WEBVTT

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Creeping across the pasture land. Got dirt on

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the boots and a working hand. From the milk house

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home to the auction call. These are the folks

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standing strong and tall. Yeah, this is... Welcome

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back to the Bullvine Podcast, the place where

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we get real stories from the people shaping the

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dairy industry. It's good to be back. Today.

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Today, we're sharing a story that, honestly,

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it just stopped me in my tracks. We usually sit

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here and we talk about the gains, right? We talk

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about genetic progress. We talk about yield increases,

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all the latest tech that's going to squeeze another

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margin point out of the operation. Right. We

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focus on the wins. Out. On the forward motion.

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Exactly. But today. Today we're talking about

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a loss, and I don't mean a bad harvest or a drop

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in the milk check. No, this is different. This

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is a missed opportunity, so massive, so astronomical,

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that it actually has a specific dollar sign attached

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to it. And it is not a number we usually see

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in this industry. Not even close. When we looked

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at the sources for this deep dive, the number

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that jumped out wasn't in the millions. It was

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in the billions. Twenty? Two. Billion. It's a

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number that's hard to even wrap your head around.

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It really is. And I want to set the stage here

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because this isn't just about money. It's about

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people. This topic, it hits close to home. It

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does. You know, we spend so much time on this

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show talking about the cows, the crops, the iron.

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But this conversation, this is the kind that

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makes you look at your own kitchen table. It

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makes you look at who is sitting there, who is

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talking, and maybe more importantly, who isn't

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talking. It makes you wonder if you're making

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a mistake right now, today, that you won't even

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realize for another 20 years. We're digging into

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what the researchers call the succession gap.

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But that sounds a bit academic, doesn't it? It

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does. It sounds like a textbook chapter. What

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we're really talking about is a story about who

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we think are farmers and who we actually train

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to be owners. Right. And to understand the stakes,

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we have to start with the $22 billion woman.

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The woman who should have been a dairy farmer.

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Her name is Diane Hendricks. Now, if you follow

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business news at all, you might know her. She

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is currently the richest self -made woman in

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America. Richest self -made? She's worth over

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$20 billion. She owns a company called ABC Supply.

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Which? for anyone who hasn't built a barn lately,

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is the largest roofing and siding distributor

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in North America. It's massive. Yeah, if you've

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put a roof on a house or a shed in the last 10

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years, there's a really good chance Diane Hendricks

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moved those shingles for you. So she is a titan.

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Logistics, supply chain, massive workforce management.

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She's a genius at cost control. But here is the

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hook. Here is the part that just keeps me up

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at night. Diane Hendricks grew up on a dairy

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farm in Osseo, Wisconsin. Population 1 ,800.

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You can't get more heartland dairy than that.

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Exactly. She was one of nine daughters. A classic,

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chaotic, wonderful Wisconsin farm family. Nine

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daughters. Wow. And when you read her interviews,

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she doesn't sound bitter about the lifestyle.

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She speaks really warmly about it. She loved

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the cows, the chickens, the dogs, the cats. She

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loved the land. But she isn't in dairy today.

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She's in roofing. Because despite... Growing

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up on that farm, despite living that life every

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single day, she wasn't allowed to milk the cows.

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She wasn't allowed to drive the tractors. And

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that right there, that is the critical constraint.

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That's the whole story in a nutshell. For the

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result, she took that legendary dairy farm work

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ethic, which we all know is real. I mean, it

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is the best business school in the world. Oh,

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absolutely. And she applied it to roofing instead.

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She built an empire, but she didn't build it

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in agriculture. And that raises a massive question

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for everyone listening. How many other Diane

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Hendricks types are currently sitting in farmhouses

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right now? That's the question, isn't it? It

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is. How many young women are sitting there, you

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know, incredibly capable, brilliant with numbers,

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disciplined, gritty, maybe even better at reading

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a cow than their brothers. But they're being

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quietly. maybe even unintentionally pushed out

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of the industry. It's haunting. And before we

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go further, I want to be really clear. We are

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not just talking about fairness here. This is

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not just a social justice conversation. No, this

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is cold, hard economics. This is about business

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retention. Exactly. Dairy taught Diane Hendricks

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the discipline. It taught her the cost control.

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It gave her that foundation. And then the industry

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essentially watched that return on investment

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walk straight out the lane and down the road

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to a completely different sector. If you are

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a business owner and every single farmer listening

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is a business owner, you have to ask yourself,

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can I afford to let my best talent walk away

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just because of tradition? It's a huge question.

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Let's go back to the beginning of her story,

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though, because I think it's important to understand

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the nuance here. OK. I think it's easy to paint

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the father. in this story as the villain. You

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know, the mean old patriarch who just didn't

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think girls were good enough. The stereotype.

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But looking at the source material, that doesn't

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really seem to be the case, does it? No. And

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I think that's where the farmer translator moment

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comes in. We have to translate what was actually

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happening in Oseo in the 1950s and 60s. Right.

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Diane's father had a strict rule. Leave the heavy

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stuff to your brother. Leave the heavy stuff

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to your brother. That's a direct quote. It is.

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Now, to a modern ear, that sounds discriminatory.

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It sounds like he's saying you're weak or you're

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not capable. It does. But knowing that generation

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and knowing the brutal reality of farming back

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then, I honestly don't think it was coming from

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malice. I think it was coming from love. Love.

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How do you get that? Protection. He looked at

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the grind. He looked at the manure, the frozen

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fingers in a Wisconsin winter, the back -breaking

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labor of lifting milk cans day in and day out.

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And he said, I don't want my little girls to

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have to suffer through this. He thought he was

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giving them a gift. He thought he was protecting

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them by keeping them out of the barn. That is

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a tragic kind of irony. It is because the unintended

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consequence is that by protecting them from the

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grind, he was actually excluding them from the

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future. He was raising them as labor or maybe

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help, but not as leadership. Not as owners. Not

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as owners. He was training a helper, not a successor.

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And Diane felt that. At 10 years old. 10. She

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made a promise to herself. She watched her parents

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working themselves to the bone and she said,

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I don't want to be a farmer and I don't want

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to marry a farmer. Oof. That hits hard. At 10

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years old. It does. And when you really probe

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the emotion behind that decision, it wasn't that

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she hated the work. It wasn't that she hated

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the farm. It was that the farm signaled she didn't

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belong in the driver's seat. The farm was a place

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where she was always going to be second string.

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And if you aren't allowed to play the game, Why

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would you want to stay in the stadium? You wouldn't.

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Exactly. If you're never given the ball, eventually

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you stop showing up to practice. She went and

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found a game where she could be the captain.

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And she won that game to the tune of $22 billion.

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She certainly did. But I'm going to play devil's

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advocate here for a second. Go for it. Because

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I know there are people listening on their tractors

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right now thinking, okay, that's one story. That's

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one woman who became a billionaire. But generally

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speaking, maybe daughters just don't want to

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farm. Maybe it's biology. Maybe it's just...

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The supply side argument. Yeah. I'd love to pass

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the farm to my daughter, but, you know, she wants

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to be a nurse. I hear it all the time. So is

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it true? Well, this is where we shift from storytelling

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to the hard data. And the data, it's pretty sobering.

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We have research here from Iowa State University,

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Keeney Lou, Wending Zhang, and their team. They

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did the 2019 Iowa farm transfer survey. And they

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basically anticipated that exact objection. So

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they controlled for wanting it. They controlled

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for experience. They looked at kids who were

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actually there on the farm doing the work, showing

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up every day. Okay. So let's look at the numbers.

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What did they find? They looked at farms that

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have already named a successor. So the decision

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is made. The ink is dry. Right. First, the headline

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number. 57 % chose a son. 57. Okay. Only 8 %

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chose a daughter. 57 to 8. That's a chasm. That's

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not a gap. It's a chasm. But here's the part

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that completely dismantles the she doesn't want

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it argument. The researchers dug deeper and looked

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at the probability of being chosen based on actual

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hands -on experience. Okay, so this is where

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it gets interesting. This is where it gets infuriating.

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A daughter with agricultural experience, so she

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is there, she knows the farm, she's put in the

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hours, she can do the work, has a 20 .7 % chance

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of being chosen as the successor. One in five.

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Even if she's qualified and present. One in five.

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Now let's look at the sons. A son without agricultural

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experience, maybe he's been off at college, maybe

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he's been working in the city, has shown zero

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interest. What do you think his odds are? Well,

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logically, if we're running a business, an inexperienced

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candidate should have a lower chance than an

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experienced one. So, I don't know, 10%, maybe

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15? Wait, 36 .3 %? Wait, say that again. 36 .3%.

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Let me process that. A son who does not know

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the daily operation has nearly double the chance

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of inheriting the farm compared to a daughter

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who does. Right. Wow. And if you look at a son

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with experience, his odds jump to 65 .2%. That

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is... That actually makes me angry. Same parents,

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same cows, same parlor, almost triple the odds

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for an inexperienced son compared to an experienced

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daughter. It's indefensible from a business perspective.

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It should make you angry. It forces us to look

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in the mirror. It means we are not running a

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meritocracy. We like to say we are. We like to

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say, I hire the best person for the job. But

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these numbers say we are hiring the gender, not

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the resume. The authors of the study, they point

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explicitly to cultural norms of gender roles.

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It's hard to admit. It's uncomfortable. But we

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often train one kid like an owner, and we train

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the other like a helper. So how does this happen?

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Because I refuse to believe that farmers are

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sitting down at the kitchen table with a spreadsheet

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and saying, well, she's a girl, so check that

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box. She's out. It's not that explicit, is it?

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No, it's almost never a formal meeting. It's

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what you could call the messy middle. It happens

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in the silence. It happens in the assumptions.

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We call it the thousand small choices. Walk me

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through that. What does that look like? Okay,

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picture a Saturday morning on the farm. You're

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14 years old. The stock trailer needs to be backed

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up to the chute. Who does dad throw the keys

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to? The son, usually. Right. Who gets pulled

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into the meeting with the banker when the operating

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line of credit is being renewed? A son. Who is

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sitting there listening to the nutritionist talk

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about ration balancing and ingredient costs while

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the daughters may be inside helping mom with

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lunch or out washing the bulk tank. She's doing

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chores. He's getting briefed. Exactly. And then

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there's the language we use. It's so subtle.

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Who hears the question, so what are your plans

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for the farm? Versus the statement. You can do

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anything you want with your life. That's a huge

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difference. What are your plans implies you are

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staying. What are we going to do? Whereas you

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can do anything implies go find your success

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somewhere else. We support you. Precisely. It's

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a push out the door disguised as encouragement.

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The Iowa researchers actually identified four

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specific forces. Let's call them the four forces

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that drive this exclusion. And again, these are

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practical realities, not malicious plots. Okay,

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let's untack them. What's the first one? The

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first is what they call the better farm, better

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son effect. Okay, what does that mean? The research

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shows that stronger farms, farms with more equity,

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more land, a higher dollar value, are significantly

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more likely to pick sons. Why would that be?

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You'd think a more sophisticated, more valuable

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business would want the absolute best CEO, regardless

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of gender. You would think. But it's actually

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about risk aversion. When you have a massive

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asset, a multimillion dollar legacy that took

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generations to build, the conservative instinct

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kicks in. Parents default to the traditional

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model to protect that asset. It's a heuristic.

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It's a mental shortcut. If we give it to the

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son, that's the standard path. It feels safe.

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If we give it to the daughter. That feels like

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a deviation. That feels like a risk. So the more

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successful the farm, the harder the glass ceiling

00:13:05.590 --> 00:13:08.610
is to break. That's depressing. It is. The second

00:13:08.610 --> 00:13:11.090
force is one I know every farmer listening struggles

00:13:11.090 --> 00:13:13.370
with, or at least thinks about. It's the surname

00:13:13.370 --> 00:13:16.350
concern. Oh, the mailbox? Yeah. The name on the

00:13:16.350 --> 00:13:20.789
mailbox. The mailbox. It's the worry about giving

00:13:20.789 --> 00:13:24.230
the farm away from our name. If a daughter marries,

00:13:24.289 --> 00:13:27.529
traditionally she changes her name. Parents worry

00:13:27.529 --> 00:13:30.990
the farm leaves the family name, that the legacy

00:13:30.990 --> 00:13:33.309
is broken. But legally, that's just nonsense.

00:13:33.529 --> 00:13:36.250
Completely. Modern LLCs, corporations, trusts,

00:13:36.330 --> 00:13:38.350
the legal entity doesn't care what your last

00:13:38.350 --> 00:13:40.490
name is. The milk check clears the same way.

00:13:40.590 --> 00:13:43.450
Right. But the emotional barrier, that's concrete.

00:13:43.789 --> 00:13:46.690
The ego of the previous generation wants to see

00:13:46.690 --> 00:13:48.429
their name on the side of the truck for another

00:13:48.429 --> 00:13:51.169
30 years. It's vanity over viability. In many

00:13:51.169 --> 00:13:54.190
cases, yeah. That's what it boils down to. What's

00:13:54.190 --> 00:13:56.710
the third force? This one's called sibling competition

00:13:56.710 --> 00:13:59.389
asymmetry. That sounds like a mouthful. Break

00:13:59.389 --> 00:14:01.629
that down. It basically means the playing field

00:14:01.629 --> 00:14:04.409
is tilted from the start. In families with only

00:14:04.409 --> 00:14:07.230
sons, nine out of ten times, a son gets the farm.

00:14:07.309 --> 00:14:09.529
It's almost automatic. Okay. But if there's a

00:14:09.529 --> 00:14:12.750
mix, if there are sons and daughters, the daughter's

00:14:12.750 --> 00:14:16.070
odds of being chosen just drop off a cliff. So

00:14:16.070 --> 00:14:17.690
she's not just competing, she's competing against

00:14:17.690 --> 00:14:20.669
the default. Exactly. She isn't just proving

00:14:20.669 --> 00:14:23.830
she is capable. She has to prove she is significantly

00:14:23.830 --> 00:14:27.750
more capable than the default option, who is

00:14:27.750 --> 00:14:29.809
her brother. She has to be twice as good to get

00:14:29.809 --> 00:14:32.350
half the consideration. That's a good way to

00:14:32.350 --> 00:14:35.269
put it. And the fourth force might be the most

00:14:35.269 --> 00:14:37.090
heartbreaking. They call it the validation gap.

00:14:37.309 --> 00:14:41.169
Explain that one. Sons often just assume they're

00:14:41.169 --> 00:14:43.049
the heir. They grow up thinking this will be

00:14:43.049 --> 00:14:46.029
mine one day. It's an unspoken entitlement. It's

00:14:46.029 --> 00:14:48.440
in the heir. Right. daughters on the other hand

00:14:48.440 --> 00:14:51.980
they need to be explicitly told they need to

00:14:51.980 --> 00:14:55.840
actually hear the words you could run this place

00:14:55.840 --> 00:14:58.100
and if they don't hear those words they assume

00:14:58.100 --> 00:15:00.220
they can't they assume they aren't wanted in

00:15:00.220 --> 00:15:02.240
that role they read the silence as a rejection

00:15:02.240 --> 00:15:05.860
that is that's heavy but you know i want to pause

00:15:05.860 --> 00:15:07.919
here and flip the coin for a second okay because

00:15:07.919 --> 00:15:09.379
you mentioned something in the pre -show that

00:15:09.379 --> 00:15:11.679
really stuck with me you said this whole system

00:15:11.679 --> 00:15:14.340
it actually hurts the sons too It absolutely

00:15:14.340 --> 00:15:16.779
does. We focus so much on the daughters being

00:15:16.779 --> 00:15:19.519
left out, but we forget about the sons being

00:15:19.519 --> 00:15:23.100
trapped. Trapped? How so? Well, think about it.

00:15:23.159 --> 00:15:25.779
When you limit the successor pool to just the

00:15:25.779 --> 00:15:29.419
sons, those boys don't always feel chosen. They

00:15:29.419 --> 00:15:32.480
feel drafted. Like it's military conscription.

00:15:32.580 --> 00:15:35.159
That's a powerful word. Drafted. Imagine stepping

00:15:35.159 --> 00:15:38.080
into a multi -million dollar asset. Knowing your

00:15:38.080 --> 00:15:40.379
name is on that debt note. Knowing the legacy

00:15:40.379 --> 00:15:43.120
of three generations is squarely on your shoulders.

00:15:43.799 --> 00:15:45.860
And feeling like you never actually had a choice

00:15:45.860 --> 00:15:48.960
in the matter. You were just the only boy. Or

00:15:48.960 --> 00:15:52.159
the oldest boy. That is a crushing, crushing

00:15:52.159 --> 00:15:55.460
burden. I've seen that. The burnout. The resentment

00:15:55.460 --> 00:15:58.259
that builds up over the years. It leads to farms

00:15:58.259 --> 00:16:00.700
failing, not because of bad cows or bad weather,

00:16:00.779 --> 00:16:02.519
but because the person running it never actually

00:16:02.519 --> 00:16:04.580
wanted the job. They just felt obligated to take

00:16:04.580 --> 00:16:07.159
it. Right. By widening the pool to include daughters,

00:16:07.399 --> 00:16:10.379
you are actually liberating the sons to choose

00:16:10.379 --> 00:16:13.480
freely as well. You want a successor who wants

00:16:13.480 --> 00:16:16.179
it, not one who feels sentenced to it. So we

00:16:16.179 --> 00:16:18.799
have the problem. We have the data. We have the

00:16:18.799 --> 00:16:21.179
emotional toll on both sides of the gender line.

00:16:21.399 --> 00:16:23.799
But we aren't here just to admire the problem.

00:16:24.039 --> 00:16:26.960
Right. We want to fix it. How do we stop the

00:16:26.960 --> 00:16:29.120
next Diane Hendricks from walking away? It comes

00:16:29.120 --> 00:16:31.720
down to one fundamental shift. And if you're

00:16:31.720 --> 00:16:33.480
listening to this while you're scraping the barn,

00:16:33.580 --> 00:16:36.820
turn up the volume. This is the key. Okay. You

00:16:36.820 --> 00:16:38.460
have to understand the difference between chores

00:16:38.460 --> 00:16:41.620
and decisions. Break that down. Chores versus

00:16:41.620 --> 00:16:45.519
decisions. You touched on it earlier. Diane Hendricks

00:16:45.519 --> 00:16:47.419
might have done chores. She might have fed calves,

00:16:47.580 --> 00:16:50.360
swept the alley, washed the pipeline. That is

00:16:50.360 --> 00:16:53.830
helping. That is labor. It's a task. It's a task.

00:16:53.950 --> 00:16:56.350
To create a successor, you have to hand over

00:16:56.350 --> 00:16:58.309
responsibility. You have to hand over decisions,

00:16:58.610 --> 00:17:01.750
real ones, with real consequences. So go feed

00:17:01.750 --> 00:17:03.970
the calves is a chore. Right. Go feed the calves

00:17:03.970 --> 00:17:07.349
is a task. A robot can do a task. An employee

00:17:07.349 --> 00:17:10.630
can do a task. A decision is, here's our calf

00:17:10.630 --> 00:17:12.930
mortality rate. It's too high. Here's our feed

00:17:12.930 --> 00:17:15.609
budget for the next quarter. I want you to figure

00:17:15.609 --> 00:17:17.910
out why we are losing calves and tell me what

00:17:17.910 --> 00:17:19.750
we need to change. That's a completely different

00:17:19.750 --> 00:17:21.910
level of engagement. That is ownership. That

00:17:21.910 --> 00:17:24.170
is a problem to solve, not just a job to do.

00:17:24.329 --> 00:17:27.349
I love that framing. But let's get specific because

00:17:27.349 --> 00:17:29.630
ownership can sound a little vague. Give me a

00:17:29.630 --> 00:17:31.569
real world example. Let's talk about genetics.

00:17:31.809 --> 00:17:34.529
That's usually dad's domain, right? He sits with

00:17:34.529 --> 00:17:37.150
the AI rep, drinks coffee, flips through the

00:17:37.150 --> 00:17:40.089
sire directory, picks the bowls. Exactly. And

00:17:40.089 --> 00:17:42.349
usually, if the daughter is involved at all,

00:17:42.410 --> 00:17:44.549
she's doing the data entry. She's the secretary

00:17:44.549 --> 00:17:46.829
putting the registrations into the computer.

00:17:47.109 --> 00:17:49.470
So how do we change that? You hand her the proofs.

00:17:49.970 --> 00:17:53.329
You give her the budget. And you say, we need

00:17:53.329 --> 00:17:55.690
to lower our somatic cell count and boost our

00:17:55.690 --> 00:17:58.470
protein components to hit the new premium on

00:17:58.470 --> 00:18:01.150
the milk check. I want you to pick the mating

00:18:01.150 --> 00:18:03.650
sires for the next 50 heifers. And then you leave

00:18:03.650 --> 00:18:05.890
the room. And this is the hard part. You leave

00:18:05.890 --> 00:18:08.470
the room. You let her wrestle with the tradeoffs.

00:18:09.009 --> 00:18:13.430
Net merit versus TPI. Calving ease versus frame

00:18:13.430 --> 00:18:15.549
size. She has to weigh those variables. What

00:18:15.549 --> 00:18:17.940
if she messes up? That's the most important part.

00:18:18.000 --> 00:18:19.440
If she picks a bull, you wouldn't have chosen.

00:18:20.460 --> 00:18:22.279
You have to let her use it. You have to let her

00:18:22.279 --> 00:18:24.240
make the mistake. That's scary. That's real money

00:18:24.240 --> 00:18:26.940
on the line. It is. But think about the ROI on

00:18:26.940 --> 00:18:28.740
that mistake. If she picks a bull and two years

00:18:28.740 --> 00:18:31.079
later those heifers hit the parlor and they have

00:18:31.079 --> 00:18:33.380
bad udders or they're hard to breed, she learns

00:18:33.380 --> 00:18:35.960
a lesson that no lecture could ever teach her.

00:18:36.240 --> 00:18:39.839
She owns that failure. But if they hit the parlor

00:18:39.839 --> 00:18:43.259
and they are out milking your best cows, She

00:18:43.259 --> 00:18:46.460
owns that success. That is how you build a Diane

00:18:46.460 --> 00:18:48.460
Hendricks. That's how you build an owner. It's

00:18:48.460 --> 00:18:52.279
about moving from how do I do this to why are

00:18:52.279 --> 00:18:54.880
we doing this? That's it. Exactly. Let's look

00:18:54.880 --> 00:18:57.940
at another area. Financials. We see it all the

00:18:57.940 --> 00:19:00.099
time. Dad decides to build a new heifer barn

00:19:00.099 --> 00:19:03.099
and the kids just show up to pour concrete. They

00:19:03.099 --> 00:19:05.660
are labor. They just do the work. They don't

00:19:05.660 --> 00:19:08.259
see the planning. Instead, try this. Throw the

00:19:08.259 --> 00:19:11.720
project at your daughter. We have $200 ,000 for

00:19:11.720 --> 00:19:14.640
a retrofit. I want you to get three quotes on

00:19:14.640 --> 00:19:17.200
ventilation. I want you to model the energy usage

00:19:17.200 --> 00:19:19.440
of the variable speed fans versus the standard

00:19:19.440 --> 00:19:22.299
ones. I want you to calculate the payback period.

00:19:22.519 --> 00:19:25.299
Wow. And then I want you to come present your

00:19:25.299 --> 00:19:27.759
recommendation to me and the banker. You're putting

00:19:27.759 --> 00:19:29.420
her in the hot seat. You're treating her like

00:19:29.420 --> 00:19:31.700
a partner. You are validating her intellect.

00:19:31.779 --> 00:19:34.420
You are saying, I trust your brain, not just

00:19:34.420 --> 00:19:36.420
your back. No, I have to bring up the elephant

00:19:36.420 --> 00:19:38.279
in the room. I know where you're going with this.

00:19:38.670 --> 00:19:40.349
Because every time I have this conversation with

00:19:40.349 --> 00:19:42.349
older farmers, they eventually say, Yeah, but

00:19:42.349 --> 00:19:44.990
Sarah, farming is physical. It's still hard work.

00:19:45.190 --> 00:19:47.869
My daughter weighs 120 pounds. She can't throw

00:19:47.869 --> 00:19:50.569
hay bales like her brother. She can't wrestle

00:19:50.569 --> 00:19:54.890
a 1 ,500 -pound cow. And 20, 30 years ago, that

00:19:54.890 --> 00:19:58.410
argument had some weight. It did. Farming was

00:19:58.410 --> 00:20:01.430
incredibly physical. It was brute force. But

00:20:01.430 --> 00:20:04.789
today... Today, that argument is dead. And you

00:20:04.789 --> 00:20:08.160
know who killed it? The robots. Technology. Technology.

00:20:08.900 --> 00:20:12.420
Robotics are the great equalizer. We saw a 2016

00:20:12.420 --> 00:20:15.819
Swedish study that showed farmers using robotic

00:20:15.819 --> 00:20:18.799
milking systems reported significantly fewer

00:20:18.799 --> 00:20:21.700
shoulder and back issues. Why? The machine is

00:20:21.700 --> 00:20:23.359
doing the heavy lifting. The robot is doing the

00:20:23.359 --> 00:20:25.180
heavy lifting. The robot is doing the repetitive

00:20:25.180 --> 00:20:27.319
strain work three times a day, every day. So

00:20:27.319 --> 00:20:29.700
the job itself changes from muscle to management.

00:20:29.960 --> 00:20:32.059
Exactly. Right. Robots don't care about gender.

00:20:32.119 --> 00:20:33.900
They don't care how much you can bench press.

00:20:34.099 --> 00:20:36.299
They care about data management. They care about

00:20:36.299 --> 00:20:38.660
consistency. They care about attention to detail.

00:20:38.859 --> 00:20:41.279
We've covered this at the Bullvine before. The

00:20:41.279 --> 00:20:44.079
robotic systems that push the most milk per worker

00:20:44.079 --> 00:20:46.640
are the ones where the management is absolutely

00:20:46.640 --> 00:20:49.619
dialed in. Right. It's about reading the graphs

00:20:49.619 --> 00:20:52.099
on the computer. It's about noticing that Cal

00:20:52.099 --> 00:20:56.299
412 is ruminating 10 % less today and figuring

00:20:56.299 --> 00:20:58.759
out why. It's about preventative maintenance

00:20:58.759 --> 00:21:01.930
schedules. And frankly, those are skills where

00:21:01.930 --> 00:21:04.829
daughters often excel just as much, if not more,

00:21:04.990 --> 00:21:07.970
than sons. We have a great example of this from

00:21:07.970 --> 00:21:11.069
a Dairy Farmers of Canada profile. Alicia, a

00:21:11.069 --> 00:21:13.789
farmer from Saskatchewan. Yes, Alicia is a perfect

00:21:13.789 --> 00:21:16.509
example. She manages the robots and all the herd

00:21:16.509 --> 00:21:19.269
data. Her husband focuses on the crops and the

00:21:19.269 --> 00:21:22.130
field work. She isn't a helper on the dairy side.

00:21:22.450 --> 00:21:24.789
She is the expert on the most critical asset

00:21:24.789 --> 00:21:27.210
on the farm, the cows and the milking system.

00:21:27.309 --> 00:21:29.900
She is an equal partner. An equal partner. Because

00:21:29.900 --> 00:21:32.160
the technology allowed her to leverage her brain

00:21:32.160 --> 00:21:34.299
over her brawn. And looking internationally,

00:21:34.599 --> 00:21:36.759
we have Connie Lind from Denmark. That's another

00:21:36.759 --> 00:21:39.039
great story. Connie is fantastic. She didn't

00:21:39.039 --> 00:21:40.839
wait around for the home farm. She realized she

00:21:40.839 --> 00:21:42.519
might not get picked, so she went out and bought

00:21:42.519 --> 00:21:44.660
her own farm. She became the Young Farmer of

00:21:44.660 --> 00:21:47.420
the Year. Wow. She wasn't a helper. She was in

00:21:47.420 --> 00:21:50.420
charge. And eventually, she went on to manage

00:21:50.420 --> 00:21:53.460
a massive investor -owned operation. She proved

00:21:53.460 --> 00:21:55.779
that competence has absolutely nothing to do

00:21:55.779 --> 00:21:58.150
with gender. I think that is so important. Sometimes

00:21:58.150 --> 00:22:00.109
you have to build your own door if the one at

00:22:00.109 --> 00:22:02.130
home is locked. But for the parents listening,

00:22:02.369 --> 00:22:04.349
you don't want your daughter to have to go build

00:22:04.349 --> 00:22:07.809
her own door at ABC Supply or at another farm

00:22:07.809 --> 00:22:09.849
down the road. You want that talent at home.

00:22:09.990 --> 00:22:12.329
You need that talent at home. Which brings us

00:22:12.329 --> 00:22:14.549
to the ripple effect. Why does this matter for

00:22:14.549 --> 00:22:17.450
the industry at large right now? The economic

00:22:17.450 --> 00:22:20.960
reality is harsh. We all know it. The USDA census

00:22:20.960 --> 00:22:25.779
from 2017 to 2022 shows a 39 % drop in U .S.

00:22:25.799 --> 00:22:30.259
farms with milk sales. 39%. Nearly 16 ,000 dairies

00:22:30.259 --> 00:22:33.339
gone. Just vanished in five years. Consolidation

00:22:33.339 --> 00:22:35.200
is accelerating. The herds are getting bigger.

00:22:35.339 --> 00:22:37.039
The margins are getting tighter and tighter.

00:22:37.299 --> 00:22:38.940
And in that environment, you cannot afford to

00:22:38.940 --> 00:22:40.859
have mediocre management. You cannot afford to

00:22:40.859 --> 00:22:42.539
have someone running the show who doesn't want

00:22:42.539 --> 00:22:46.460
to be there. You need the absolute best possible

00:22:46.460 --> 00:22:49.980
person in that driver's seat. And yet. We see

00:22:49.980 --> 00:22:52.940
a bright spot in the data. Female producers are

00:22:52.940 --> 00:22:56.700
up 26%. Yeah. They now make up 36 % of all producers

00:22:56.700 --> 00:22:59.519
in the U .S. So women are stepping up, despite

00:22:59.519 --> 00:23:01.200
all the barriers we've been talking about. They

00:23:01.200 --> 00:23:05.039
are. They are. And Farm Credit Canada and FAO

00:23:05.039 --> 00:23:08.700
data suggests that closing this gender gap fully,

00:23:08.859 --> 00:23:12.900
utilizing this incredible talent pool, adds billions

00:23:12.900 --> 00:23:15.119
and billions of dollars to the economic output.

00:23:15.579 --> 00:23:18.279
It's not small change. From a pure risk management

00:23:18.279 --> 00:23:20.920
perspective. This is how I explain it to bankers

00:23:20.920 --> 00:23:24.039
and consultants. If you limit your successor

00:23:24.039 --> 00:23:27.019
pool to just your sons, you are fundamentally

00:23:27.019 --> 00:23:30.240
increasing your business risk. It's that simple.

00:23:30.359 --> 00:23:32.319
How so? You have fewer options. You have less

00:23:32.319 --> 00:23:35.259
flexibility. If your chosen son decides halfway

00:23:35.259 --> 00:23:36.960
through his 20s that he wants to be a graphic

00:23:36.960 --> 00:23:38.660
designer in the city, or if he gets injured,

00:23:38.779 --> 00:23:41.349
or if he's just not good at management. You are

00:23:41.349 --> 00:23:43.549
stuck. You're in a terrible position. You have

00:23:43.549 --> 00:23:45.690
put all your eggs in one basket. Whereas if you've

00:23:45.690 --> 00:23:47.349
developed your daughters as well. You have a

00:23:47.349 --> 00:23:50.190
bench. You have depth. You have depth. You can

00:23:50.190 --> 00:23:53.509
pick the best athlete for the position. Legacy

00:23:53.509 --> 00:23:55.670
decisions based on the surname on the mailbox

00:23:55.670 --> 00:24:00.230
are a gamble on the farm's survival. Prioritizing

00:24:00.230 --> 00:24:02.910
the competence of the manager is an investment

00:24:02.910 --> 00:24:05.630
in that survival. That is a powerful way to frame

00:24:05.630 --> 00:24:07.690
it. It's not about feelings. It's about survival.

00:24:08.089 --> 00:24:11.599
And there's one more layer here. The grandchildren

00:24:11.599 --> 00:24:14.700
factor. Tell me about that. You change the pattern

00:24:14.700 --> 00:24:16.880
now, and you change what the next generation

00:24:16.880 --> 00:24:20.720
sees as possible. If your grandkids grow up seeing

00:24:20.720 --> 00:24:23.279
Aunt Sarah running the robots and making the

00:24:23.279 --> 00:24:25.640
financial calls with the banker, they have a

00:24:25.640 --> 00:24:27.400
completely different worldview than if they only

00:24:27.400 --> 00:24:29.980
see Uncle Mike doing it. It normalizes it. It

00:24:29.980 --> 00:24:32.259
normalizes it. You aren't just fixing this one

00:24:32.259 --> 00:24:34.599
transition. You are setting the stage for the

00:24:34.599 --> 00:24:37.400
next 50 years of your farm's success. That is

00:24:37.400 --> 00:24:40.319
the long game. Farming is always, always about

00:24:40.319 --> 00:24:42.880
the long game. All right. We have covered a lot

00:24:42.880 --> 00:24:44.819
of ground. We've talked about the billionaire

00:24:44.819 --> 00:24:47.460
roofer, the depressing data, the subtle ways

00:24:47.460 --> 00:24:49.279
exclusion happens, and the high -tech solutions.

00:24:49.559 --> 00:24:51.200
But I want to bring this right down to the ground

00:24:51.200 --> 00:24:53.559
level. Let's do it. Imagine someone is listening

00:24:53.559 --> 00:24:56.079
to this on their tractor right now. The engine

00:24:56.079 --> 00:24:58.000
is humming. They're thinking about their own

00:24:58.000 --> 00:25:00.980
kids, their own family. What is the one thing

00:25:00.980 --> 00:25:03.460
from the story they should sit with? What is

00:25:03.460 --> 00:25:05.720
the practical takeaway? I would give them a little

00:25:05.720 --> 00:25:08.460
piece of homework. I'd call it the decision test.

00:25:08.660 --> 00:25:10.900
The decision test. Okay. Yes. And it's based

00:25:10.900 --> 00:25:13.700
on that core idea. You don't create successors

00:25:13.700 --> 00:25:16.099
with chores. You create them with decisions.

00:25:16.180 --> 00:25:19.279
Right. So here is the immediate homework. Tonight,

00:25:19.420 --> 00:25:22.119
when you get in the house, take a notepad, a

00:25:22.119 --> 00:25:25.119
real piece of paper, and write down each of your

00:25:25.119 --> 00:25:27.740
children's names. Okay. Every child. Every single

00:25:27.740 --> 00:25:30.460
one. And next to their name, write down what

00:25:30.460 --> 00:25:33.089
they own. not what they help with, not helps

00:25:33.089 --> 00:25:35.849
with harvest or feeds the calves. What decisions

00:25:35.849 --> 00:25:38.109
are theirs and theirs alone to make? What part

00:25:38.109 --> 00:25:40.230
of the business do they truly own? And if that

00:25:40.230 --> 00:25:43.029
list is blank next to your daughter's name, if

00:25:43.029 --> 00:25:45.230
a daughter's list is just labor and paperwork

00:25:45.230 --> 00:25:47.670
and not spending real money or choosing genetics

00:25:47.670 --> 00:25:50.509
or managing people, then you have to look at

00:25:50.509 --> 00:25:53.049
that paper and admit the truth to yourself. You

00:25:53.049 --> 00:25:55.269
aren't training a successor. You are training

00:25:55.269 --> 00:25:58.430
a very loyal employee. That is a hard look in

00:25:58.430 --> 00:26:00.990
the mirror. It is. But once you see it, You can

00:26:00.990 --> 00:26:03.569
start to fix it. And the second part of the homework

00:26:03.569 --> 00:26:05.950
is the conversation. You have to have the validation

00:26:05.950 --> 00:26:07.750
talk. What does that sound like? What are the

00:26:07.750 --> 00:26:10.589
words? It sounds like this. Yeah. You could run

00:26:10.589 --> 00:26:12.589
this place if you wanted to. Just that simple.

00:26:12.769 --> 00:26:15.309
Just that simple. Say it out loud. Tell your

00:26:15.309 --> 00:26:18.430
daughter explicitly, even if she's 25 and working

00:26:18.430 --> 00:26:21.230
as a nurse in the city, even if she is 15 and

00:26:21.230 --> 00:26:23.410
still in high school, you have the capability

00:26:23.410 --> 00:26:26.650
to run this business. And then just be quiet

00:26:26.650 --> 00:26:29.490
and see what happens. Watch her eyes. You might

00:26:29.490 --> 00:26:31.130
be shocked to find that she has been waiting

00:26:31.130 --> 00:26:34.470
her entire life to hear someone give her permission

00:26:34.470 --> 00:26:37.569
to even dream about it. That is powerful advice.

00:26:37.930 --> 00:26:40.369
It's about opening a door that she might not

00:26:40.369 --> 00:26:42.890
even know is there for her. Exactly. We started

00:26:42.890 --> 00:26:45.589
with Diane Hendricks. She built a $22 billion

00:26:45.589 --> 00:26:48.710
empire because she had an ownership mindset.

00:26:48.789 --> 00:26:51.950
She did. And she proved that a dairy farm upbringing

00:26:51.950 --> 00:26:55.049
is the best business school in the world. It

00:26:55.049 --> 00:26:58.289
teaches you grit, cost control, everything. It

00:26:58.289 --> 00:27:00.910
really is. But don't let that mindset walk off

00:27:00.910 --> 00:27:03.660
your farm just because of tradition. Don't let

00:27:03.660 --> 00:27:08.119
the next $20 billion CEO leave your laneway because

00:27:08.119 --> 00:27:10.940
she wasn't allowed to drive the tractor. Keep

00:27:10.940 --> 00:27:14.779
that talent home. Use it. Your farm's future

00:27:14.779 --> 00:27:17.779
will be better for it. That is a challenge worth

00:27:17.779 --> 00:27:19.740
taking. That's another story from the Bullvine

00:27:19.740 --> 00:27:22.140
Podcast. These are the people building the future

00:27:22.140 --> 00:27:24.839
of dairy. And remember, the future looks different

00:27:24.839 --> 00:27:27.059
than the past. And that's a very good thing.

00:27:27.319 --> 00:27:30.900
Find more at www .thebullvine .com. Subscribe

00:27:30.900 --> 00:27:33.200
so you don't miss the next profile. We'll see

00:27:33.200 --> 00:27:34.519
you next time. Stay safe out there.
