Jay Salter, loan officer at Farm Credit Midsouth in Marion, recently completed training for Basic Appraisal Procedures (A102) in Austin, Texas. Held at the Farm Credit Bank of Texas April 28 – May 1, this four-day course guides lenders through the valuation process, building on basic principles and concepts previously learned. By successfully completing the course and corresponding exam, Salter has met the educational requirements for basic appraisal procedures in the majority of U.S. states.
Approximately 320 first-grade students from Brookland and Fox Meadow Elementary Schools attended Farm Credit Midsouth’s annual Pizza Ranch on Sept. 27 at Allen Park.
This unique educational event gives students a firsthand look at where their pizza comes from before it arrives at the door in a cardboard box. 15 educational stations illustrated the many food products used to make pizzas, not to mention the fact that these products come from farms and ranches in Arkansas.
Farm Credit Midsouth will hold its annual Stockholders Meeting on February 25, 2014 at 12pm at the
Arkansas State University Convocation Center, Jonesboro, AR. Director positions up for election are indicated
Benji Marconi and Brandon Brewer of Farm Credit Midsouth were two of 32 agricultural lenders who attended the University of Missouri Agricultural Lending School held June 3-7 in Columbia. Marconi and Brewer are loan officers in the Marion and Corning branches, respectively.
Founded in 2000, the Agricultural Lending School has successfully trained more than 250 ag lenders from Arkansas, Illinois, Indiana, Missouri, New York, North Dakota, Oklahoma and Tennessee.
You may ask yourself, “Why is working capital so important?” The answer is “protection against adversity,” and with the heightened volatility pricing in commodities and input costs, having liquidity available is more important than ever. We’ve all heard the statement that "Cash is King." Working capital embodies this statement by giving you the staying power to weather adversity. Without working capital you may need to sell fewer liquid assets to meet obligations and create liquidity.
Diversity is defined as, “the state or quality of being different or varied.” 2012 has shown our farmers just how important it is to be diverse. The ability to grow different crops has provided a number of options in planting, rotating, irrigating or marketing. The days of solely being a one-crop farmer are long gone. Our farmers’ abilities to be diverse in their production will continue to be a major factor in their long term viability.
Diversity has been the key to risk management. Diversity has brought new ideas and opportunities.