Agricultural loan renewal season is upon us. The 2019 trade wars and the 2020 COVID-19 pandemic have been brutal for farmers, ranchers and other participants in the agricultural economy. Commodity prices have fallen from their historic highs of a few years ago, and there is no sign that such prices will be obtained anytime soon.
Negative cash flows coupled with eroding equity positions are jeopardizing the viability of many loans. Given this critical stage of the agricultural economy, it is essential that, more than ever before, lenders make smart decisions regarding agricultural loans that may be distressed.
Join us for a program that will address several practical items lenders can and should be doing as they not only consider loans that are up for renewal but also loans that will not be renewed and may move into the workout phase. We will also highlight key findings from academic research that may assist lenders in their decision methodology as they navigate some of these challenging issues.
Presenters
Michael Fielding, Partner
Stephanie E. Kaiser, Partner
Who Should Attend
Executives and legal counsel in the agricultural industry as well as banks, financial institutions and other vendors that serve the agricultural industry.
Continuing Education Credit
This program is pending approval for Colorado, Illinois, Iowa, Kansas, Missouri, Nebraska, Tennessee, Texas and Wisconsin continuing legal education credit.
Questions? Contact Shana Hoy at 816.983.8809.