• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

New

Watch Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom

Watch Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom

Watch Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom

Watch Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom

Watch Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom

Watch Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom

Watch Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom

Watch Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom

Watch Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom

Watch Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom

CommentaryTech

How Millennials Will Forever Change America’s Farmlands

By
Kimbal Musk
Kimbal Musk
Down Arrow Button Icon
By
Kimbal Musk
Kimbal Musk
Down Arrow Button Icon
March 21, 2017, 3:21 PM ET
Add Fortune on Google for similar content.

As Americans increasingly reject cheap, processed food and embrace high-quality, responsibly-sourced nutrition, hyper-local farming is having a moment.

Tiny plots on rooftops and small backyards are popping up all across America, particularly in urban areas that have never been associated with food production. These micro-farms aren’t meant to earn a profit or feed vast numbers of people, but they reflect the Millennial generation’s desire to forge a direct connection with the food they consume.

These efforts are an admirable manifestation of the mantra to think globally and act locally, but they miss the opportunity that is going on right now: the economics of branded local farms have changed, and technology in agriculture has led to a renaissance of independent American farming. Whether this means farming the traditional acreage of the Heartland or adapting to cutting-edge indoor farming methods, the result is the same: demand for real food is far outstripping supply. Highly-educated, entrepreneurial, and socially conscious young people have a great opportunity to think seriously about agriculture as a career.

On the surface, this advice sounds dubious, given the well-documented, decades-long decline of independent farming in America. Between 2007 and 2012, the number of active farmers in America dropped by 100,000 and the number of new farmers fell by more than 20%. Ironically, however, the titanic, faceless factory farms are barely eking out a profit. That often means that an independent 100-acre farm growing high-demand crops can be far more profitable than a 10,000-acre commodity farm growing corn that may end up getting wasted as ethanol.

The key to reviving America’s agricultural economy is casting aside the sentimental images we associate with farming – starting with what a farmer looks like. In recent years, many of the same technologies that have revolutionized the consumer world have fundamentally altered and improved the way we farm. Drones, satellites, autonomous tractors and robotics are now all at home on farms. As a result, tomorrow’s farms won’t just be part of the agricultural sector, they’ll also be part of the tech sector – and tomorrow’s farmers will look a whole lot like the coders who populate Silicon Valley…except with better tans.

The next assumption about farming we need to cast aside is what a farm looks like and where it will be found. The vast planting fields of America’s heartland are going to change by adjusting to grow real food with 21st century technology, but tomorrow’s farms will also be vertical and in or near our urban centers. By 2050, 70 percent of the global population will live in cities. As both a social imperative and a practical matter, it makes sense to grow food near these cities, rather than to waste time and resources delivering products from hundreds or even thousands of miles away.

This will require innovative new technology that will create even more flexibility in the way we farm. With this in mind, I recently co-founded Square Roots, a social enterprise that aims to accelerate urban farming by empowering thousands of young Americans to become real food entrepreneurs. We create campuses of climate-controlled, indoor hydroponic farms in the heart of our biggest cities and train entrepreneurs how to grow and sell their food year-round. After their training, these young entrepreneurial farmers, in partnership with the U.S. Department of Agriculture, can qualify for larger loan programs as a next step to owning their own farm — either soil-based or indoor. Whether they move on to their own farm or another business, they are prepared to build forward-thinking companies that will become profitable and create good jobs.

We are investing in this initiative not only because it’s the right thing to do, but also because we are confident that agriculture is poised for explosive growth, and that technology and the power of locally branded farms will be the keystone to success. Just ask self-described “AgTech nerds” like Sarah Mock, who is a leader in the growing movement of Millennial entrepreneurs who see an opportunity in farming to achieve the double bottom line – value and values – that is key to solving our planet’s toughest challenges.

Private enterprise will lead this revolution, but the federal government must help fuel its growth. The 2018 farm bill is a critical opportunity. This massive legislation, renegotiated by Congress every five years, establishes the blueprint and funding priorities across America’s agricultural sector. Last year, Democratic U.S. Senator Debbie Stabenow of Michigan introduced forward-looking legislation called the Urban Agriculture Act that would offer protections and loan options that are currently available only to traditional rural farmers. Ideas like these are essential.

A future in which our food is safer, healthier and environmentally sustainable can exist alongside one in which our agricultural economy grows and creates good jobs for millions of American workers. The technologies and business practices of modern farming is spreading rapidly. The opportunity for a young farmer has never been better – and it’s a future we can all get behind.
Kimbal Musk is the co-founder of The Kitchen, a family of companies that pursue an America where everyone has access to real food. He sits on the boards of Tesla, SpaceX and Chipotle Mexican Grill. Follow him on @Kimbal on Twitter and @KimbalMusk on Instagram.

About the Author
By Kimbal Musk
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Commentary

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in Commentary

Has the AI race shifted from U.S. vs China to open vs closed?
CommentaryOpen Source
Has the AI race shifted from U.S. vs China to open vs closed?
By Grace Shao and Alvin Wang GraylinAugust 4, 2026
8 hours ago
bessent
CommentaryU.S. Department of the Treasury
Bessent’s Yen gamble is a warning sign — buckle up
By Steve H. Hanke and Roger KopplAugust 4, 2026
18 hours ago
d
CommentaryMedia
Why Paramount might win its case and still run out of time to acquire Warner Bros. Discovery
By Paul HardartAugust 4, 2026
20 hours ago
agent
CommentaryAI agents
Your AI agent can be a teammate. But it still needs a boss
By Keith Ferrazzi and Wendy SmithAugust 4, 2026
22 hours ago
dan
Commentarydisruption
How AI turned your best work into the bare minimum
By Dan SchawbelAugust 4, 2026
22 hours ago
owen
CommentaryLeadership
Your AI strategy isn’t failing because of bad design. It’s because your team doesn’t believe in you
By Owen FitzpatrickAugust 4, 2026
23 hours ago

Most Popular

How Zohran Mamdani's pied-à-terre tax exposed an epidemic of 'ghost cars' instead
Personal Finance
How Zohran Mamdani's pied-à-terre tax exposed an epidemic of 'ghost cars' instead
By Catherina GioinoAugust 4, 2026
1 day ago
Bars, bowling alleys, and movie theaters cost too much to run and visit. Americans have run out of places to hang out and we're paying with our health
North America
Bars, bowling alleys, and movie theaters cost too much to run and visit. Americans have run out of places to hang out and we're paying with our health
By Catherina GioinoAugust 2, 2026
3 days ago
Ray Dalio on the AI bubble nearing 1929, 2000 levels and the lesson people always forget: 'Wealth is not the same as money'
Investing
Ray Dalio on the AI bubble nearing 1929, 2000 levels and the lesson people always forget: 'Wealth is not the same as money'
By Nick LichtenbergAugust 4, 2026
1 day ago
Forget Gen Z: People in their 70s and 80s are some of the earliest Americans to welcome physical AI into their homes and daily routines
AI
Forget Gen Z: People in their 70s and 80s are some of the earliest Americans to welcome physical AI into their homes and daily routines
By Marco Quiroz-GutierrezAugust 3, 2026
2 days ago
Current price of oil as of August 4, 2026
Personal Finance
Current price of oil as of August 4, 2026
By Joseph HostetlerAugust 4, 2026
1 day ago
Scott Bessent is using moves from his hedge fund days to prop up Japan's yen—and America's $40 trillion national debt
Economy
Scott Bessent is using moves from his hedge fund days to prop up Japan's yen—and America's $40 trillion national debt
By Mia OsmonbekovAugust 4, 2026
16 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.