Wednesday, October 21, 2020
2:00 – 3:00 pm (Eastern Time)
1:00 – 2:00 pm (Central Time)
12:00 – 1:00 pm (Mountain Time)
11:00 – 12:00 pm (Pacific Time)
The current environment of agricultural economics is presenting special challenges involving agricultural finance. What is the impact of margin compression in the industry on the farm client and agricultural portfolio?
This timely loan webinar will provide an update on trends in agricultural economics including the impact of COVID-19, community price trends, trade issues and impact on farm profitability and financial condition. We will also address issues and opportunities with respect to the administration of the portfolio.
- An overview and update of current trends in agricultural economics, commodity prices 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.
- Impact of financial leverage on five measures of financial condition and performance.
- Key factors affecting the value trends of farm real estate.
- Common characteristics of high-performance borrowers.
- 10 Dials to Watch on Your Financial Dashboard
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.
1.0 CPE Credits