Wednesday, March 25, 2020
2:00 – 3:30 pm (Eastern Time)
1:00 – 2:30 pm (Central Time)
12:00 – 1:30 pm (Mountain Time)
11:00 – 12:30 pm (Pacific Time)
The current environment of agricultural economics is presenting special challenges involving agricultural finance. What lessons were worth learning from the 1980’s, and how can they be used to navigate through the current challenges? What is the impact of margin compression in the industry on the farm client and agricultural portfolio? This session will discuss the latest trends in the industry and best practices for use in meeting the current challenges with your clients. We will also address issues and opportunities with the respect to the administration of the portfolio.
In this agricultural credit training, we will cover:
- An overview and update of current trends in agricultural economics, commodity price trends and trade issues
- Credit impacts on the agricultural loan portfolio and impacts on farm profitability
- Navigating through the current challenges presented by the current environment and the habits of financially resilient farmers
- Strategies for moving forward in agricultural credit management
- Best practices in portfolio administration
Jeff Davey has 30 years’ experience in commercial and agricultural banking and over six years of consulting experience with a top 20 accounting and consulting firm. He works with financial institutions to provide customer-focused risk management services. Davey uses the financial institution’s policies and procedures, along with additional tools, to provide recommendations to assist the institution. His specialties include loan reviews, credit grading, credit administration, and credit risk management. Davey has served in several capacities with community and regional banks including loan review/credit department manager, commercial and agricultural lender and market president with emphasis as the commercial/agricultural banking team leader. He has also been a seminar, webinar and credit school presenter for several financial institution and training associations. Davey graduated from Illinois State University with a Bachelor of Science degree in Agricultural Education and from the University of Illinois with Master’s Degrees in Business Administration and Education. He is a CRC and a faculty member of the Risk Management Association where he also serves on the Accounting and Tax Committee.
1.5 CPE Credits