15 Jul Future of Agriculture 003: Farm Economies of Scale with Lon Frahm of Frahm Farmland Inc
How does a 30,000 acre farm operate with just 9 employees?
Lon Frahm shares with Tim how he has grown his row crop operation to over 30,000 acres, and how he uses economies of scale such as self-insuring and storing his own grain, to develop advantages over other farmers.
Lon has a very impressive story. He took over his family’s farm upon his father’s death when he was just 28 years old. He has lead the operation to tremendous growth over the past 30 years and has experiences very little employee turnover.
Lon knows the value in keeping good people on the team, learning quicker than your competition, and networking with peers in the industry.
Whether you are a farmer, in agribusiness, or not in any related field, there are still some business gems in this episode.
Learn more about Frahm Farmland at http://www.frahmfarmland.com
Visit http://www.AgGrad.com to connect to careers and employers in agriculture.
Reach out to Tim on Twitter @timhammerich.