By Larry Tranel and Fred M. Hall
Agricultural lenders will receive useful, research-based information during upcoming Ag Lender Seminars planned in northeast and northwest Iowa.
The Tri-State Agricultural Lenders Seminar will be held Tuesday, Oct. 29, at the Best Western Plus Hotel, 3100 Dodge St., Dubuque. The event begins with registration at 9:45 a.m. and concludes around 3:15 p.m.
The Siouxland Agricultural Lenders Seminar will be held Oct. 30, from 9 a.m. to 3:30 p.m. at the Dordt Stewardship Center located at 3648 U.S. Highway 75, Sioux Center.
The seminars will offer current information to assist lenders, consultants and farm financial advisers in their portfolio management, which is especially important in this era of low profits and market variability. Lenders who serve agricultural clients – especially those who work with dairy producers, are encouraged to attend.
Topics will include insights on farm succession, insights on right to repair legislation, the used machinery market, and market outlooks for livestock, grains and dairy production.
“Price risk management continues to be the major variable in understanding the ag markets,” said Larry Tranel, dairy specialist with Iowa State University Extension and Outreach. “This seminar has proven itself valuable in assisting lenders and farm financial advisers in helping farmers manage risk and understand new technologies clients might invest in.”
Fred Hall, dairy specialist in northwest Iowa, said ag lenders need to understand the current market trends and risks as a necessary part of farm management assistance.
“Also, considering that one in three U.S. farmers is over the age of 65, there is a real need to understand how to successfully aid clients in succession planning,” he said.
Speakers
- Update on the Milk Market – Leonard Polzin, dairy markets and policy outreach specialist with UW-Madison Division of Extension
- Dairy Goat and Grass Fed Dairy Profit Potential (Tri-State event only) – Larry Tranel, dairy specialist with ISU Extension and Outreach
- The Ever-Changing Used Machinery Market – Joel Everitt, president of Joel’s Tractors and Auction LLC
- Right to Repair Equipment Legislation – Jennifer Harrington, staff attorney with ISU Center for Agricultural Law and Taxation
- Family Farm Transitions and Succession Planning – Joy Kirkpatrick, farm management specialist with UW-Madison Division of Extension
- Livestock and Crop Market Update with Land Lease Summary – Joseph Lensing, farm management specialist with ISU Extension and Outreach
- Women in Ag Lending (Siouxland event only) – Val Weis, commercial lending officer with Farm Credit Services of America
Registration details
- Tri-State Agricultural Lenders Seminar: Cost is $100 and the pre-registration deadline is Oct. 18. Register with ISU Extension and Outreach Dubuque County, at 563-583-6496 or email kfeltes@iastate.edu or tranel@iastate.edu.
- Siouxland Agricultural Lenders Seminar: Cost is $100 for the first person and $75 for each additional person from the business. Student registration fee is $30. The preregistration deadline is Oct. 25. Event-day registration is $125 and will not guarantee lunch. Register online at https://go.iastate.edu/24AGLENDERS.
Registration can also be completed on the Ag Lenders Seminar website.
For more information, contact Fred Hall at 712-737-4230 or fredhall@iastate.edu. Larry Tranel can be reached at 563-590-7025, or tranel@iastate.edu.
Source : iastate.edu