I just finished my 18th year lecturing at the Graduate School of Banking at Louisiana State University (LSU). This year we had 600 plus bankers from the U.S. and Mexico that spent two weeks engaged in intense education. In the evening I play hoops with some of the youngsters, and at my age they are all younger.
After an intense evening on the court, one of the students in my class from Tennessee asked an interesting question. Many of his producers are selling their land for development or to other farmers because of the red-hot land prices. He asked me to identify some of the pitfalls they might encounter. Here is my response to this excellent question.
Next time we will explore this subject deeper.
Bankers at the school were telling me that they are seeing an increase in women producers requesting credit for organic and value-added agricultural ventures.
Editor’s note: Dave Kohl, The Corn And Soybean Digest Trends Editor, is an ag economist specializing in business management and ag finance. He recently retired from Virginia Tech, but continues to conduct applied research and travel extensively in the U.S. and Canada, teaching ag and banking seminars and speaking to producer and agribusiness groups. He can be reached at email@example.com.