Annual Siouxland Ag Lenders Seminar on Oct. 30 will focus on Right to Repair and Equipment Values

Other focuses include farm succession and transition, market and export outlooks, and women in ag lending

The right-to-repair legislation and equipment values are featured topics during the Siouxland Agricultural Lender’s Seminar on Wednesday, Oct. 30 at Dordt University’s Ag Stewardship Center, 3648 US HWY 75, Sioux Center. Registration opens at 8:30 a.m. with the program scheduled from 9 a.m. to 3:30 p.m.

The seminar will present agricultural lenders, consultants, and farm financial advisors with current information to aid them in their portfolio management, which is especially important in this era of continued lower farm profits and market variability.

“Jennifer Harrington, staff attorney at the Center for Agricultural Law and Taxation at Iowa State University, will focus on the right-to repair legislation,” said Fred Hall, dairy specialist with Iowa State University Extension and Outreach, who is hosting the program. “Jennifer specializes in providing timely and understandable legal materials and updates for rural landowners, producers, and small business owners.”

Continue reading “Annual Siouxland Ag Lenders Seminar on Oct. 30 will focus on Right to Repair and Equipment Values”

Registration Now Open for Annual Siouxland Ag Lenders Seminar on Oct. 30

Program will focus on right to repair, equipment values, farm succession, market and export outlooks, plus the importance of women in ag lending

Agricultural lenders, consultants and farm financial advisors will receive current useful, research-based information during the Siouxland Agricultural Lender’s Seminar on Wednesday, October 30 with registration at 8:30 a.m. and programing from 9 a.m. to 3:30 p.m. at Dordt Ag Stewardship Center located at 3648 US HWY 75, Sioux Center.

Continue reading “Registration Now Open for Annual Siouxland Ag Lenders Seminar on Oct. 30”

Siouxland Ag Lenders Report Things Looking Up…kinda

The popular media is having a “hayday” with the uptick in farm bankruptcies; up 24 percent over 12 months ending in September 2019; and Dean Foods Co., the biggest US milk company filing for bankruptcy protection this week. According to a Farm Bureau Federation report, Iowa had a total of 24 Chapter 12 Farm Bankruptcies during that time period and increase of 10 from the previous 12 months.

Continue reading “Siouxland Ag Lenders Report Things Looking Up…kinda”

Last Call To Register For Siouxland Ag Lenders Seminar

Agricultural lenders will receive current useful, research-based information during the Siouxland Agricultural Lender’s Seminar on Thursday, Nov. 7 with registration at 8:45 a.m. and programing from 9:00 a.m. to 3:45 p.m. at the Triple Box near Orange City. The seminar will present current information to assist lenders and farm financial advisors in their portfolio management, which is especially important in this era of continued market variability.

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Annual Ag Loan Reviews Are Right Around The Corner

Even with milk prices trending up and 2020 looking to be be even better, there is lots of uncertainty still in the marketplace. Continuing weather issues, trade and tariff issues plus forage quality and availability all weigh heavy on producer minds as they struggle to finish the 2019 season.

With cow numbers moderating and storage levels slowing or declining, there is the expectation that milk prices will continue to improve. Current domestic consumption seems to be holding but there’s lots of signals out there that point to a decline in the global and USA economic health. A recession in this county would certainly but the damper on things. If negotiators could build a lasting deal for exports, the future would make a dramatic turn-around.

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Siouxland Agricultural Lenders Seminar Nov. 7 near Orange City

Registration Now Open for Upcoming Seminar

Agricultural lenders will receive current useful, research-based information during the Siouxland Agricultural Lender’s Seminar on Thursday, Nov. 7 with registration at 8:45 a.m. and programing from 9:00 a.m. to 3:45 p.m. at the Triple Box near Orange City. The seminar will present current information to assist lenders and farm financial advisors in their portfolio management, which is especially important in this era of continued market variability.

Continue reading “Siouxland Agricultural Lenders Seminar Nov. 7 near Orange City”

Planning For Profitability Program Set for Aug. 1 in Rock Rapids

Planning for Profitability program for farmers and agribusinesses 

One-day program will focus on planning ahead while facing shrinking margins in production agriculture

ORANGE CITY, Iowa – Iowa State University (ISU) Extension and Outreach invites local farmers and agribusiness professionals to attend a free one-day Planning for Profitability workshop in either Rock Rapids or Decorah.

Planning for Profitability in a Changing Dairy Industry will focus on options to increase profitability when facing shrinking margins; risk management strategies and how they can benefit dairy operations; changes and requirements that ag lenders may be asking for when reviewing loan requests; and a review of the milk market. Continue reading “Planning For Profitability Program Set for Aug. 1 in Rock Rapids”

Area Ag Lenders Tightening Up on Loans According To Survey

At the Siouxland Agricultural Lenders Seminar on November 1, we surveyed the participants on what they were seeing in their ag loan portfolios in light of the current ag economy. The 58 attendees were from five states represented 20 lending institutions and 13 other ag industries. More importantly they represented service to over 500 dairies, 317,725 milking cows and 108,400 acres producing feed for those cows.

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First Siouxland Dairy Lenders Seminar Is In The Books

 

 

UNL Agriculture Systems Economist Robert Tigner makes the point on how many dairymen do not use the risk management tools available to them.

Ag lenders from across Iowa, Minnesota, Nebraska and South Dakota heard top professionals in commodity markets, weather prediction, enterprise evaluation and federal policy share their insights on November 2 in Rock Rapids, IA.

Forty-one lenders from four states, representing 14 lending institutions plus four other industries attended. From those that returned program evaluations their attendance translated to 65 dairies, 69,725 milking cows and 97,400 acres producing feed for those cows.

Registration Deadline For Dairy Lenders Seminar Is Oct. 27

The deadline to register for the Siouxland Dairy Lender’s Seminar is Friday, October 27. The seminar will be held on Thursday, November 2 at the Forester Community Center in Rock Rapids, Iowa. Lenders who serve agricultural clients and especially lenders who work with dairymen in Iowa, Minnesota, Nebraska and South Dakota are encouraged to attend. This year’s focus is on market outlooks for livestock, grains and dairy, long-term weather influences for agriculture plus dairy finances and ag policy.

 

The list of nationally recognized presenters include; David Oppedahl, Senior Business Economist, Federal Reserve Bank of Chicago presenting “A Fed’s Look at Dairy Economics”; Larry Tranel, ISU Extension Dairy Specialist presenting “Millionaire Model Dairy Farms”; Chad Hart, ISU Extension Economist presenting “Commodity Market Review and Outlook”; Harry Hillaker, Iowa Climatologist presenting “Agricultural Weather Outlook”; and Robert Tigner, UNL Extension Educator presenting “Dairy Market Review and Outlook”.

The cost of the program is $80 for the first person from an institution and $50 for each additional person that have made the registration by October 27. After that date, including at the door all registrations will be $100 and will not include the lunch. The program begins with registration at 9 am, with programs running from 9:30 am to 4 pm. To register, contact the Sioux County Extension office at 712.737.4230 or email Fred M. Hall at fredhall@iastate.edu for registration information.

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