better cropping practices, the farmer productivity has increased by 15%. And if you convert that into rupees and annualized farmers in, in these states are earning 200 crores extra every year because of the health we've given them.”

“And farmers benefit greatly from significant government, federal government support programs primarily a crop insurance program and some commodity price support programs but they are very anti-government.”

“Well, farmers, farmers pays a sign annually. So depending on the package from a few hundred dollars a year to like 20,000 dollars a year.”

“We acquire more farmers during the winter period when farmers have more free time and less during the summertime.”

“It's below, annual customer value is higher than the customer acquisition... Not much, maybe 10%. But it's okay, because farmers, farmers pay us up front a year.”

“We can do audio also, but you know, what we in our study, what we have found that nobody picks the phone and even somebody picks the phone, they cut because that's the, because it's coming from some number. So, so in order to be more relevant, it's better to h…”

“If the farmer doesn't have access to financing, nothing is going to change. If he has surplus money, he can do experiment. If he has the money, he can use your advice and put some right, you know, input into his farm. But let's say if you give him a best of th…”

“Because that chain of events that you described can sometimes be 10 or more deeper than that.”

“The farmers are maybe really good at growing vegetables, but don't necessarily know how to work a whole distribution network”

“There are dealers and distributors in the traditional trade, but they're not great at dealing with innovative products. So most agritech startups that are looking at doing direct farmer sales have to build a channel, and they probably want to build an innovati…”

“We have a new generation of companies that empower our farmers because it is not about subsidies and giving money away to them. It's about helping make farming profitable.”

“It turns out if you can get sperm to these farmers, you can increase the economic productivity of that family by like 30 to 50%, which is a huge deal.”

“So there is an opportunity from running analytics on whatever information is on the cloud. The issue is what parameters is the most relevant to assess the specific plant needs and plant needs are different for different crops. So there is a lot of work that th…”

“And I actually think they're early adopters of technologies and in many ways have kind of a hacker mindset.”

“I think the biggest change is that instead of thinking about some of the things we've been talking about here, water resources, amount of land, soil quality, the resources that we'll all be talking about that are going to be the most valuable to the growers th…”

“Farmers used to pool their crops at the end of the season. So they would choose to give up a higher than average yield in good years in order to mitigate loss in down years. And this is the fundamental concept behind insurance.”

“Discovered that farmers would actually share information if they could believe that it would benefit them in return.”

“All the value of what farmers own is in their data. And that's why companies love to take it for free.”

“Five hundred million farmers without internet, but supplying 70% of the world's food”

“So 40% of the farmland in North America is leased to farmers.”