Ep108: Growth Eats Cash with Shawn Skaggs of Parallel Ag
Release Date: 04/02/2025
The Pacesetter Pod
Show Highlights: Definition of diversification. [02:28] Is diversification always objectively valuable in ag? [03:10] The diversification misnomer in the context of co-ops. [04:29] Perceived vs. real diversification. [08:27] Three critical risks of attempting true diversification. [13:01] What problems do we seek to resolve by diversification? [17:29] The fallacy that diversifying adds member value to co-ops. [21:18] Diversification vs. differentiation in agribusiness. [23:07] Advice to help rethink how to approach diversification. [24:44] If you are interested in connecting with Joe, go to...
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Show Highlights: BulkLoads’ origin story and company overview. [03:31] Opportunities and challenges ag bulk freight creates. [07:39] Service innovation with factoring and TMS solutions. [21:24] Insights on broad appeal and pain points beyond load matching. [26:26] The benefits of digitization in trucking and freight. [28:47] Explore the uses and trends of AI robotics in trucking. [36:20] The future role of load boards as robo-trucks and AI evolve. [39:54] Is there added complexity in ag bulk hauling vs. general freight? [47:12] Check out The BulkLoads Podcast hosted by Jared. [48:45] ...
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Show Highlights: Taking a collective approach to agtech advisory needs. [06:13] The Collective’s service offerings and expertise. [10:37] Core forms of AI in ag with compelling examples. [17:46] Why a digital strategy is essential for every agribusiness. [25:45] Factors hindering AI adoption away from Excel and ERPs. [26:09] How does AI enhance operational efficiencies for farmers, dealers, and agronomists? [32:58] The danger of the “do something with AI” mandate in agribusiness [42:07] How to lead digital and AI adoption with agribusiness goals in mind. [51:22] To contact the AgTech...
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Show Highlights: Understand the centrality of customer retention in M&A success. [00:47] The importance of defining retention goals as explicit data-driven targets. [02:43] How to identify the customers to prioritize in retention strategies. [04:18] Why first-year post-deal retention is not predictive. [05:57] Growth and retention as “both/and” objectives explained with M&A math. [11:49] The value of anchoring retention and growth plans in existing customer realities. [15:21] Three core takeaways to capitalize on the increased M&A activity in ag. [19:28] If you are interested...
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Show Highlights: Learn about Michigan-based AgroLiquid 40+ years strong in crop fertility. [03:15] Why AgroLiquid chose M&A for growth after decades of organic expansion. [05:55] The five-key disciplined framework that led to acquiring Monty’s Plant Food. [06:47] Understand the post-deal realities of integration. [15:28] Is your agribusiness sellable, though you may never sell? [21:07] Explore the seller’s vision and legacy concerns in M&A. [25:15] Advice for M&A target sourcing and first meetings. [27:40] What made Monty’s Plant Food a strategic fit for AgroLiquid? [32:46]...
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Show Highlights: How Compeer Financial positions its identity and impact in agribusiness. [03:40] Multilateral collaboration as an ag innovation accelerator. [07:29] How an abundance mindset, not zero-sum thinking, benefits ag. [12:20] Why long-term rural community development matters for true sustainability in ag. [16:36] Defining a strong organizational culture and articulating its essence as a leader. [27:46] The risks of prioritizing client outcomes over values. [36:44] Upside lessons from a tri-party ag credit banking merger. [40:08] Navigating the current state of uncertainty in ag....
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Show Highlights: Discover the origins and key role of NOPA in oilseeds. [05:04] The latest science vs. sentiment conversation on seed oils in food. [09:01] Are seed oils ultra-processed as the MAHA Commission asserts? [11:12] Why clear policy signals from RVOs and 45Z tax credits are critical. [18:54] How 45Z policy changes will directly benefit domestic farmers and producers. [21:38] Will the 45Z extension revive soybean crush capacity? [25:47] Sunsets, uncertainties and policy shocks behind plant closures in ag. [29:31] Is RVO an artificial demand driver? [33:59] What long-tail risks to...
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Show Highlights: How Tractor Zoom transforms sales and inventory workflow for ag equipment dealers. [04:32] Real-time marketplace visibility and price discovery using AI. [08:07] Tractor Zoom’s origin story and the power of leveraging genuine pain points. [14:26] Why true value comes from workflow integration, not data for data’s sake. [19:49] The importance of dealer–farmer relationships in the equipment value chain. [23:20] Is Tractor Zoom poised to adapt to farm and dealer consolidation? [28:58] Balancing customer-driven innovation with the internal product roadmap. [37:31]...
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Show Highlights: Root + Beta’s niche marketing for John Deere dealer groups and scope of services. [03:35] Emerging trend of cross-border M&As in ag equipment. [07:38] Potential risks to customer retention during M&A branding. [15:43] Why failure to engage staff in the M&A process is a critical PR misstep. [19:57] How to plan and execute external and internal M&A communications. [23:39] Storytelling to create concurrent legacy and prospective customer buy-in. [27:32] Importance of employee training to navigate a reprioritized customer base. [31:02] The power of authenticity...
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Show Highlights: Grain’s global oversupply and the myth of 10 billion mouths to feed. [05:53] Prospects for biofuels amid surplus grain production. [08:08] Post-China grain export market - can we replace lost demand in the aggregate? [10:07] The free trade “hard reboot” and shift from multilateral to bilateral agreements [17:49] Ag market access and protectionism in Japanese rice and Canadian dairy. [27:26] BRICS and de-dollarization is not the competitive threat we need to worry about. [32:15] The inefficiency burden of diversifying U.S. grain exports. [42:37] Preparing for growth...
info_outlineShow Highlights:
- How Parallel Ag benefits from geographic and dealership diversification. [02:33]
- Explore operational complexities introduced by broad distribution. [06:37]
- Discover the origin and growth strategy of Parallel Ag. [09:30]
- What capital and PE partners want from a potential investment in your agribusiness. [16:16]
- Challenges of greenfield expansion vs. acquisition. [22:25]
- The importance of cultural fit for successful M&As beyond financial strategy. [28:11]
- How John Deere and AGCO differ in dealer consolidation. [31:43]
- Mistakes to avoid with expectations and bottlenecks in M&A. [40:29]
- What’s the worst way to ruin a business after buying it? [44:50]
To connect with Shawn Skaggs or to learn more about Parallel Ag, please visit https://parallelag.com/.
If you are interested in connecting with Joe, go to LinkedIn:
https://www.linkedin.com/in/joemosher/, or schedule a call at www.moshercg.com.