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Ag finance experts to talk strategic business planning and economic expectations

Economic surprises have created unprecedented challenges and opportunities in agriculture. Farmers can attend an upcoming ag symposium to learn time-tested business principles that work regardless of business cycles or changing paradigms.

David Kohl, an author and nationally known speaker on the economics of farming and agribusiness, will be in Moorhead and Fergus Falls, Minn., Wednesday, August 2, to tell farmers what to expect in both domestic and global economics. He will also discuss land values, oil prices and interest rates — all imperative in sound strategic business planning.

Kohl is a professor emeritus in the Virginia Tech agricultural and applied economics department, a regular columnist for Corn and Soybean Digest, and has years of experience working with lenders, agribusinesses and institutional leaders. He has conducted more than 6,000 workshops and seminars.

Lynn Paulson, Bell Bank senior vice president and director of agribusiness development, will also give his insight on the state of the ag economy and what it means for both lenders and borrowers. Paulson has worked in ag lending for more than 30 years and farms 1,000 acres in Benson County, N.D. He also writes and speaks about ag lending and finance, the global economy and the ag economy.

Bell Bank is hosting the presentations. This is the third year Bell has invited Kohl to speak in the area. The events drew nearly 400 people last year, and attendance continues to grow every year. Founded in 1966 and headquartered in Fargo,

Bell is the largest independently owned bank in North Dakota, South Dakota and Minnesota, with 20 banking locations and more than $4 billion in assets.

What: Good to Great in Agriculture: Vision 2025, sponsored by Bell Bank

Who: David Kohl, ag finance author and speaker Lynn Paulson, Bell Bank senior vice president and director of agribusiness development

When and Where: 8 a.m. Wednesday, August 2, M State, 1414 College Way, Fergus Falls, Minn. (Breakfast will be served at 7:30 a.m.) and 1:30 p.m. Wednesday, August 2, Courtyard by Marriott, 1080 28th Ave. S. Moorhead (lunch will be served at 12:30 p.m.)

Info.: Events are free and open to the public. Please RSVP by Wednesday, July 26.

To register for the Fergus Falls event, please call (218) 998-5605 or email lkvidt@bellbanks.com.

To register for the Moorhead event, please call (218) 291-3317 or email twheeler@bellbanks.com.

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