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home : news : business   April 29, 2016

12/31/2013 11:30:00 AM
Banks sponsor ag business conference

MENDOTA — First State Bank, Mendota, Pioneer State Bank (f.k.a. National Bank of Earlville), Farmers State Bank of Sublette, and H.F. Gehant Banking Co. of West Brooklyn are planning a conference for area farmers. The 15th Annual Community Bank Ag Conference is scheduled for 10 a.m. Wednesday, Jan. 29 at Mendota Civic Center.
The program will begin with Steve Freed. Freed is the vice president of research for ADM Investor Services, overseeing the analysis of market information and trading strategies for more than 800 brokers.
He creates daily short and long-term market outlooks, monthly grain power point presentation updates, and an electronic statistical manual identifying changes in world supply and demand conditions.
Steve Stallons, vice president of Oxbow Fertilizer, will speak next.
He joined the company in 2006 after spending 10 years with Agri-Chem in the retail and wholesale agriculture sector.
Oxbow is one of the world’s largest recyclers of refinery and natural gas by-products. Oxbow upgrades, handles, transports and sells petroleum coke and sulphur into markets where they can be used to produce aluminum, steel, electric power, fertilizer, cement and other critical products for the world economy.
The afternoon and keynote speaker will be David Kohl. Kohl received his master of science and doctorate degrees in agricultural economics from Cornell University.
For 25 years, Kohl was professor of agricultural and finance and small business management and entrepreneurship in the Department of Agricultural and Applied Economics at Virginia Tech, Blacksburg, Va.
Kohl has addressed the American Bankers Agricultural conference for 35 consecutive years, and has appeared before numerous state bankers’ schools and conferences throughout the U.S., Canada, Mexico and the world.
He also has been one of the top rated instructors at the LSU and Colorado Graduate Schools of Banking, and is chancellor of Farm Credit University, which has trained more than 700 lenders using an online and face-to-face educational approach.
Area farmers may contact any of the listed financial institutions prior to Saturday, Jan. 25 to confirm reservations for the event. ADM Grain Co., Mendota, and Holland & Sons Inc., John Deere will serve as major co-sponsors of the event and will provide lunch for all those in attendance.
First State Insurance will sponsor the morning coffee and donuts.
Door prizes are being provided by several area businesses including Earlville Farmers Coop; Sublette Farmers Elevator Co.; West Brooklyn Farmers Coop; Troy Grove Coop; Meriden Grain - Pioneer Seed Sales; Seedlink, LLC; Mendota Mutual Ins. Co.; Crop Production Services - Compton; Leffelman and Associates Inc.; Peter Vaessen - Vaessen Implement and Repair, Inc.; Michael Vaessen - Sublette Mechanical; Wipfli; First State Insurance; Rodney Rod - Pioneer Seed Sales; Northern Partners Coop; Maplehurst Farms; Beck Oil Co.; R-Equipment Co.; Sublette Toy Show; IL Fire Store; and Vaessen Bros. Chevrolet.

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