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Field Work

Banking on Innovation

Field Work

Field Work

Documentary, Society & Culture

5652 Ratings

🗓️ 26 May 2021

⏱️ 51 minutes

🧾️ Download transcript

Summary

Marc Schober is director of specialized agriculture solutions for Bremer Bank, the nation’s 9th largest farm lender. Zach and Mitchell ask him about how he decides which #fintech and #agtech solutions are worth recommending to the bank and to farmers. Schober tells Field Work he is bullish on finding ways to incentivize transitions to regenerative ag for farms of all sizes, but less sure of how exactly carbon markets will work, or what changes they can expect with the Biden administration.


Read more: 5 ideas for farmers who want to minimize risk

Transcript

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0:00.0

Hey everyone, I'm Mitchell Hora.

0:09.5

I'm a farmer from Iowa.

0:11.6

And I am Zach Johnson.

0:12.9

I farm in West Central Minnesota, and this is the fieldwork podcast, which is by farmers,

0:18.6

for farmers.

0:20.0

Every single episode, we talk about what works and what

0:22.6

doesn't in sustainable agriculture. Thank you very much to the Walton Family Foundation for their

0:27.9

support this season. So today, Zach, we're going to talk about banking. And for farmers,

0:33.9

having a great relationship with your banker is super important. So today we're going to talk to

0:38.2

Mark Schober. He's a guy whose job is to figure out what works and what doesn't for the ag banking

0:44.3

industry. The whole thing really boils down to that if the bank can help farmers to find better

0:50.7

technology, that they can overall reduce risk and help their farmers to be able to

0:55.4

ensure that they have long-term profitability. It's an interesting way to think about banking,

1:00.6

honestly. You don't hear that a lot from somebody within the banking industry. And Mark works for

1:05.3

Bremer Bank, which is actually currently the ninth largest ag bank in the nation. We need to let you

1:10.7

know that we recorded this before Brammer Bank became a sponsor of fieldwork.

1:16.0

It's always fun when that happens because it must mean that the guy from the company

1:19.6

didn't run away screaming in pain after he talked to us, right?

1:22.6

Yeah, that's a good thing because, I mean, we've had that a lot.

1:25.4

That might be where Oprah's at.

1:28.5

Maybe we should check on that one. I'd be interested to talk to them more about potentially financing our coconut crop

1:33.4

and ensuring that we have a helicopter because we need transportation to get to our coconut

...

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