The National Land Podcast

Matthew Symonds grew up on a ranch in western Nebraska, started training barrel horses right out of high school, and recently added a real estate license to the list. He is new to land sales and not pretending otherwise. What he brings instead is a lifetime of working with horses, reading animals, and figuring out when to push and when to walk away, instincts that translate to land work in ways that are hard to manufacture. This conversation covers what it actually takes to train a barrel horse from scratch, why mental drive matters more than raw athletic ability, how the first horse you train teaches you things you carry for the rest of your career, and why putting a bigger bit on a hurting horse is the worst advice in the business. It also goes somewhere more serious. Western Nebraska is deep in drought right now. Hay hit $300 a ton. Farmers are being limited to 15 to 20 days of irrigation water. People who have never considered selling are being forced to make decisions about land that has been in their families for a hundred years. Matthew knows these people. He grew up with them. And he is watching it happen in real time. For anyone in western Nebraska navigating a drought-driven land decision, or anyone who just wants to hear a young horse trainer talk honestly about mastering a craft, this one is worth your time. Talk with Matthew Symonds https://nationalland.com/real-estate-agent/matthew-symonds Visit National Land Realty and View Our Listings https://www.nationalland.com

Forester and timber consultant Kraig Moore (KY/TN) breaks down the 2025 hardwood landscape: prices up roughly 3% YoY overall (net flat after inflation), sharp species splits (yellow-poplar +~20%, sugar maple +20–30%, white oak −~11% YoY but +~52% over 5 years; walnut +~85% over 5 years), and fragile mill capacity after 100+ sawmill closures in two years. He explains how tariffs, China’s historic pull for ~40% of U.S. lumber, and production shifting to Vietnam (labor ~⅓ cheaper than China) are reshaping demand. For landowners, the play is smart silviculture, competition-driven quality, patch clear-cuts/group selection, avoiding diameter-limit cuts, and aligning to mills within ~60–90 miles, to grow value and keep white oak (bourbon barrel essential) regenerating amid maple/beech pressure. Kentucky is ~50% forested, and with interest rates easing and housing starts improving, Kraig is cautiously bullish on hardwoods as a diversification pillar. Episode takeaways: Market snapshot: Hardwood prices ~+3% YoY overall (inflation-adjusted ≈ flat), with big winners (yellow-poplar, sugar maple) and laggards (hickory; white oak down YoY but strong 5-yr trend; walnut dominant long-term). Capacity risk: 100+ sawmills gone in two years; if demand pops, supply could choke, pushing prices up fast. Trade shift: China historically bought ~40% of U.S. lumber/logs; tariffs drove processing to Vietnam (labor ~⅓ cheaper than China), altering log vs. lumber economics. Profit strategy for landowners: Manage for competition (natural pruning/straightness), use patch clear-cuts/group selection, avoid diameter-limit cuts, and time sales to species cycles. Operational realities: Best ROI when mills are within ~60–90 miles; steep terrain or helicopter logging crush margins. White oak future: Main challenge is regeneration, not overharvest, control shade-tolerant maple/beech, open canopy on the right aspects, and keep foresters involved. Talk to Kraig Moore: https://nationalland.com/real-estate-agent/kraig-moore National Land Realty https://www.nationalland.com

Jesse Allen, vice president of National A Content at Farm and Ranch Media, joins to talk about the real state of U.S. agriculture and ag media. He hosts Agriculture of America on roughly 60 stations and SiriusXM 147, plus Market Talk and the American Ag Network. We cover sub $4 corn, $9 soybeans, record beef prices alongside the lowest U.S. cattle inventory in 60 years, and the squeeze producers feel heading into 2026. The conversation also digs into mental health in rural communities, the rise of spray drones and autonomy, and why crops like canola and camelina are gaining attention for sustainable aviation fuel. Episode takeaways: Grain margins are tight with sub $4 corn and $9 soybeans while input costs remain elevated. Cattle prices are high while national herd size is at a 60 year low, drawing policy attention. Mental health deserves proactive check ins across farms, families, and rural teams. Drones, see and spray systems, and autonomy can fill labor gaps and improve precision, with payload limits still a constraint. Interest is growing in canola, camelina, and sorghum as diversification plays, including ties to sustainable aviation fuel. Barriers to entry are rising as equipment and land costs climb, making creative financing and succession planning more important. Farm and Ranch Media Linktree: https://linktr.ee/farmranchmedia Agriculture of America https://www.agricultureofamerica.com Market Talk https://www.markettalkag.com American Ag Network https://www.americanagnetwork.com National Land Realty https://www.nationalland.com

Foreign ownership of U.S. farmland is a political lightning rod, but economist Danny Munch from the American Farm Bureau Federation walks through what the data actually says. Using USDA’s AFIDA reports, he explains that only about 3.61% of privately held U.S. ag land (roughly 48–49 million acres) is foreign-owned, and more than 60% of that is held by allies like Canada, the Netherlands, Italy, the U.K., and Germany. Much of the recent growth is tied to renewable energy leases and timber, not foreign governments trying to control food production. China, despite endless headlines, is associated with roughly 277,000 acres—about the size of one average Ohio county—while individual billionaires like Bill Gates own similar amounts and are arguably more influential through narrative and advocacy than acreage. The episode also digs into data gaps, shell companies, national security reviews, and why Farm Bureau members are just as worried about preserving private property rights as they are about foreign flags on land titles. Episode takeaways: Foreign investors own about 3.61% of privately held U.S. agricultural land (≈48.8 million acres), and over 99% of all U.S. land is either U.S.-owned or held by countries generally considered allies. Canada alone holds about 15.35 million acres—more than a third of all foreign-owned U.S. ag land—followed by European players like the Netherlands and Italy, with large positions in timber and renewable energy, not row-crop land grabs. The big run-up in foreign-owned acres since 2010 is driven heavily by wind and solar leases plus timber, not foreign control of food production; roughly half of foreign-held ag land is forest land. China’s ownership, after USDA data corrections, is roughly 277,000 acres, about half of which came through acquisition of a U.S. pork company and another big chunk from a now-blocked Texas renewable project—politically noisy, but tiny in acreage and not a serious land-based strategy for national security. AFIDA data is the best tool we have, but it’s messy: weak enforcement, paper forms, limited staffing, and only tracing ownership three tiers deep mean shell structures and Cayman Islands registrations can obscure the “warm bodies” behind some acres. Farm Bureau members are increasingly uneasy about private mega-owners and narrative power (think billionaires and foundations) and about bad laws passed for headlines, not solutions—especially when those laws threaten core private property rights and ignore existing tools like CFIUS, which already reviews and can block risky foreign transactions. American Farm Bureau Federation https://www.fb.org/ Foreign Investment in U.S. Ag Land – The Latest Numbers https://www.fb.org/market-intel/foreign-investment-in-u-s-ag-land-the-latest-numbers How it Works — Understanding the Committee on Foreign Investment in the United States https://www.fb.org/market-intel/how-it-works-understanding-the-committee-on-foreign-investment-in-the-united-states Foreign Footprints: Trends in U.S. Agricultural Land Ownership https://www.fb.org/market-intel/foreign-footprints-trends-in-u-s-agricultural-land-ownership National Land Realty - Buy, Sell, Lease, or Auction Land https://www.nationalland.com

Soybeans are all over the headlines right now but you might not realize they drive American ag—and North Carolina is a prime case study. Charles Hall, Executive Director of the North Carolina Soybean Producers Association, returns to break down what’s actually moving the market this year: tight farm margins, a potential price rally that hasn’t materialized, and a flood of supply with limited in-state storage. We cover why 75% of NC beans are rated good-to-excellent yet profitability remains elusive, how a 1.6M-acre crop meets constrained crush capacity after an ADM plant closure, and why six-hour delivery lines are more than an inconvenience—they’re a cost center. Hall explains China’s stop-start purchases, Brazil’s rapid expansion (and quality trade-offs), and how shifting tariffs hit farmers twice—at the elevator and on input invoices. We dig into weed resistance, the dicamba drift debate, and why new chemistries take ~20 years to clear regulation. On the opportunity side: renewable diesel and sustainable aviation fuel are reshaping crush margins by pulling harder on oil than meal. We also hit risk management wins (higher reference prices, improved crop insurance) and why the farm “safety net” still hangs inches above concrete. If you own rural land, lease ground, or care about U.S. food and fuel security, this episode lays out the stakes—straight. Key Takeaways Margins are thin: Inputs up, prices not keeping pace; profitability remains “right on the bubble.” Big crop, tight logistics: ~1.6M acres in NC; ~75% rated good/excellent; limited storage and recent crush capacity loss create delivery bottlenecks. China & tariffs: New-crop U.S. purchases lag; tariff volatility depresses demand and raises input costs (equipment, herbicides, nutrients). Brazil vs. U.S.: Brazil gained China share post-2018; quality/logistics trade-offs vs. NC’s local hog & poultry demand. Weed resistance is constant: Fewer approved chemistries, dicamba drift concerns; regulatory timelines are long. Energy demand shift: Renewable diesel/SAF increasingly drive crush margins via soy oil, not just meal. Risk management: Higher soy reference prices and crop insurance tweaks help, but the “safety net” is still low. North Carolina Soybean Producers Association https://ncsoy.org/ National Land Realty https://www.nationalland.com