2020 Agriculture and Natural Resources Conference
Friday, November 6, 2020
Join us for this not-to-be-missed conference. Prepare your team and organization with the knowledge they need for the upcoming renewal and ag season. You’ll be provided with the information you need to make informed decisions, manage risk, and serve your customer’s needs. This conference is designed for ag lenders, credit managers and analysts, and is also appropriate for any lender who manages ag credits.
8:00 am Welcome and Opening Remarks
8:05 – 9:15 am Cattle and Livestock Market Update
Where do the markets go from here? After all the turmoil, this is a popular question on the mind of most bankers and producers. During this session you’ll become more informed about what lies ahead as the information will provide an outlook for cattle and livestock markets.
Randy Blach, CEO, CattleFax
9:15 – 9:30 am Break
9:30 – 10:30 am Grains Outlook
Harvest for many crops is underway. In the ever-changing world of commodity prices, we experience significant ups and downs–both financially and emotionally. Dr. Koontz will discuss 2020 crop cost estimates, crop margins, what lies ahead, and more during his session.
Dr. Stephen Koontz, Professor, Colorado State University
10:30 – 10:45 am Break
10:45 – 11:45 am Trade Agreements – What’s in the small print?
11:45 am – 12:45 pm Break
12:45 – 1:45 pm High Impact Meteorology in Production Agriculture
Description: The science of weather prediction is rapidly advancing. New computing technologies, high-resolution satellite imagery, and increased weather observations are increasing our ability to manage in-season weather risk. Yet weather prediction has its limits, and as we chase yields and profitability, fluctuations in weather during the growing season force growers to constantly adjust their strategies. In this talk, we will discuss the dominant weather factors that cause yield variance. We will first focus on low-frequency, high impact events like hail, wind, and tornado damage before discussing broader threats from flood and drought. We will discuss weather patterns that lead to high yields and also discuss the patterns that impact operations and reduce yield. We will discuss long term changes in the length of the growing season, total precipitation, and precipitation intensity. We will discuss the limits of predictability and learn about pre-season indicators of adverse weather conditions. Finally, we will discuss the South American growing season and its potential production over the next decade.
Eric Snodgrass, Principal Atmospheric Scientist, Nutrien Ag Solutions
1:45 – 2:00 pm Break
2:00 – 3:00 pm Pandemic Economics and Agricultural Lending 2021
The sudden impact and lasting effects of the COVID-19 pandemic has created accelerated changes. It also has created economic and financial ripples that will be felt for years to many business models in agriculture. The 2020s will be the decade of economic divide that will test the art and science of agricultural lending. Dr. Kohl is back this time, but from Cyberville to draw upon his decades of engagement and interaction as an educator. He will provide his big picture wisdom and actionable items that can be used with your agricultural customers in 2021 and beyond. As usual, he will provide answers to some of the most commonly asked questions that he has received by participants of his more than 75 virtual speaking engagements in the U.S. and globally since the pandemic limited his travels. You won’t want to miss this opportunity so just click on your computers, iPads or mobile device to close out the year and jump start the new year with information, actions and engagement in your learning journey.
Dr. David Kohl, Professor Emeritus, Agricultural and Applied Economics, Virginia Tech, AgriVisions, LLC
3:00 – 3:15 pm Break
3:15 – 4:00 pm Hot Topic to Be Determined
4:00 pm Adjourn