David Widmar is an agricultural economist specializing in agricultural trends and the farm economy. Through his research, he supports agribusinesses and farmers in their strategic and planning efforts. David is the Managing Partner of Agricultural Economic Insights, AEI.ag, which he co-founded with Dr. Brent Gloy in 2014. Prior to AEI, David was a researcher with the Department of Agricultural Economics at Purdue University and served as the economist for the Kansas Department of Agriculture. I highly recommend you subscribe to AEI’s content and go check out their podcast, AEI.ag Presents. I especially recommend their season on the 1980s farm crisis.
In today’s episode, David and I discuss farmland values, the impact of higher interest rates, how to think about risk, and how to manage volatility in things like markets and inflation.