Jun 25, 2018

Ag Symposium Brings Economic Perspectives

From concerns about global trade and commodity prices to the constant wild card that is Mother Nature, there’s a lot of uncertainty in agriculture right now. Bell’s Ag Symposium offers farmers and agribusinesses new perspectives.

As a lender committed to farmers and agribusinesses, Bell Bank is offering you an opportunity to hear from one of the nation’s leading experts on ag economics.

Author and speaker Dr. David Kohl will be in Moorhead and Fergus Falls, Minn., on Monday, July 30, to discuss the local implications of global economic issues. He’ll share the variables to watch in the U.S. economy, and he’ll reveal 10 big trends that will influence business and family lives. David will also offer a mini financial boot camp to help farmers be proactive in a challenging environment, and he will give participants a best management practices score card to help evaluate how they run their operations.

“I really enjoy the questions from the audience,” David remarks. “Hopefully they can put me in the hot seat. I offer straight talk in a changing environment without political bias. I just tell it like it is. The value of attending a session like this depends on the mindset they bring. If they want to learn and be engaged, this is the meeting for them.”

A well-known regional ag lending expert, Lynn Paulson, Bell’s director of agribusiness development, will also be on hand to share his experience and insight on both the challenges and opportunities that are happening now in agriculture.

What You’ll Learn

This is the 4th annual ag symposium Bell has hosted with David, and attendance increases every year, with nearly 500 attending last year in Fergus Falls, Moorhead and Sioux Falls.

Matt Swenson, who farms corn, soybeans, barley and sunflowers and runs a cow/calf and cattle finishing operation near Walcott, N.D., says David has a broad perspective of what’s happening in ag around the country, and Lynn offers good insight into the banking world.

“It’s our future,” he notes. “Whether we like the message or not, hiding under a rock isn’t going to solve any problems.”

Jonathan Piekarski, a grain farmer near Fergus Falls, Minn., says there are so many factors for farmers to consider – from the dollar’s changing value to uncertainty over trade with China – and going to Bell’s ag symposium gives him a good perspective.

“The global economy is always volatile and changing; David can look at it and tell you what’s going on,” he remarks. “Like it or not, we’re in a competitive business. Lynn shares what’s successful, what’s not and where the opportunities and pitfalls are for producers.”

John Baumiller, president of Security State Bank, based in Tyndall, S.D., with locations in Chancellor, S.D. and Heron Lake, Minn., says that in an ever-changing agricultural climate and economy, it’s important to learn what’s going on around the world.

“We know that impacts us greatly in the Midwest,” comments Baumiller, who is also part of a family corn and soybean farm. “The more information we have, the better decisions we can make in our banks and on our farms.”

How to Register for the Event

The symposium on Monday, July 30, is free and open to the public, but registration is required.

 

Fergus Falls (M-State, 1414 College Way)

7:30 a.m. – complimentary continental breakfast

8 a.m. – Lynn Paulson presents “An Ag Lender’s Secrets to Weathering the Economic Storm”

9 a.m. – Dr. David Kohl presents “Taking Care of Business”

 

Register by calling 218-998-5605 or emailing lkvidt@bellbanks.com by Monday, July 23.

 

Moorhead (Courtyard by Marriott, 1080 28th Avenue South)

12:30 p.m. – complimentary lunch

1:30 p.m. – Lynn Paulson presents “An Ag Lender’s Secrets to Weathering the Economic Storm”

2:30 p.m. – Dr. David Kohl presents “Taking Care of Business”

 

Register by calling 218-291-3317 or emailing twheeler@bellbanks.com by Monday, July 23.

 

You can also contact your ag lender or visit www.bellbanks.com/kohl to sign up for either session.