Podcast: Emma Fuller: No Need to Be Concessionary – Soil Health, Cashflow & Market-Rate Returns

In this conversation, Emma Fuller, co-founder of Fractal.ag, discusses their novel farmland investment model, which makes minority equity investments in farmland while incentivizing soil health practices. 

 Fractal is the first widely available farmland equity product, unlocking capital for farmers while they maintain ownership and control. Emma talks in detail about:

• Fractal’s ownership model and underwriting approach

• Their core hypothesis that soil health drives better productivity and cash flows, which in turn drives higher land values

• How producers use the capital Fractal makes available (spoiler alert: most use it to expand their operation by buying additional land)

• How Fractal’s model encourages soil health practices, and how producers can stack discounts by stacking those practices

• The strong demand they’re seeing from producers

• The challenges of raising capital as first-time fund managers

• How much capital they’ve raised and deployed, and the total they’re targeting for their fund

• Her view on the vital role that commodity production plays in scaling regenerative agriculture