USDA Crop Report, Food Price Controls, and Farmer Financial Crisis with Zack Smith
About this episode
An Ag Tribes Report episode with returning guest Zack Smith, the stock-cropper farmer, recorded shortly after a fresh USDA crop report and amid a heated political news cycle. The two open by reacting to the crop report's surprisingly bearish numbers and the market's muted response, reading it as evidence that institutional traders are positioned well ahead of retail farmers. The conversation turns to real financial stress in farm country — commodity prices down, input costs still elevated, and Zack speaking candidly about the specter of farmer suicides as bankers call in loans on operations that no longer pencil. Vance and Zack react to then-candidate Kamala Harris's proposal for federal food price caps, both dismissing it as economically illiterate and historically discredited (citing shortages under past price-control regimes). Zack introduces what he calls the "Peter Thiel paradox" — his belief that ostensibly hyper-competitive commodity markets like row-crop farming are secretly consolidating toward monopoly control by a small number of well-capitalized players (naming Bitcoin's Peter Thiel as emblematic of this quiet-accumulation strategy). The Bitcoin-vs-land segment argues that pricing farmland in Bitcoin rather than dollars reveals currency debasement rather than genuine land appreciation. The episode closes with a worthy adversary segment and a plug for Zack's upcoming Stock Cropper field day in Buffalo Center, Iowa.
“There are farmers who are genuinely scared right now... you hear guys on Twitter half-joking about it, and it's not really a joke. When the bank calls and the number doesn't work, people do desperate things.”
“Kamala Harris floating a food price cap sounds good until you realize price controls don't create supply, they just create shortages and black markets. We've run this experiment before.”
“The Peter Thiel paradox is: the more competitive a market looks on the surface, the more everyone is secretly trying to build a monopoly. Farming looks like the most competitive commodity business in the world, and it's actually one where a handful of players are trying to own everything underneath it.”
Key moments
- USDA crop report reaction — bearish numbers land with a muted market response, read as evidence institutional traders were already positioned ahead of the public release.
- Zack speaks candidly about farmer financial stress and the real risk of farmer suicides as banks call in loans on operations that no longer pencil out.
- Reaction to Kamala Harris's proposed federal food price caps — both hosts argue price controls historically produce shortages, not affordability.
- Zack's "Peter Thiel paradox" — the theory that apparently competitive commodity markets are secretly being consolidated toward monopoly by well-capitalized players.
- Bitcoin-denominated farmland segment — pricing land in BTC instead of dollars shows the dollar losing value, not the land gaining it.
- Plug and preview for the upcoming Stock Cropper field day in Buffalo Center, Iowa.
Notable quotes
“It's not really a joke when the bank calls and the number doesn't work.”
“Everyone is secretly trying to build a monopoly.”
“That's the tell that the dollar is the thing losing value, not the land gaining it.”
Predictions made in this episode
- Political proposals for federal food price caps will fail to control prices and will instead produce shortages, echoing historical price-control failures.
- Date made: 2024-08-16, position ~40%.
- Timeframe: near-term, tied to the 2024 election cycle.
- Parameters: would be falsified if such a policy were enacted and food prices stabilized or fell without supply disruption.
Full transcript
Read the full transcript (word-for-word, with timestamps)
Vance Crowe [00:00:00] The Ag Tribes Report is brought to you by Farm Test, a field trial design, execution, and analysis service that makes it easy to ask your fields which management practices perform best to start your field trials. Visit farmtest.ag and Legacy Interviews, a service that video records individuals and couples telling their life stories so that future generations have the opportunity to know their family history. To learn more, visit Legacy Interviews dot com. Welcome to the Ag Tribes Report, a breakdown of the top stories affecting the culture of agriculture with your host, Vance Crowe. The report begins in 3, 2, 1. Let's begin. Welcome to the Ag Tribes Report. I'm your host, Vance Crowe. Each week I bring a co-host to represent the perspective of one of the many ag tribes that collectively make up US agriculture. This week I am joined by the one and only Zack Smith, the stock cropper farmer who combines raising livestock on crop land, a blending of large scale modern ag with pasture raising animals. Zack Smith, welcome to the Ag Tribes Report.
Zack Smith [00:01:17] Vance Crowe, it's privilege to be here. Thanks for having me on.
Vance Crowe [00:01:21] So today we are going to be covering the news that includes the USDA crop report. We're gonna answer the question, will Kamala Harris cap food prices and our farmer suicides on the rise? Then we'll get to hear Zach's Peter Thiel paradox where we find out what is something he believes that almost nobody knows, agrees with him on. And we will also hear about who his worthy adversary is. So let's jump into the headlines straightaway from agriculture.com. They were reporting that the USDA increases 2024 corn production and demand and lowers ending stocks. The average trade expectations for corn and soybean yields respectively was 183.1 bushels per acre and 53.2 bushels per acre. This seems pretty high, but Zach, what in the hell does this report even mean and why does it have everybody in ag worked up?
Zack Smith [00:02:19] Well, it's a big deal. It's some of the biggest numbers that we've printed for projected yields, especially on soybeans. I know, I think that was the record high. And so our demand, especially for soybeans and exports, is really in the cropper. And so it set the stage for rough times on the farm when it comes to commodity prices. I looked here this afternoon, my local elevator in Scarville, Iowa is paying $3 and 60 cents a bushel for corn and 9 0 3 today for new crop beans. And that's not good because the crop that we've got growing in the field right now, you know, here across the corn belt's, the most expensive crop in history that farmers put in. And you know, farmers, I, you know, we were coming off the, the price plateaus of the last three or four years, you know, kind of fueled by drought and, you know, war in Ukraine that kind of helped keep things up. And this year it finally rained and so we've got a, we've got a ton of crop coming to market and demand, not gonna keep up with it. And so we're looking at, you know, probably some pretty heavy losses for people that weren't able to forward market ahead. And that's why, you know, conversations I'm having with buddies and friends, you know, locally and around the country is a lot of concern for what's, what's ahead for, you know, financial future here.
Vance Crowe [00:03:41] When I started the Ag Tribes Report, I took a look around and said, hey, there's a lot of people out there talking about prices of commodities and I know that's a, it's a business, so you got it, talk about it to some degree. But week in and week out, this has been the big story. Is it a slow moving storm? Is this just telling everybody what they already knew and confirming it is, is anything potential change? Are we gonna be talking about this for the next 8, 9, 10 weeks maybe longer?
Zack Smith [00:04:08] Yeah, I think so. I mean I, you know, so one thing that makes it hard to swallow, especially in my neck of the woods, the Northwestern corn belt, Northwestern Iowa, Southern Minnesota, Eastern South Dakota, into into North Dakota a little bit, you know, we've had a terrible year. It's been, you know, ter we had 20, 20 to 25, 30 inches of rain between planning and 4th of July. So we've kind of, you know, been concerned from a production standpoint, you know, for a long time. But everywhere else that I've been, I've traveled out to Illinois, I've been in Nebraska driving across Iowa for the most part, the crop looks fantastic and I think most people knew that. And, but they got caught with their pants down because we kind of thought we were always promised of this June rally that we get made a June rally, you know, that's the best time to sell. And we never really got it. And so people still had old crop corn left over that they had marketed and now a new crop that's uncommitted and there's a lot of people that are, you know, it's going to be an uncomfortable conversation when they go in to see their lender. And you look at the, the falling price, the, you know, the falling value of commodities they had in their cash flows. And as well as, you know, especially machinery values. I mean, I've really noticed in the last couple weeks stuff has been really starting to, to fall off and that impacts everything going into 2025.
Vance Crowe [00:05:22] Yeah, I remember maybe a summer or two ago when I was talking with a grain bin company and they were saying, we are building more grain bins than we ever have before. There's more storage in the United States than there's ever been. And back then it didn't cross my mind that by having more storage, you could potentially have guys holding back. They're, they're not having to put it in an elevator and rent that space from a grain elevator. So they put it in there and say, well, I'm gonna wait till prices go up. Not expecting that prices could continue to go down, down, down and then have what are, you know, in some places record yields.
Zack Smith [00:05:57] Yeah, yeah, a hundred percent. I actually, there are some people, because they've got enough storage now that they're talking about actually holding over their old crop and not liquidating here at the, at the bottom and in our neck of the woods, we're gonna have grain quality issues with how uneven our fields are from the, the wet spring and summer we've had. And so folks, some folks are talking about maybe just hauling the crappy quality stuff in and keeping the good quality corn over from last year to try to manage things that way.
Vance Crowe [00:06:24] Well, and before we move on, there's something to note and that is that we've gotten not just the bumper crops that we're seeing, but even the soybean record was just recently broken for how many bushels per acre? What do you know about the soybean record being broken?
Zack Smith [00:06:41] Yeah, I've known this guy, I think he broke it last year too at, I think he was a little over, or maybe it was 2 0 6. And he guy, I think he's from Georgia, his name's Alex something or another. And I think he broke two 18 this last week, which is absolutely phenomenal. You know, you know, the reality is is that it's gonna be a long time before we have to worry about 218 bushel beans or 626 bushel corn being the, the norm. You know, those things are interesting and it's amazing, like those guys are geniuses and they're, you know, they're, it's awesome what they achieve, but it's a, it was interesting in that article, he even, he was talking with his super high production, you know, levels of, of what he's growing. He was worried about his own break even. 'cause he's spending, you know, I think he had like four fungicide trips, you know, so that could be a hundred dollars an acre right there just in fungicide that he put in. So they put in a lot to get to get to that. And you know, they're obviously not, you know, it was a two and a half acre block that I think that yield came off of. So it wasn't like he had that across 10,000 acres or something. So, but still a hell of an achievement. That tip of the hat,
Vance Crowe [00:07:49] You, you gotta give it to 'em. They also have a little bit of a benefit in Georgia, one of the Monsanto scientists I was good friends with back in the day told me in Georgia, they got so much sand in their ground, which allows them to just water the absolute bejesus outta that soy, which allows it to grow without getting flooded out. Alright, enough about big booming amounts of crops we should turn now to the Washington Post, which said Kamala Harris is going to propose a ban on price gouging for food and groceries. Apparently her campaign released a memo saying on Friday they are going to put out a, a proposal ban on price gouging at grocery stores and overall on the food industries. Now we don't know anything about this and I always try and get to the original source material, but apparently the Harris campaign, they're not posting this on their website, they must have only sent this out to major media, but they're all talking about it. What do you think happens to farmers, Zach, if the government starts interfering and putting caps on how much a grocery store can charge for food?
Zack Smith [00:08:52] I, to me it's, this is kind of a, a nothing burger personally, you know, the, the farmer's share of the grocery bill is I think 15 cents on the dollar and it's, it's going down, I think the, some of the data that I, I looked at preparing for this. So when I look at this story, to me this is probably just, you know, the fact there's no details or any like, real policy in the background. I think they need to do something to show that they're, they're being proactive about inflation and, and food. The food bill is something you can't go without. You can't cut food. So going to the grocery store, you're, you're a captive audience there. To me, if they were really serious about doing this and it's just not food, right? Ever since COVID I, you know, it's, it's, it was kind of this excuse in the background for corporations to, you know, just raise prices. So the food industry, it is, it's just not that problem. It's every, everyone, you know, got greedy and corporate profits were, were through the roof. So my opinion on this, and I've had it for a long time, is that if, if we're really interested in, you know, controlling the corporate greed we have so little competition, you know, even in the major grocers that are across the country now, the consolidation that's happened with them is, is really disturbing. And you know, there's just a, a couple major players left in the food industry that are, you know, making a lot of this stuff at the top levels. And so for me, unless we're gonna bust up something like Citizens United where, you know, corporations are people and they can buy politicians to, to, to keep this stuff intact, you know, it, there's not much that I'm gonna be able to do about it. And, and you know, I'm not growing stuff that goes through a grocery store.
Zack Smith [00:10:25] I'm growing corn for ethanol primarily and soybeans for oil and, you know, hog feed, you know, with soybean meal. That's where my stuff is going. Eventually some of those byproducts end up in food. But, you know, this is not, not a big deal to me anyway.
Vance Crowe [00:10:42] To me, even just getting involved in the Ag Tribes Report has opened my eyes. You know, one thing is I can go to the grocery store now and see the very clear runup on the price of things like eggs. But it was last week when I was talking with Dwayne Faber to, to realize that hey, the government actually does have a hand in what the price of dairy products are through the way that they, you know, make the producer of the cheese or milk back to the dairy farmer. They, they influence how much money has to go back there in a whole convoluted price. There's certainly a lot of regulation that goes into the price of our food. And if you think about things like meat and meat processing, the, the incredibly onerous regulations make it so you can't have new entrance to the market and you only have these big, big conglomerates. And unless you get rid of that, I, I don't, you know, the, the price is what the price is. 'cause there's very little competition.
Zack Smith [00:11:40] Yeah. We have to break this stuff up. It's, anything else is just nonsense in, in my opinion. And I, so a shameless plug that I would put out, if you're interested in this, I would suggest people go watch the film that we were in with our story with Stock Cropper Food Inc. Too, which talks specifically a lot about the consolidation and a lot of the issues and the, the amount of control the food industry has over, over all the stuff that we've just got done talking about. And it is streaming free now if you have a subscription of Hulu or Disney Plus. So I'd throw that shameless plug in there.
Vance Crowe [00:12:16] Well I think it's, it's something has to be done and I think, you know, the biggest thing is that people go to the grocery store and if they don't understand economics then it's very easy to blame the people that they think, oh you must be making huge profits because your price of eggs per dozen was two 50 last week and now it's 3 25 or three 50 and you know, you're not paying that much more. So it clearly you Robert Baron grocery stores are are doing, you know, wrong here when the reality, it's the value of the US dollar continues to march downward. Yeah. And what you can buy with it gets less.
Zack Smith [00:12:51] Right. You know, and I, the other thing I would say to this is that, you know, like I'm, you know, I have the stock cropper, but I'm producing a very small amount of animals off this experimental, you know, setup that I have. But if I was, you know, there, but if you are somebody that, if you care about this, you know, as a consumer is, you know, I would suggest people just deal with, you know, people as directly as possible. If you're concerned about the, the greed and the food, there's a lot of people that would love to sell, you know, meat directly or you know their produce. And so reach out and work directly with other human beings or get in the, you know, in the, in the business of growing stuff yourself. Which, you know, that's one of the things that we're interested at promoting with what we're developing with stock cropper. So
Vance Crowe [00:13:37] Yeah. And when we get to the end, we're gonna talk about the big field day that you have going on. And I think it's an exciting thing for people to get together 'cause this is a way to create that kind of food sovereignty you talk about. But alright, to continue moving on, we're gonna go to the third and final news story of the day. This has been a huge discussion on x it came up this morning, I'm sure it's going on in other circles I didn't see even before it, but our farmer suicides on the rise due to depressed prices and increased costs. I know this morning I woke up and I saw that Angie Setzer, the Goddess of Grain quote, tweeted the a AG turbo Brazil, who's a contractor, he does consulting about ag stuff and he says, kind of in shock this morning with updates from my brother in northwest Minnesota, unless I'm misreading things here. There have been six suicides in northwest Minnesota and eastern North Dakota in the last two weeks. This includes people from 22 years old to 60 years old. So Zach, what are you hearing our farmer suicides going on in your circles and is it larger than just the average population?
Zack Smith [00:14:48] You know, I so recently, like in my local circle, we haven't had much, you know, for, for suicides. But I think, you know, with what I talked about earlier with the pressure that's gonna be coming down on folks that we haven't had, you know, really in about three or four years, at least in our locality, that I'm kind of my tribe of what I'm speaking of. You know, it, it hasn't been much of an issue, but I, you know, I I really am concerned. I, you know, personally, like I actually have some friends that I'm worried about that are in pretty deep and under a lot of pressure as far as, you know, the rate of suicides, you know, being higher in, in, in farm communities are not, I don't know, you know, what, what that actual data is, but I do know that the risk in our communities will be going up with the economic conditions that we're likely in for, for the next couple years with supply and demand and way things are shaping up and just how the, it's a brutal business and you know, unless there's gonna be some huge bailout, there's gonna be pain and more consolidation. So
Vance Crowe [00:15:51] Yeah, I so I'm glad you brought up the numbers. This has been something that I've thought about for quite a few years. I remember when I was at Monsanto there were a lot of groups popping up saying, Hey, we gotta do more for the health of farmers, their mental health. And this is a big problem. And I went to look at the numbers and I know it's a controversial thing to say any suicide, any time somebody takes their life, it's a, it's a bad deal. But the talk that it is so much higher in ag is not obvious to me. I think that's something that keeps getting repeated. I went to look up the statistics and it's, it is a little bit more difficult. I can say the statistics are very clear for groups of people like veterinarians. These people are leading really isolated lives. I think they're happen to see a lot of death. And so maybe by extension that's going on with veterinarians. But one thing I wanted to bring up with this conversation about farmer suicides is one thing research does show pretty clearly is that people that hear more about suicide and hear about things like suicide hotlines, it can have the opposite of effect. It can actually prompt people to have more suicidal ideation. It can say, sometimes say, oh, I didn't realize that other people took this option. Maybe this is the an option for me. And, and this is something you can do a public health study where you run inner interventions in a few counties and then you'd find some counties that look just like it and you don't run those interventions.
Vance Crowe [00:17:23] And it turns out in the places where you run interventions, particularly for teens and you tell them, Hey, this is a suicide hotline, it has a tendency to bring some of those numbers up. So I don't know, what do you do in a situation where the more you try and help, it may be leading to more problems?
Zack Smith [00:17:40] Yeah, IIII guess I'll hear that. I guess the thing I would say to it is, you know, the thing I'm focusing on, I don't really really care what the data says one way or the other. I'm gonna focus on reaching out to people and making an effort to be kind and probably more sensitive than what I've been in the past. Because you never know what people are going through, you know, in this business. And when you're dealing with a lot of things outside of your control, specifically, like in our neck of the woods, the weather has just been unrelenting this summer and I actually sit kind of on the fringe of that area. It's much worse north and west of me, you know, the pressure of that and you've got low commodity prices on top of it. And you know, say if you've been in the livestock business, the last, especially hogs the last couple years, that's been brutal. You know, you, you put on top of that family pressures and keeping up with the Joneses and your brother works in the city and you know, they've got a lake house and, and six cars and everything nice. And you're trying to keep up. Like it's, it's a lot that weighs on folks. So I think, you know, regardless of, of, you know, some of the stuff you said, I just, I would just encourage people to be good to each other in these tough times. And ag Twitter especially can be a shitty place and you know, I, I think reaching out, having phone conversations, you know, I, I try to make a habit of doing that, especially with those that I'm, I'm worried about, but I'm, especially this fall in the combine, I'm gonna be a lot more proactive about doing that just to make sure everyone's okay.
Zack Smith [00:19:17] And, you know, sometimes that makes, that can make a huge difference just getting a phone call, let you know where somebody knows, Hey, you matter to me, you know, and I want you to, I want you to know that. So
Vance Crowe [00:19:30] Yeah, I couldn't agree more. I think that imagining that the public health interventions that are gonna do a lot of good are not good enough and that the reality is it's only you picking up the phone and calling somebody that you know is going through a rough time. It's spending time with people. I found a very interesting article while doing research for this in the neuropsychiatric disease and treatment. It said one of the biggest interventions that has worked is helping wives to start better conversations with their husbands. And this ranged from all different ages when they were starting to empower the wives to, to ask questions, to get their husbands to open up. That made a huge difference. I have to imagine friend to friend, this is gonna make a big deal. So it's, it's, it really comes down not to some public health intervention, but to the individuals. Any last words on that,
Zack Smith [00:20:20] Jack? You know? Yeah, and the other thing I would add is, you know, one thing that's that, that is rampant in this, in this business, especially in the culture of agriculture is, you know, substance abuse, alcohol especially, you know, where that's, and that, that's been my coping mechanism for forever. And you know, but you get into situations like this that isn't good. I've personally tried to cut back substantially on that this summer and I feel a million times better inter you know, integrate more exercise and you know, I, I think that's hard to tell somebody to do, especially when they're down. But it's incredible how much better your day goes. And I know in talking with you, you know, you've had kind of a similar experience this summer and just spreading that positivity to other people and you know, it's because that's, that's a powerful thing and that's actually being productive with it rather than destructive. So
Vance Crowe [00:21:13] Absolutely, I totally agree. Finding a way to get off substances allows you to have a more restful night of sleep. You wake up the next day and you wouldn't believe how much better things can get when, when you wake up the next day. I wanna say thank you to the goddess of Grain for bringing this up. Her message was, Hey, things are gonna get better a year from now. You, you, you're not even gonna remember how tough this was. And I think she's got a good message there. If you have any news that you think we should be covering, go ahead and send it to me on X at Vance Crowe or email meVance@vancecrow.com. I always put together a list and I'm always looking for more stories. Now on to the Bitcoin land price report. Now we're going to start reporting the land prices of our co-hosts and making sure people understand just how much this would cost in Bitcoin. So to begin, Zach, you're in Winnebago County, Iowa. What are, what is land going for there right now?
Zack Smith [00:22:04] Yeah, so the last land sale was I think about a month ago and it wasn't, it was a pretty small parcel that I recall and not that great. It sold for about 10,600 I think. And in the last year the high that we've had was 18,600 last, about a year ago right now, about this time, that's kinda the range. So if I had to put average now, like what value is probably 13, $14,000 an acre if I had to guess for good farmland.
Vance Crowe [00:22:33] Yeah, so I was looking it up, it's in the low was about 10,600 for kinda lower quality and then 15,000 for higher quality. So that means the range per acre is between 0.18 Bitcoin per acre or 0.25 Bitcoin per acre, which is just absolutely staggering. If you had a quarter of a Bitcoin, you could buy one great high quality acre in Winnebago County, Iowa. How does that sit with you Zach?
Zack Smith [00:23:01] Well, you know, I guess I've got a con, you know, probably something that's not very popular right now in this climate that we're going into with the way things look, I'd rather own Bitcoin than land. You know, when I land values are finally starting to fall and you're trying to get a a, an actual, you know, economic return off of 15 or $20,000 an acre ground with 360 corn, 9 0 3 beans, not a great thing. And then if we're not going to do things to change stuff for the future, I, you know, I know land is always supposed to go up, but there's definitely been periods where there's pullbacks and when I look at the money printers turning on here soon and you know, all of the financial powers that be that have been lining up behind Bitcoin over the last six months since the ETF's come out, if I'm a owner of hard assets right now, I'm a Bitcoin man.
Vance Crowe [00:23:56] Well, you know, I love hearing that Bitcoin is for enemies because the best thing about it is even if you're enemies love Bitcoin, if you have it then it makes your Bitcoin go up. It's not a, the same kind of competition. The earlier you get in, the better it is for you. Alright, enough with the Bitcoin land price report. Moving on to the Peter Thiel paradox, this is where I invite our guest to tell us about some opinion that they hold that almost nobody in their tribe agrees with them on. So Zach, what is your Peter Thiel paradox?
Zack Smith [00:24:29] This has been more of like a pet peeve that's been brewing for some time, but it's like farm show season coming up. And one of the things that drives me wild is the people that grow food for the world is when you go to these things, how no one walks anymore. Like everyone brings a golf cart on a trailer or a ranger and they pay extra to drive themselves around to look at $1.2 million combines. And I noticed this, I went with a guy about six or eight years ago and he insisted on riding in a golf cart and I'm like, I don't want to do that. I don't want to appear that apathetic that I can't walk my ass across a, a farm show. And he got mad because I wouldn't get in the golf cart with him. But like I can't hardly stand going to these things anymore personally. And that's one of the biggest reasons is that, you know, when you look at, and this is, this sounds critical after the suicide talk, but I'm just gonna say it like we do not look good as a population as farmers and the fact that you show up to a thing celebrating the people that grow the food, it doesn't say a lot when we can't, we're, we're overweight enough or we're not healthy enough where we can stand for walking around, you know, whatever the parcel size is there for, for a day, it is just a bad look. It's not healthy, it's, I don't know, I can't imagine, you know what, the international guests that come to the Farm Progress show or things like that, think when they see us, you know, trotting around and it's not like I get, there's people that are handicapped and like have actual issues, but there's like 15-year-old kids and like abled body, 30 year olds riding around on a golf cart instead of walking.
Zack Smith [00:26:10] So just a challenge if you're going to Farm Progress, leave the shit at home and just walk and enjoy the day, drink some water.
Vance Crowe [00:26:21] Well this is an unexpected one. It's hilarious that it'll probably really piss some people off. But overall I imagine there's quite a few people that agree with you that more should be walking. I'm gonna give you a seven one on your, on your Peter Thiel paradox. Alright, now onto the Worthy Adversaries, this is where I ask our guest to spotlight an individual that challenges his perspective and keeps him out of algorithmic echo chambers. So Zach, who is a worthy adversary for you out there on social media?
Zack Smith [00:26:50] So the guy that I would point out goes by the, and he's, this guy's pretty infamous over the last 15 years. He goes by the handle the Mizzou tiger and he has been a really controversial figure that has been on Ag talk. He's been kicked off, I think he was on successful farmings chat forums and then now he's, he's on x and he's a really smart guy. Like I read a lot of his tweets and it's obvious that, that he has a lot of good things to offer, but he really got under my skin when he, you know, and this is something that he's done consistently. This guy doesn't have a name. So he's, he's just a nameless moniker on Twitter, but he went after our mutual good friend Jason Mauck here in the last couple weeks and really was pretty brutal to Jason with some of, you know, going after making comments about his family and you know, how he's a, you know, a daddy's rich kid and this guy doesn't know shit about Jason's story or what Jason's gone through in the last year and a half. And so the thing I would say is, and I'm not trying to necessarily pick on on Mizzou farmer, but there's a lot of people on on X that don't have their names in their profile and they talk shit out their ass all the time. And when we're going into times like this, you know, if you want to talk and be that way, that's fine, but put your name and your picture up and you know, don't say things on X to people like that unless you're willing to say it standing three feet from from them. That's kind of the rule that, and I know I put a lot of stuff that probably pushes people's buttons, but I'd never tweet anything I wouldn't say to somebody's face.
Zack Smith [00:28:25] And so, Mizzou tiger, if you're watching this, just be a man, put your name on and anybody else just own your identity and be decent on this stuff. That's it.
Vance Crowe [00:28:38] Wow, okay. I had no idea who that was in the context. So this is interesting. We will put the, the him on the show notes and then we'll also add him. I have a list of worthy adversaries out on X and it turns out when I go to do news stories, even as much as there, a lot of the people that are get put on this list are people that great on our guests. It ends up they have a lot of interesting news to talk about. So thank you Zach for taking this seriously. And that is going to wrap us up for this week's Ag Tribes Report. Before we go and before we talk about our sponsors, you Zach, have a big field day coming up here on August 24th. Why don't you tell everybody why is it that you host a field day and what are people gonna get if they come?
Zack Smith [00:29:26] Yeah, so we started the stock cropper in 2020 because we were trying to find a way when commodity prices were in the sewer to, to raise our, our revenue shifts without having to spend more money. So that's really at the core of what we do is about. And if you're feeling like you're up against the, the ropes right now and you want to come be around some people that think completely outside of the box in ways that, you know, this idea that we call farming weird, that we've unlocked a lot of ways to build value without spending more money on your farm, you're gonna look different than your neighbor's doing it. But if you're interested in that stuff, invite you to come to our, to our farm, there's gonna be a ton of great folks that are innovative thinkers outside of the box that you're gonna be able to see the different experiments. You're gonna see our cluster CLU work and the debut of our new cluster clu pico, lots of different plot experiments with different crop spacing to show plant expression in ways that you can, like I said, you know, raise your ships of revenue without spending a lot more money. I'd love to have you come, everyone is welcome and RSVP to us in the link here that Vance will have on the, in the description. So,
Vance Crowe [00:30:37] Well, one thing I wanna say is I, I was just so surprised at, at who came because it's not all farmers, sometimes it's people that are outside of ag that just find it interesting. Some of the people were there with their phones saying, Hey, let me show you what I did last year was the first time I'd ever tried something. And I think what is so amazing about your field day and, and Jason Mos for for that matter matter is it changes people, it gives them a community, it gives them a way to try something new and that's why I'm gonna make the whatever it is, eight hour trek up to Buffalo Center, Iowa, I'll be there next Saturday and I'm really excited to do it. So good luck. We'll put the link in the show notes and I know that if people are looking for your, your Eventbrite, so they can RSVP, they can also find, find it on your Twitter. Alright, I wanna say thank you to our sponsors Legacy Interviews and Farm Test. Ag Farm test of course is the service that allows you to run scientifically verifiable tests on your fields to find out if that fungicide, that insecticide, that nitrogen or the seeds you planted are really producing the sort of results that you expect them on your land. So you can be freed from using what the marketers are telling you and really find out for you. That's farm test.ag and also Legacy Interviews where we record you, your loved ones telling their life stories so that future generations have the opportunity to know their family history. Alright, next week I am going to be doing this show live from the Farm for Profit podcast studio and Tanner Winterhof is gonna be my cohost.
Vance Crowe [00:32:17] So we're gonna do that. I'm gonna do it on my trip up to see Zach's Field Day. I'm really excited about that and so we're gonna let you go for now, but I want to as always, feel free to disagree.
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