Episode

404 Joe Tomandl – CAFOs have caught up, can regenerative dairy still win?

Podcast
Investing in Regenerative Agriculture and Food
Published
Feb 10, 2026
Duration seconds
4019
Processing state
not_requested
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https://investinginregenerativeagriculture.com/joe-tomandl
Audio
https://www.buzzsprout.com/1154870/episodes/18629241-404-joe-tomandl-cafos-have-caught-up-can-regenerative-dairy-still-win.mp3
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Summary

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,...