MIP # 432   Assessing the State of Ag Banking With Alan Hoskins

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Summary
In this episode of the Moving Iron Podcast, Casey Seymour interviews Alan Hoskins from American Farm Mortgage about the current state of ag banking. They discuss early planting, potential interest rate changes, crop prices, succession planning, and the importance of looking at financials on an accrual-adjusted basis. Alan emphasizes the need for open communication and joint meetings between lenders, merchandisers, and farmers to make informed decisions. He also encourages producers to regularly review their financials and consider the long-term implications of their plans.

Keywords
#agbanking, #earlyplanting, #interestrates, #cropprices, #successionplanning, #financials, #jointmeetings, #plant24

Takeaways
Early planting has been observed in some areas, but recent storms and rain have slowed activity.

The Federal Reserve is considering the possibility of inflation leading to rate hikes instead of rate decreases.

Producers should work with lenders and merchandisers to assess profitability and manage risk.

Succession planning should involve joint meetings with all parties present to ensure effective communication and decision-making.

Examining financials on an accrual-adjusted basis is essential to understand true profitability and make informed decisions.

Sound Bites
"What's happening in the world of ag banking?"

"There's a possibility that we could lower interest rates by three times going out through 2024."

"Regardless of the rate environment, it always serves folks well to consider how to manage risk."

Chapters
00:00 Introduction and State of Ag Banking
05:22 Impact of Inflation on Agriculture
09:28 Finding Profitability in Crop Prices
13:29 Navigating Succession Planning
23:49 Closing Remarks and Moving Iron Summit


Chapters
00:00 Introduction and Background
05:50 Shift from 7 Series to 8 Series Tractors
25:41 Value of Networking at the Moving Iron Summit

Click To Watch:
https://youtu.be/P1Z1CWNi21k

Presented By @AxonTire @AgDirect @IronSolutions @randallreilly @Fusable @Valleytransinc

Music By: @TalbottBrothers
Host: @casey9673
#agequipmentbusinesstal #letsgomovesomeiron

Contact Me at:
MovingIronLLC.com
movingironpodcast@movingironpodcast.com

MIP # 432 - Assessing The State Of Ag Banking  - With Alan Hoskins

On this weeks episode I discuss Machine Reconditioning Process and the Current State of Used Equipment With John Hawkins, Remarketing Manager Martin Sullivan, and Terry Morris of Dawson Tire. John And I take a look at EOP and where we think some opportunities might be in the Used Equipment Market. Terry and I Discuss Tires and how they effect the overall value of a machine and some options Dawson Tire and Wheel has for dealers. For More information about Dawson Tire and Wheel you can visit their website at www.dawsontireandwheel.com. On Social Media you can find them on Facebook, Twitter, and Instagram at Dawson Tire. Dawson Tire also has a Youtube Channel www.youtube.com/user/dawsontireandwheel

If you would like to contact the podcast directly please send your email to movingironpodcast@movingironpodcast.com. I hope you enjoy this episode. 

Show Breakout:  
Intro 0:00 
0:21 John Hawkins Intro
- 0:52 Martin Sullivan Intro
- 1:30 Current Planting Conditions 
- 3:08 John Hawkins Background 
- 7:55 Local Market Conditions Martin Sullivan 
- 10:49 Traditional Product Mix Martin Sullivan and Prairieland Partners 
- 13:21 Leasing Equipment and the Effects on the Marketplace
- 14:57 Current Auction Market How are Local Farm Auctions Effecting the Market 
- 23:04 Macro Level Current Used Equipment Inventories New Selling Habits and Breaking Old Habits 
- 31:00 Planter and Sprayer EOP Outlook 
- 42:09 Combine Market Outlook for the Coming Year 
- 47:40 How Recon Fits into the Sales Process Starting From the Trade Eval 
- 52:40 Recon and Pricing Strategy 
- 59:25 Excellent, Good, Fair, Poor What does this mean 
- 1:11:00 My Interview with Terry Morris of Dawson Tire
- 1:47:37 Outro - Special Thanks to John Hawkins, Terry Morris, Parts, Service, and AMS Folks.

Moving Iron Podcast #2 - Recon Process - John Hawkins And Terry Morris

Moving Iron Podcast #84 – Jerod McDaniels. 

Jerod and I talk about his background, the future of Farm Equipment on the Farm, Adjusting to buying equipment in a downturn, Planters and Planter specs, and Is it the Planter or Auto-steer that deserves the credit for increase in yields.  

Remember if you would like to continue any of these conversations you can hit me up on Facebook, Twitter, or Instagram @MovingIronLLC, Regina at @rrjanousek on Twitter and Regina Narjes on Facebook and Instagram, and you can find Aaron Fintel @aaronfintel on Twitter and Facebook. You can send also send an email at movingironpodcast@movingironpodcast.com. You can also visit the Moving Iron Podcast YouTube Channel. Here you can find After the Bell With Chip Nellinger and Tax Moves with Glen Birnbaum. 

Moving Iron LLC now has a website you can visit, Movingironllc.com. Here you can find information for the 2018 Moving Iron Summit in Las Vegas, Past and current episodes of Moving Iron Podcast, and Articles from Moving Iron Blog. Throughout the year there will be guest bloggers writing on various topics from their point of view. 

If you would like to support the podcast you can leave a review and subscribe to the podcast at your favorite podcast platform. 

You can find this podcast on these podcasting platforms:
iTunes
Google Play
Stitcher radio
Tune In Radio
And Sound Cloud
So, until Next Time… Let's go move some Iron.... This is Casey Seymour…. out.

Moving Iron Podcast #84 - Jerod McDaniel Part 1

MIP #200 – 20/20 Viosn with @AaronFintel 
We recap 2020 and look at 2021

Presented By @TractorZoom 

Music By: @TalbottBrothers 

@casey9673 @traderbrent @Aaronfintel

#AgEquipmentBusinessTalk
#LetsGoMoveSomeIron

MovingIronLLC.com
MovingIronPodcast@MovingIronPodcast.som

#dryshodfootwear #agequipmentbusinesstalk #agmarkets #combine #combinetires #corn #dawsontire #dryshodfootwear #idlechatterpodcast #AgTires #Harvest20 #Tillage #iweardryshodfootwear #plant20 #till20 #tractor #tractortires #tractorzoom #worldeconomy #IronComps

MIP #200 - 20/20 Vision w/ Aaron Fintel

MIP Markets w/ Chip Nellinger 1-10-21
1-309-550-7213, bluereefinc.com @bluereefAG

USDA Report and Corn Was Poppin’

Presented By @TractorZoom 

Music By: @TalbottBrothers 

@casey9673 @traderbrent @Aaronfintel

#AgEquipmentBusinessTalk
#LetsGoMoveSomeIron

MovingIronLLC.com
MovingIronPodcast@MovingIronPodcast.com

#agequipmentbusinesstalk #agmarkets #combine #combinetires #corn #idlechatterpodcast #AgTires #Harvest21 #Tillage #plant21 #till21 #tractor #tractortires #tractorzoom #worldeconomy #IronComps #PrecisionDonor #BornThatWay #Soybeans

MIP Markets w: Chip Nellinger 1-12-21

MIP Markets w/ Shawn Hackett 1-15-21
561-573-3766,  HackettAdvisors.com

All eyes on drought maps and South American, Soon to be,  Corn Planting 

Presented By @TractorZoom 

Music By: @TalbottBrothers 

@casey9673 @traderbrent @Aaronfintel

#AgEquipmentBusinessTalk
#LetsGoMoveSomeIron

MovingIronLLC.com
MovingIronPodcast@MovingIronPodcast.com

#agequipmentbusinesstalk #agmarkets #combine #combinetires #corn #idlechatterpodcast #AgTires #Harvest21 #Tillage #plant21 #till21 #tractor #tractortires #tractorzoom #worldeconomy #IronComps #PrecisionDonor #BornThatWay #Soybeans

MIP # 432 - Assessing The State Of Ag Banking - With Alan Hoskins

Moving Iron Podcast

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