In this live episode recorded at an ASFMRA conference, Vance sit down with veteran farm manager and rural appraiser Dennis Raymond of Stalcup Ag Service to bridge two audiences: an in-room crowd steeped in modern agriculture and a wider listenership curious about how farmland is owned, managed, and valued. Dennis shares a career’s worth of perspective—from juggling farm management, appraisals, and sales in northwest Iowa to navigating today’s volatile costs, interest-rate swings, and the “heartstring” realities of legacy properties. We unpack why proposals to tax absentee landowners miss the mark, how to think in ratios like fertilizer cost as a percentage of expected gross, why land markets move with lagged fundamentals (and sometimes jump on interest-rate shocks), and how appraisers handle sentiment, comps, and variability beyond simple CSR points.
We also dig into generational transitions, changing lease structures, the talent pipeline for banking and professional services in rural America, and where AI might streamline (but not replace) nuanced human judgment in appraisal and client relationships. Dennis offers guidance for new professionals, argues for people-first skills alongside agronomy and numbers, and looks ahead to a more fractionalized operating landscape with more custom work. We close with advice for the ASFMRA’s next chapter and where listeners can learn more about entering farm management and rural appraisal.
Thank you to The American Society of Farm Managers and Rural Appraisers (ASFMRA) and Farmers National Company for sponsoring this episode.
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