ME153-WEB - Ag Commodities: Impact on Farm Income, Equipment Values, and Rural Economy

Registration

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Webinar Course Description

Agriculture is a complex space. This webinar takes a macro-view of the continued down turn in agri-markets and its impact on various market segments. While business analysts watch the respective trend lines  and their economic influence on these market segments, some are suggesting a more serious outcome scenario in under development with potentially generational impact. The statistical evidences included in the webinar are staggering when measured against the backdrop of how food production is impacted by demographics, land management/ownership, equipment and machinery valuations, technology adoption rates and integration and ultimately farm production and incomes. The webinar considers in time how these seemingly detached areas are in fact related and impact the investments considerations and potential for those individuals and companies involved in the financial services support of, or, are directly involved in the agribusiness sector of the economy.

Course Audience

Leasing Company Analysts, Bank Analysts, Asset Managers, Agribusiness Investors, Ag Equipment Dealer Principals, CEOs, CFOs, Used Equipment Managers

Instructor Information

Andrew Pyron | President/CEO | BigIron Auction Company

Andrew Pyron at BigIron Auction Company was an early participant in the development and expansion of online marketplaces utilizing unreserved auctions as a primary method for establishing market value of capital equipment assets. Thirty plus years’ experience of asset management roles for leading a OEM dealer, international equipment rental companies and global engineering and construction companies with giant fleet status prepared Pyron with the background needed to participate in market leading technology enabled marketplaces. Before coming to BigIron, Pyron held strategic executive roles within IronPlanet where he led the strategic sales initiatives during start-up through mid-stage development and growth before it's merger with RB Auctions. He is originally from the farming region of the Mississippi delta where he contributed to various family farming operations working while attending the University of Memphis. During his career Pyron has been responsible for acquisition, deployment and dispersal of over $2.0 billion in value of capital equipment assets used in construction, transportation, utility and agricultural applications. Headquartered in Nebraska, BigIron Auction Company is often considered rural America's premier unreserved online auction solution and marketplace. Licensed and bonded where required by law, BigIron completes full service and turn-key unreserved auctions each week on the company’s cloud-based internet platform. BigIron serves agriculture growers and producers each week to deliver market leading results for farming and ranching families, agri-businesses, banks, lessors, cooperatives, construction companies, transportation companies and equipment dealers. In addition to being Free of Buyers Premiums, BigIron guarantees all items to be Free of Encumbrances and Liens to ensure all bidder/buyers that every item will be delivered to the highest bidder who completes agreed upon payment terms and receives clear transfer of title.

Agenda

There is no available agenda for this course.

Learning Outcomes

Upon completion of this course,students will be able to:

• Recognize the trends in Agriculture Commodity Values, Demographics, Land Consolidation and Technology Integration; 
• Analyze Ag Equipment and Machinery (long term implications of residual values of asset types);
• Note the Rural Economy's Impacted (including implications to various states budgets);
• Explain Impact on Farm and Ranch Family Incomes (now in four years of continuous decline); and
• Discuss Economics for Smaller Producers (combined effects threatens family farm model).