Ag Lenders Workshops Set Statewide
LINDA GEIST
COLUMBIA, MISSOURI
Missouri agricultural lenders are invited to seminars hosted by University of Missouri Extension agricultural business and policy specialists.
Each year, leading economists and ag business and policy specialists from MU Extension, Missouri Department of Agriculture and the MU Food and Agricultural Policy Research Institute provide updates for agricultural lenders. Topics include market outlooks, macroeconomic conditions, land values and rental rates, enterprise budgets, risk management tools, and changes to tax law such as earned income tax credit and the American Rescue Plan, said MU Extension economist Ben Brown.
With these updates, ag lenders can help their clients make informed decisions about market trends, risks and changes that affect borrowing and investment capacities, Brown said.
“For 2021, the number of host sites is decreased due to lower expected turnout and increased costs due to the global pandemic,”
Brown said. “Several long-running locations like Hannibal, West Plains, Clinton and Bolivar will not be available in 2021 but will be reevaluated for 2022. I hope lenders who’ve been to seminars at those locations in the past will consider attending at one of the other venues.”
Information for all six seminars is at muext.us/ABPevents.
• Nov. 23, Mexico. Speakers and topics include Scott Brown, livestock outlook; Mary Sobba, short-term operating plan and land rents; Missouri Department of Agriculture, Patrick Westhoff, macroeconomic and policy outlooks; Ben Brown, grain market outlook. Register at extension.missouri.edu/events/ag-lender-seminar-2021-mexico.
• Dec. 1, St. Joseph. Speakers and topics include Missouri Department of Agriculture; Scott Brown, crop and policy outlook; Joe Horner, livestock budgets, direct marketing and distributed energy; Ryan Milhollin, farm management, enterprise budgets, land values and cash rent. Register at extension.missouri.edu/events/ag-lender-seminars-st.-joseph.
• Dec. 2, Marshall. Speakers and topics include Scott Brown, livestock markets outlook; Ben Brown, grain markets and policy outlooks; Missouri Department of Agriculture. Register at extension.missouri.edu/events/ag-lenders-seminar-2021-marshall.
• Dec. 2, Springfield. Speakers and topics include Joe Horner, livestock market outlook; Ryan Milhollin, enterprise budgets; Jennifer Lutes, loan guarantees for small meat processing; Missouri Department of Agriculture. Register at extension.missouri.edu/events/ag-lender-seminar-springfield.
• Dec. 6, Sikeston. Speakers and topics include Patrick Westhoff, macroeconomic and policy outlooks; Ben Brown, crop outlook and farm management considerations. Register at extension.missouri.edu/events/ ag-lender-seminars-sikeston.
• Dec. 8, Kirksville. Speakers and topics include Karisha Devlin, land values and rental rates; Jason Morris and Darla Campbell, earned income credit and American Rescue Plan; Joe Koenen, tax law update; Ryan Milhollin, enterprise budgets and risk management tools; Ben Brown, macroeconomics and crop and livestock outlooks. Register at extension.missouri.edu/events/ag-lender-seminar-kirksville. ∆