What's Behind The Generational Rift in Agriculture? | Damian Mason
Damian Mason - The Business of Agriculture
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1h 6m
Why is farmland ownership increasingly difficult for younger generations? Damian Mason and Vance Crowe examine the growing wealth divide between Baby Boomers and Millennials and what it means for the future of American agriculture.
Baby Boomers hold more than half of America's household wealth, while younger Americans face rising housing prices, expensive farmland, inflation, and mounting barriers to building financial security.
Vance Crowe, founder of Legacy Interviews, joins Damian to explore whether today's generational economic divide is fundamentally different from previous decades.
The discussion examines how inflation rewards existing asset owners, why agricultural subsidies often favor established landowners, and whether government policies designed to benefit specific age groups create more problems than they solve.
With a major generational transfer of farmland ahead, the conversation raises important questions about farm succession, agricultural entrepreneurship, and the future of farm ownership.
They also explore an important alternative for aspiring farmers: If purchasing farmland is financially unrealistic today, what other opportunities exist to build a career and create wealth in agriculture?
The Business of Agriculture Podcast with Damian Mason is brought to you by:
- Heads Up Plant Protectants | https://www.headsupst.com/
- Tidal Grow Agriscience | https://www.tidalgrowag.com/
- Nano-Yield | https://www.nano-yield.com/
- Good Agriculture | https://www.goodagriculture.com
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