SDSU Extension hosts Ag Lenders Conferences in Watertown and Sioux Falls

SDSU Extension
Farm Forum

BROOKINGS — SDSU Extension is hosting an Ag Lender Conference in Watertown on Oct. 17 and in Sioux Falls on Oct. 19.

“SDSU Extension understands that a strong relationship between ag producers and their lender is important to the success of their operation. These conferences will focus on ways lenders can better serve their agriculture producers lenders,” said Jack Davis, SDSU Extension crops business management field specialist.

Topics covered during the one-day conferences will focus on best use tax analysis, how to provide a macroeconomic outlook, current crop and livestock market outlooks, the value-at-risk marketing tool. Participants can also expect to receive an update on the farm stress survey, Farm Service Agency (FSA) programs and crop budgets.

“Production agriculture provides yearly challenges,” Davis said. “Through these conferences we are able to update lenders on the economic drivers affecting their clients. Through this effort we provide them with information and tools they can use to combat those challenges.”

To help cover costs, registration for the conference is $75 and due by Oct. 8. After Oct. 8, registration is $100. To register, visit igrow.org/events.

Conference details

The conference begins at 8:30 a.m. and runs until 3 p.m.

  • Oct. 17 — Watertown, at the SDSU Extension Regional Center (1910 W. Kemp Ave.)
  • Oct. 19 — Sioux Falls, at the SDSU Extension Regional Center (2001 E. Eighth St.)
Agenda
  • 8:30 - 9 a.m. — Registration.
  • 9 - 10 a.m. — Best Use Tax Analysis — Matt Elliott, SDSU Extension agribusiness specialist.
  • 10 - 10:30 a.m. — Farm Stress Survey — Heather Gessner, SDSU Extension livestock business management field specialist.
  • 10:30 - 10:45 a.m. — Break.
  • 10:45 - 11:15 a.m. — Weather/Climate Outlook — Laura Edwards, SDSU Extension state climatologist.
  • 11:15 - 12:15 p.m. — Macroeconomic Outlook — Joe Santos, professor, SDSU Department of Economics.
  • 12:15 - 1 p.m. — Lunch.
  • 1:00 - 1:45 p.m. — Crop Market Outlook and Value — At-Risk Marketing Tool — Lisa Elliott, assistant professor and SDSU Extension commodity marketing specialist.
  • 1:45 - 2:15 p.m. — FSA Update and Crop Budgets — Jack Davis, SDSU Extension crops business management field specialist.
  • 2:15 - 3 p.m. — Livestock Market Outlook — Matt Diersen, professor and SDSU Extension risk/business management specialist.

For more information, contact Davis, jack.davis@sdstate.edu or 605.995.7378.