Black Swans, Gray Rhino & Roller Coaster Farm Economics with Dr. David Kohl

Wednesday, February 26, 2025

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Black Swans, Gray Rhino & Roller Coaster Farm Economics with Dr. David Kohl

*Note - This week, we're re-airing a standout episode from February 2024. As we've reflected on it many times recently, we’ve noticed that many of the insights Dr. Kohl shared are even more relevant today, a year later. Given the current economic volatility in agriculture, we're excited to revisit this conversation and share Dr. Kohl’s wise and reassuring perspective once again.

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In this week’s episode, Tracy sits down with Dr. David Kohl, renowned agricultural economist, to discuss the current state of farm economics in a world full of uncertainty. Titled “Black Swans, Gray Rhinos & Roller-Coaster Farm Economics,” this conversation delves deep into the opportunities, challenges, and strategies that agriculture producers need to be aware of in today’s volatile market.

What You’ll Learn:

1. Roller-Coaster Economics:
Dr. Kohl explains how agriculture is currently navigating a period of unpredictable economic cycles. Producers need to understand what this means for their operations and how they can prepare for the ups and downs ahead.

2. Significant Opportunities for Producers:
Dr. Kohl identifies the most pressing opportunities in agriculture right now. From technological innovations to shifting market dynamics, find out where smart producers can capitalize and grow in the face of uncertainty.

3. The Biggest Threats to Agriculture:
With agriculture facing rapid changes, Dr. Kohl shares his bird’s-eye view of the greatest threats to the industry. What should producers be most concerned about in the coming years, and how can they plan for what’s ahead?

4. Black Swan vs. Gray Rhino Events:
You’ve likely heard of Black Swan events, but what about Gray Rhino events? Dr. Kohl provides insight into the potential impact of both disruptive forces. Learn how to identify these events and what steps you can take to prepare for them before they arrive.

5. Common Mistakes Producers Are Making:
Dr. Kohl also shares some of the most common mistakes he sees among producers today. Are you falling into these traps? Tune in to learn how to avoid them and make smarter decisions in your business.

6. Strengthening Your Farm Operation:
As volatility becomes the new norm, Dr. Kohl offers actionable advice on how to future-proof your farming operation. Discover the strategies that will help make your business more resilient and adaptable to change.

7. Lightning Round with Dr. Kohl:
Get to know Dr. Kohl better in a fun and fast-paced lightning round! From his top book recommendations to the best life advice he’s received, this is a lighter segment filled with inspiration and wisdom.


Given the current economic volatility in agriculture, we're excited to revisit this conversation and share Dr. Kohl’s wise insights for navigating economic uncertainty.

Listen now and equip yourself for the future of farming!

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Thank You to our Show Sponsor

Here at The Impact Farming Show, our goal is to bring our audience the people and ideas that will IMPACT their farming operation. We couldn't do it without the continued support of our sponsors that are committed to supporting our show and our shared vision of helping farmers succeed.

Please take a moment to check out this week's show sponsor: KWS Seeds Canada 

Seeding the future – since 1856



Learn more about KWS Seeds Canada:


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 Show Guest


Dr. David Kohl
Academic Hall of Famer in the College of Agriculture at Virginia Tech

Dr. Kohl is a retired Professor Emeritus of Agricultural Finance and Small Business Management and Entrepreneurship at Virginia Tech, Blacksburg, VA. He taught in the Agricultural and Applied Economics Department for 25 years.

Dr. Kohl currently energizes agricultural lenders, producers, and business people with his keen insight into the agricultural industry gained through extensive travel, research, and exposure during his career. He has traveled over 9 million miles in his career; conducted more than 6,000 workshops and seminars for agricultural audiences; published more than 2,100 articles; writes for leading publications; and has been inducted into the Virginia Tech College of Agriculture and Life Sciences Hall of Fame. Dr. Kohl’s personal involvement with agriculture and interaction with key industry players provide a unique perspective into future trends of the agricultural industry and economy.

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* Disclaimer - As always, this information is not intended to provide business or medical advice. To ensure that your own circumstances have been properly considered and that action is taken based on the latest information available, you should obtain professional advice from qualified business or medical professionals before acting on any of the information in this post.
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The Impact Farming Show

Welcome to Impact Farming, Farm Marketer's video and audio show dedicated to helping Canadian farmers excel in the business of farming. Our goal with this show is to introduce our audience to the people and ideas that are going to make an IMPACT on their farming operation. 

Show Host - Tracy Brunet
CEO of Farm Marketer 

Tracy and her husband are cattle ranchers in South East, Manitoba. As host of the show, primary producer and agvocate, Tracy is passionate about helping farmers succeed in the business of farming. 

In each episode, Tracy chats with today's most successful farm advisors and industry leaders to bring our audience the best and most important ideas. 

Connect with Tracy Brunet - Twitter / Facebook / Instagram / Linked in

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