Articulate Ventures

Preserving Farmland; John Larson talks about local food during Coronavirus | Vance Crowe Podcast

March 28, 2020 · The Vance Crowe Podcast

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About this episode

John Larson of the American Farmland Trust joins Vance to explain how conservation easements let farmers sell off future development rights while keeping land in agriculture in perpetuity, a mechanism Vance frames as an "ingenious" free-market answer to a tragedy-of-the-commons problem. The pandemic backdrop (empty grocery shelves, collapsed restaurant demand for direct-market farmers) becomes the occasion for Vance's own admission that his years inside Monsanto had blinded him to the value of smaller, diversified, local supply chains — a genuine reversal of a strongly held professional belief. Larson describes AFT's new Farmer Relief Fund (400+ farmers signed up within two days of launch) aimed at direct-market producers who lost restaurant sales overnight, and the conversation closes on Vance's standard "where will the world be in two weeks" question, which Larson answers through the personal lens of his daughter's wedding plans colliding with quarantine orders.

“I have had a major oversight in my life over the last five to six years, which is, I went from being a guy that was super suspicious of Monsanto to then getting involved in Monsanto and seeing... this is the beauty and the power, and really the majesty of large scale agriculture, isn't this amazing, let's go big, big, big, efficiency go go go. And then something like this happens and you realize, oh shit, you've gotta have both sides of this.”
“Let's hope that Overton window is broken wide open and we make that happen more directly.”
“What does that do to the price of the land when it can only be used for that future?... It's at thin farm value... many places have an ability to do purchase at ag value.”

Key moments

Notable quotes

“I went from being a guy that was super suspicious of Monsanto to then getting involved in Monsanto and seeing this is the beauty and the power... and then something like this happens and you realize, oh shit, you've gotta have both sides of this.”
“We just launched this the day before yesterday... we have over 400 farmers that have signed up.”
“I have a really good friend who's lost family and a next door neighbor to this virus.”

Predictions made in this episode

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