Business Model Innovation
ByAuthor janettebarnard20Posted on
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the story behind Walmart & 44 Farms, an unlikely partnership

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Hear the story of Walmart & 44 Farms supply chain partnership directly from the mastermind producer that helped a Walmart CEO map out a path to solve the chronic issues in the retail giant’s most vexing supply chain by reimagining how beef could create higher value from producer to consumer.

You’ve probably read about Walmart and 44 Farms teaming up to create a coordinated beef supply chain but in this Future of Ag podcast episode, you’ll hear the whole story directly from the horse’s mouth. Or rather, the mastermind producer that helped a Walmart CEO map out a path to solve the chronic issues in the retail giant’s most vexing supply chain by reimagining how beef could create higher value from producer to consumer. You’re in for a treat with this podcast, listen here.

Lamar Steiger was actually introduced to me this year by a friend of Prime Future. I’m thankful for every Prime Future reader and the conversations you’ve sparked around the future of animal protein & how we make it happen.

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Blockchain
ByAuthor janettebarnard20Posted on
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Prime Future 96: NFTs have entered the chat.

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“Buy land. They aren’t making any more of it.”

It seems like every farm kid across the entire face of God’s green earth grew up hearing some variation on this idea. Farmland has historically appreciated ~12% annually.

While farmland has been a reliable investment class over time, many would say that’s true of the broader real estate market.

So this tweet caught my eye:

If you’ve never felt older than after reading that tweet, you are not alone.

What non-physical things are ‘young crypto investors’ investing in? The obvious is cryptocurrencies, but there are also DAOs (which we’ve briefly touched on) and NFTs.

“A non-fungible token (NFT) is a non-interchangeable unit of data stored on a blockchain, a form of digital ledger, that can…

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Blockchain Emerging Tech
ByAuthor janettebarnard20Posted on
512
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Prime Future 79: Blockchain…all dressed up but where to go?

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Technology only has a fighting chance in agriculture when it definitively improves producer outcomes🤑 and/or consumer outcomes😃. Tech for the sake of tech is a road to nowhere.

Moreover, I get reeally skeptical when seemingly overnight cult-like obsessions form, as has happened in the second half of 2021 in the tech world with DAOs.

Unpopular opinion: DAOs are just blockchains all dressed up & looking for something to do on a Friday night.

What’s a DAO? Decentralized Autonomous Organizations. (Oh that wasn’t self-explanatory? Weird…)

Constitution DAO is probably the most public example, recently formed to purchase a copy of the US Constitution that was going up for auction. The group raised ~$40M which wasn’t quite enough to snag the prize, so the DAO was dissolved.

One definition of a DAO is, “a group organized around a mission that coordinates through a shared set of rules enforced on a blockchain.” Hmmm. Here’s another perspective:

“Formal definitions are…

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