Agbioscience

Latest Episodes:

263. Through the lens of the farmer Oct 23, 2023

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Innovations in seed holds tremendous promise – from improving yield to resilience and profitability – and has transformed significantly over the last few decades. Today we are joined by Beck’s Hybrids President, Scott Beck, to talk about the iconic family-owned brand, being a third-generation leader in the business and watching a small operation grow to the massive brand it is today.

Scott talks all things company culture and keeping that as you grow and scale a business. He also reflects on returning to the company after graduating from Purdue in 1987 (he was the 12th employee), shifting their focus from being a seed company that has marketing to becoming a marketing company that has seed, and viewing all things through the lens of the farmer. That includes relationships with many agbioscience companies to bring diversity and value to the farmer.

What’s ahead for Beck’s Hybrids? More of the farmer, of course. Scott talks R&D, looking into the future to help the farmer and how he sees the company innovating in the future.

262. Getting the economy you want Oct 16, 2023

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Forbes – the global business media powerhouse – named Indiana the best place to start a business in 2023. It’s one of many recent wins on the board for Indiana – a trophy case that includes everything from securing commitments for $33B in capital investment in the last six quarters to securing the rights to host the next Global Economic Congress. It’s momentum that today’s guest seeks to continue. Indiana Secretary of Commerce David Rosenberg joins us to look into the future, poising Indiana for success and retaining young talent in state for generations to come.

David talks about getting the economy you want versus the one that comes to you, the Indiana Economic Development Corporation (IEDC) becoming a strategic organization and agbioscience’s role in building our state’s future. He also gets into Indiana’s evolving talent pipeline and creating the necessary tools for companies to fill jobs. David also talks about growing the state’s entrepreneurial ecosystem, venture’s growth and opportunities in Indiana and shaking the humble Hoosier mindset.

With all this momentum and a little bit of time left under Governor Holcomb’s administration, what’s next for IEDC? David looks ahead at what needs to be done, the strength of their team to make it happen and his excitement for Indiana’s future.

261. BONUS: The “why” behind innovation Oct 11, 2023

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The agbioscience story is one worth telling in many aspects and that’s exactly what Delaney Howell-Groth has done in her career. The ag journalist turned founder of AgCulture Marketing joins us from the Rally Innovation Conference to talk about shaping the story of companies across the industry, having affinity for rural America and innovation driving the food system. Delaney also talks about unlocking emotions alongside facts, new technologies as a story and an industry that’s ripe to create excitement and vibrancy in rural communities across the country.

260. Meeting the needs of a global market Oct 09, 2023

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About 25% of U.S. farm products by value are exported annually. That global market fuels demand for producers and the companies that serve them across the Midwest. Ben Forsythe, Director of Sustainability and Value Creation with the Indiana Corn Marketing Council and Indiana Soybean Alliance, is just back from a global trip to visit some of those foreign markets and joins us today to share new perspective on the markets and the opportunities they create for innovation.

From his travels to The Netherlands to Indonesia, he gets into the unique challenges each country faces, how Indiana farmers can help solve those challenges to meet the needs of the world’s markets. He also talks about gleaning inspiration from other countries that could validate and improve the great work we already do here. No matter where they're at in this world, farmers speak a universal language; so what did their shared communication look like on the trip? Ben talks common themes and conversations taking place in agriculture across the world.

259. The food supply chain of tomorrow Oct 02, 2023

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From chocolate to food innovation, True Essence Foods has taken a disciplined approach to making food ingredients taste better. This week, founder and CEO, Matt Rubin, joins us from the Rally Innovation Conference to talk about what the food supply chain of tomorrow looks like and the technology helping them pave the way.

Matt also gets into sustainability, balancing flavor and water to create delicious, shelf-stable food at commercial scale, and the growing list of partners in collaboration with True Essence Foods. As the company recently announced a $27.6M growth investment from AFM Capital Partners, what do they plan to do next? Matt talks all things expansion – both in terms of equipment and talent – in order to grow and scale the business.

258. BONUS: AI/ML keeping dairy cows healthy Sep 27, 2023

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How does a recovering journalist make her way into diagnostics? Answer: agriculture (or as she puts it, the cornerstone of human civilization). Tamara Leigh, EIO Diagnostics Co-Founder and CEO, joins us from the Rally Innovation Conference to talk about artificial intelligence and machine learning as a tool for detection and prevention of mastitis in dairy cows. As “super athletes of lactation,” she gets into dairy cows’ productivity, the importance of being able to detect for mastitis and how the EIO Diagnostics is integrated into dairy operations.

How is the dairy industry evolving? Tamara talks about perception versus reality, dairy being more than just beverages and driving efficiency to create sustainability and profitability for farmers and the planet. She also talks about their solution being shaped by farmers, gleaning innovative inspiration from other sectors and what’s ahead for EIO Diagnostics.

257. Indiana to host GEC 2025 Sep 25, 2023

Show notes

Agbioscience was in Melbourne, Australia last week for the Global Entrepreneurship Congress – a gathering of more than 2,000 entrepreneurs, investors and organizations from more than 120 counties - all focused on supporting startups and building the economy of the future. During the conference, the United States – particularly Indiana took center stage. Today we are joined by Mark Marich, EVP of the Global Entrepreneurship Network and David Watkins, Senior Vice President of the Indiana Economic Development Corporation, to talk about the conference and its future plans to bring the conference to Indiana in 2025.

Helping entrepreneurs flourish is what the Global Entrepreneurship Network does – no matter where they are located across the globe. Mark and David get into what the conference entails, why they chose Indiana as their destination for 2025 and the rapidly evolving entrepreneurial ecosystem across the state. Indianapolis will be the first U.S. city to host the conference since it was originally founded and there will be a chance for Indiana to spotlight its entrepreneurs. What people can do ahead of the Global Entrepreneurship Congress to prepare for what’s to come? All that and more is here; learn more.

256. BONUS: A revival in food entrepreneurship Sep 20, 2023

Show notes

From her days as a dance major at Indiana University to the possibility of opening up her own aerial yoga studio, creativity and an entrepreneurial spirit runs through Rachel Klein’s veins. This week, the co-founder and CEO of Revival Food Company, joins us to walk through her journey as a food entrepreneur, how the company has grown and scaled to date and what it’s like to be an Indiana startup.

Rachel also talks about her gut check moment of choosing to grow Revival Food Company instead of staying small, the challenges of being a female founder and connecting with Walmart to get her products into 1,000 stores in 2020. Revival is focused on bringing new energy to the market, so what’s next? Rachel talks about the future of her company and what consumers can expect as she continues to grow (hint: it’s well beyond nut butters).

Revival Food Company was a finalist for the Rally Innovation Conference In-Prize Pitch Competition. To learn more, click here.

255. Tech starts with the customer Sep 18, 2023

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Artificial intelligence, machine learning, autonomy, edge computing … all new disciplines of science that are transforming the future. And, they are as close as the nearest farm field thanks to today’s guest and his team of engineers and technologists. Aaron Wetzel, John Deere’s Vice President, Production and Precision Ag Production Systems, joins us to talk about his journey through the agbiosciences, tech transforming the industry and the company’s recent acquisition in Indiana.

How does John Deere balance the creation of their own tech versus acquisition? Aaron gets into how they walk that line, marrying strengths and how Smart Apply came to be a part of their portfolio. How will this next chapter of innovation unfold? Aaron leans into the discussion of a growing population and less land creating challenges for the farmer – and John Deere’s readiness to answer that call across the globe to enable farmers to be more efficient to grow more food with less resources than ever before.

254. BONUS: Innovating to feed a growing world Sep 13, 2023

Show notes

Leaders from agbioscience juggernauts gathered on stage at the Rally Innovation Conference last month to talk about the growing, evolving sector and what’s ahead for the agbiosciences in terms of both challenges and opportunities. This week, we bring the panel to you. Brook Cunningham, Chief Strategy Officer at Corteva Agriscience, Audre Kapacinkskas, Principal at S2G Ventures and Jeff Simmons, CEO of Elanco, have a candid discussion on their vision for the future of food and innovating to feed a growing population.

They get into how they are approaching the challenge of feeding more people with less resources, how funding will impact new innovators entering the market and streamlining new innovation from the outside looking in (rather than internally at large companies). How do companies think about internal research and development versus acquiring innovation from the outside? Brook and Jeff break down their approach in this area, collaborating cross sector to drive new solutions into the market and doing what you’re good at (or as Brook says: fit and focus).

What innovations do Brook, Audre and Jeff see as potential game changers for the agbioscience? They discuss emerging technologies, sustainability as profitability and barriers that exist that keep innovation from the farm gate.

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