Schedule

Wednesday, August 9, 2017
Watkins Auditorium, Ed Boling University Center

8:30-9:45 AM

Registration and Continental Breakfast

8:20 a.m.

Welcome and Introduction

8:30 – 9:45 a.m.

Agriculture & Ag Lending at the Crossroads:
Dr. David Kohl, Professor Emeritus, Virginia Tech University

This session is very timely as one examines the landscape of agriculture and ag lending in the post economic super cycle. The industry made it through the renewal season with the first round of refinances. Looking ahead, what are the variables, perspectives, and trends globally and domestically that need to be the highest priority? Where are the risks and opportunities? What will happen to interest rates, land values, and profits after the election? What do lenders need to beware of inside and outside the numbers from 2017 to 2020? Find out Dr. Kohl’s effective traits of a winning ag lender-producer team and the four cornerstones of success. As always, he will provide candid views of the most commonly asked questions from his travels all across the US. Don’t miss this session to kick off a season of roller coaster economics.

10:00 – 10:50 a.m.

The Future of Food and Consumer Demand in the 21st Century
Dr. Matthew Roberts, Kernmantle Group

We live in an age of unmatched wealth and prosperity, and agriculture has been a prime beneficiary of that prosperity, with ever-rising food demand. But at some point, the demands created by wealth move from more to ‘better’ or ‘different’. From organics to local to highly convenient to food with a story, wealthy consumers have different interests in their food. In this session, we will discuss the role of wealth and income in food demand, where it is going, and the implications for your farming operation.

11:00 – 11:50 a.m.

Changing Landscapes in Agricultural Lending
Mr. Bill Johnson, President and CEO, Farm Credit Mid-America

Farmers are facing a different economic environment now than they did in the past. Mr. Johnson will touch on the changing landscapes in the Ag Lending arena as well as discuss issues in Ag Policy.

12:00 – 12:50 p.m.

Agricultural Finance Luncheon (University Center Ballroom)

1:00 – 2:15 p.m.     

Commodity Prices and Marketing Outlook: Major Trends Affecting Your Bottom Line
Richard Brock, President, Brock Associates

Continued uncertainty in the domestic and global economies associated with input costs, developing nation demand, and government policies are shaking up the commodity markets. Richard Brock’s straight-forward analysis will help get lenders and producers on the same page as they manage risk and make operational and financial decisions. Mr. Brock’s up-to-date analysis of corn, soybean, and cotton price trends will provide a basis for decision making in the coming year.

2:15 – 2:45 p.m.

Expert Panel Q & A and Adjourn