8:00 a.m. Registration and Continental Breakfast
8:20 a.m. Welcome and Introduction
8:30 – 10:15 a.m.
Global Economic Trends
Dr. David Kohl, AgriVisions, LLC
This session focuses on the major game changers in the agricultural landscape that can turn your underwriting standards upside down. Dr. Kohl will provide his famous and ever-changing global economic indicator dashboard for making sound lending decisions. Agricultural operations throughout the Mid-South are exposed to major shifts in the global and U.S. economies and trends in interest rates, land values, employment, and demand for energy and other commodities will directly affect the bottom line. This interactive session will provide participants with the tools needed to track and analyze the economic indicators needed to effectively manage farm operations and loan portfolios.
10:30 – 11:00 a.m.
Agricultural Policy Analysis
Dr. Daryll Ray, Professor and Basingame Chair of Excellence; Director of Agricultural Policy Analysis Center, University of Tennessee
This session will address the top policy factors affecting the agricultural landscape. Dr. Ray will discuss recent legislative actions and regulatory policies affecting lenders’ and producers’ profitability and risk.
11:00 – Noon
Agricultural Policy Update
Dr. Matthew Roberts, Associate Professor of Agricultural Economics,
The Ohio State University
This session provides an overview and analysis of current Farm Bill legislative actions and negotiations. Specific emphasis will be given to risk assessment and governmental actions that have significant implications for agricultural lending and profitability. Primary issues include renewable fuel standards and environmental regulations that impact grain and other commodity markets.
12:00 – 12:45 p.m. Luncheon and MSAAL Graduation Ceremony
1:00 – 2:30 p.m
Trends in Commodity Prices: Are Today’s Levels Sustainable?
Richard Brock, President, Brock Associates
The world economy continues to struggle and the future of alternative fuels is in question as massive supplies of natural gas shake up the market. Notwithstanding the recent downturn, long-term world commodity demand will continue to grow. Brock’s straightforward analysis will bring lenders and producers up-to-date on corn, soybean, and cotton price trends. The profound effects these trends have on cash flows, land prices, and capitalization rates will also be addressed.
2:30 – 3:15 p.m. Closing Panel Q&A and Adjourn