BROOKINGS -- SDSU Extension will host Ag CEO Ag Lenders conferences in three South Dakota communities during the month of October.
"Ag lenders value up-to-date and timely market, financial and production information. Having this knowledge helps them better assist clients regardless of the situation. Acquiring this knowledge takes time and effort, but the payoff is having a solid working relationship with clients," said Jack Davis, SDSU Extension crops business management field specialist.
Davis explained that like the chief executive officer of any corporation, an ag CEO is a manager and visionary for their ag enterprise.
"SDSU Extension works with farmers and ranchers on their way to becoming an ag CEO by focusing on a systems approach to farm and ranch business planning," Davis said. "Ag lenders play an important role in the creation of successful ag CEOs. SDSU Extension recognizes that ag lenders are important components of successful farm and ranch operations."
This one-day conferences will focus on South Dakota land values, cash rent trends, calf backgrounding costs, beef feedlot issues, crop costs/South Dakota farm's financial trends, grain market analysis and outlook, macroeconomic analysis and livestock market outlooks and analysis.
A discussion session will be included in each day's conference wherein program needs, as they relate to producers and lenders, will be discussed.
Rapid City, Oct. 15, at the SDSU West River Ag Center (1905 Plaza Boulevard)
Aberdeen, Oct. 20, at the SDSU Extension Regional Center (13 Second Ave. SE)
Sioux Falls, Oct. 22, at the SDSU Extension Regional Center (2001 E. Eighth St.)
Registration for this conference is $75 and includes lunch.
8:30-9 a.m.: Registration
9-9:55 a.m.: S.D. land values and farm financial trends
9:55-10:45 a.m.: Grain market analysis/outlook
11-11:15 a.m.: Backgrounding budgets
11:15-12:15 a.m.: Macroeconomic outlook
1-1:30 p.m.: Focus group discussion
1:30-2:15 p.m.: Beef feedlot update/discussion
2:15-3 p.m.: Livestock market analysis/outlook