
The Vance Crowe Podcast VCP: Farm Management and Rural Appraisal in our chaotic age
Nov 26, 2025
Dennis Raymond, a veteran farm manager and rural appraiser with Stalcup Ag Service, shares his extensive experience in farm management and appraisals. He discusses the risks of taxing absentee landowners, highlights the importance of tracking fertilizer costs, and explains how appraisers navigate market fluctuations. Dennis emphasizes the need for interpersonal skills in the industry and the role of AI as a supportive tool, not a replacement. He also predicts a shift towards fractional farming operations and offers insights on fostering strong client relationships.
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Farm Manager Is A Professional Business Agent
- Dennis Raymond describes a farm manager as a professional business agent who handles planning, reporting, and accounting for landowners.
- He says farm managers do everything for owners except drive the tractor, reframing the role beyond rent collection.
Don’t Use Absentee Taxes To Control Rent
- Avoid taxing absentee landowners as a way to lower rents because owners will likely raise rents to offset higher taxes.
- Dennis warns higher taxes on nonresidents would be complex, likely illegal, and politically explosive.
Use Fertilizer-as-Percent-Of-Gross Ratios
- Track fertilizer (N, P, K) cost as a percent of expected gross and target keeping it under about 20%.
- If fertilizer costs fall below ~15%, consider opportunistic extra applications as a strategic buy.
