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We are at an interesting moment in the dairy sector. For years, smaller farmers with around 200 cows, who were also great graziers, could undercut the costs of large concentrated dairy operations, keeping costs low, taking healthy margins in good years, and surviving the bad ones. But something has changed: CAFO dairies have grown bigger and bigger (10,000 cows is now normal, and 100,000 is no longer an exception) and their economies of scale mean they are undercutting the grazers. Of course, this leads to massive manure lagoons, animal welfare disasters, and all kinds of other externalities, but nobody is paying for that yet. Not to mention that you can only push biology so far before it literally breaks. So what’s next for regenerative grazing? Joe Tomandl, 4th generation dairy farmer, founder and director of the Dairy Grazing Alliance, argues instead for focusing on the transition of mid-size farms with 300– 700 cows that have surrounding land which could be grazed but currently isn’t. You need grazing experience and a long-term offtake agreement, but it can be done. More about this episode: https://investinginregenerativeagricu.... 0:00 Setting The Stakes In U.S. Dairy 2:45 Joe’s Path From Farm Kid To Grazer 6:30 The Push Toward Scale And Its Limits 11:20 Why Grazing Lost The Cost Advantage 16:55 Organic, Grass-Fed, And Viable Niches 22:15 Training Graziers: Apprenticeship To Alliance 25:55 Building A U.S. Grass-Fed Baseline Standard 30:35 Tech For Transition: Virtual Fencing And Data 34:25 Converting Row Crops To Walkable Pasture 38:35 Duplicating Grazing Farms Versus Doubling Size 43:05 The Market Premium Regenerative Dairies Need 48:08 Processing Bottlenecks And Segregated Milk 51:28 Nutrient Density: Omegas, CLA, And Targets 56:08 Taste, Seasonality, And Cheesemaking 59:58 Trucking, Scale, And Staying Relevant 1:03:38 Investor Lens: A Million Acres Of Grass ——— In Investing in Regenerative Agriculture and Food podcast show we talk to the pioneers in the regenerative food and agriculture space to learn more on how to put our money to work to regenerate soil, people, local communities and ecosystems while making an appropriate and fair return. Hosted by Koen van Seijen Find out more on https://investinginregenerativeagricu... Support our work on: https://investinginregenag.gumroad.com Discover the video course: https://investinginregenerativeagricu... Our other social accounts: / 35633822 / invest_regenag