Schedule

Mid-South School for Advanced

Agricultural Lending

216 Business Administration

Martin, TN 38238

Ph:

(731) 881-7350

Em:

Jennifer Schlicht


Schedule

Print Schedule

Sunday, July 31 - Friday, August 5, 2016

Led by a premier faculty consisting of industry experts and analysts, the Mid-South School of Advanced Agricultural Lending is designed specifically for professionals with two or more years of experience in Ag or related lending. The curriculum provides the most up-to-date and relevant skills needed to assess risk, improve profitability, and serve customers in today’s highly competitive market. The School’s purpose is to provide Ag lenders across the Mid-South with the comprehensive tools and analytical methods needed to make the best loan decisions for their institution and its customers. Held on the picturesque campus of the University of Tennessee at Martin, the MSAAL focuses on high-quality and interactive instruction for a select group of students.

Faculty and Featured Speakers:

Dr. Freddie Barnard, Professor of Agricultural Economics, Purdue University

Dr. David M. Kohl, Professor Emeritus, Virginia Tech University

Mr. Richard Brock, Owner and President, Brock Associates

Dr. Steve Isaacs, Extension Professor, University of Kentucky

Mr. Worth Eubanks, Farm Credit Mid-America

Mr. Vince Bailey, Farm Credit Mid-America

Mr. Bruce Williams, The Andersons, Inc.

Dr. Thomas H. Payne, Tennessee Tech University

Dr. Matthew Roberts, Assoc. Professor of Agricultural Economics, The Ohio State University

Sunday, July 31, 2016

4:00 p.m. Check-in and Registration (Hampton Inn; Martin, Tennessee)

Monday, August 1, 2016

6:00 – 7:30 a.m. Breakfast (Hampton Inn)

7:30 - 9:00 a.m. Registration and Continental Breakfast

9:00 a.m. - Noon Financial Analysis and Agribusiness Simulation (UTM Legislative Chamber)

Dr. Freddie Barnard, Purdue University

12:00 – 12:45 p.m. Lunch (UTM University Center)

1:00 - 5:30 p.m.

Financial Analysis and Agribusiness Simulation (Continued - UTM Legislative Chamber)

Dr. Freddie Barnard, Professor of Agricultural Economics, Purdue University

Course: Financial Analysis and Agribusiness Simulation

Instructor: Dr. Freddie Bernard, Purdue University

This case and simulation-based course is designed to provide experienced lenders with the tools needed to perform in-depth credit analysis and make sound lending decisions. Specific topics for discussion include market-value balance sheets, cash basis income statements, and annual cash flow statements. Differences in net farm income calculated using cash basis income statements (Schedule F) and accrual-adjusted income statements will be discussed. Spreadsheet templates will be used to convert a cash basis income statement (Schedule F) to an accrual adjusted income statement. Income statement, financial ratio, repayment capacity, profitability, and breakeven information will be analyzed. Key financial ratios recommended by the Farm Financial Standards Council, including comparative data, will be provided.

Financial analysis and decision-making skills are sharpened through the competitive Agribusiness Simulation. Participants will be assigned to management teams and make a series of four product pricing, inventory control, cash flow management, credit utilization, and related management decisions for a retail feed and fertilizer agribusiness.

Tuesday, August 2, 2016

6:00 – 7:30 a.m. Breakfast (Hampton Inn)

8:00 – 10:00 a.m.

Financial Analysis and Agribusiness Simulation (Continued - UTM Legislative Chamber)

Dr. Freddie Barnard, Professor of Agricultural Economics, Purdue University

10:15 a.m. - 12:00 p.m.

Course: Lending to Large Commercial Agribusinesses (UTM University Center – Room 206)

Instructor: Dr. David Kohl, Professor Emeritus, Virginia Tech University

This course provides experienced lenders with important tools for benchmarking and analyzing large agribusiness loans and portfolios. Specific emphasis is given to early warning red flags, problem loans, and business cycles. Dr. Kohl will provide a top-level overview and integrate tools provided from MSAAL courses focusing on credit analysis and marketing.

12:00 – 12:30 p.m. Lunch (University Center Ballroom)

12:45 – 2:45 p.m.

Lending to Large Commercial Agribusinesses (Continued – UC Room 206)

Instructor: Dr. David Kohl, Agrivisions, LLC

3:00 – 4:00 p.m.

Financial Analysis and Agribusiness Simulation (Continued - UTM Legislative Chamber)

Dr. Freddie Barnard, Professor of Agricultural Economics, Purdue University

4:00 p.m. - Tour and Dinner at Tosh Farms, Henry, TN

Wednesday, August 3, 2016

Note: Wednesday MSAAL sessions are held in conjunction with the highly acclaimed Mid-South Agricultural Finance Conference

6:00 – 7:15 a.m. Breakfast (Hampton Inn)

8:20 – 9:45 a.m.

Dr. David Kohl, Professor Emeritus, Virginia Tech University

10:00 – 11:00 a.m. Breakfast (Hampton Inn)

Dr. Matther Roberts , The Ohio State University

11:00 - 12:00 Mr. Bob Young, American Farm Bureau Federation

12:00 – 12:50 p.m. Agricultural Finance Luncheon (University Center Ballroom)

1:00 – 2:30 p.m.

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.

2:30 – 3:15 p.m.

Expert Panel Q&A and Adjourn

Dr. David M. Kohl, Professor Emeritus, Virginia Tech University

Mr. Richard Brock, Owner and President, Brock Associates

Mr. Bob Young, American Farm Bureau Federation

Mr. Matthew Roberts, The Ohio State University

Thursday, August 4, 2016

6:00 – 7:30 a.m. Breakfast (Hampton Inn)

7:30 Shuttle to UT Martin

8:00 – 9:00 a.m. Freddie Barnard

9:00 - 11:45 Risk Management Principles

Mr. Worth Eubanks, Farm Credit Mid-America

Mr. Vince Bailey, Farm Credit Mid-America

Mr. Bruce Williams, The Andersons, Inc.

This course focuses on the macroeconomic issues and changing demographics in rural communities that can affect your bottom line. As the farm population ages and the economies of rural communities change, lenders need to adjust their loan portfolios and target markets. This course will provide tools to identify the best and most sustainable lending opportunities. The course also addresses the question of whether land can be expected to “pay for itself” in the long run. Analytical techniques and pitfalls associated with land valuation will be discussed.

12:00 - 1:00 Lunch (Provided)

1:00 - 2:30 Team Presentations

2:30 - 4:30

Dr. Steve Isaacs, Professor, University of Kentucky

Course: Changing Demographics, Financial Performance, and Land Valuation

5:00 Tour and Dinner - Discovery Park of America

 

Friday, August 4, 2016

 

6:00 - 7:30 a.m. Breakfast (Hampton Inn)

8:00 - 9:30 a.m. Economic Outlook

Dr. Thomas H. Payne, Dean, College of Business Tennessee Tech University

9:30 a.m. Exam

10:15 a.m. Survey and Discussion

10:45 a.m.Presentation of Certificates

 

Mid-South School for Advanced

Agricultural Lending

216 Business Administration

Martin, TN 38238

Ph:

(731) 881-7350

Em:

Jennifer Schlicht