2022 ASFMRA Annual Conference
sponsored by
Thursday, November 10 General Sessions
8:00 - 9:00 AM CT
Agricultural Economics and Business Trends for the 2020s
Dr. David Kohl, Professor Emeritus at Virginia Tech
This presentation will discuss the domestic and global trends that will impact the industry of agriculture. Trade, geopolitics, military action, supply chains, energy, deglobalization, demographic and consumer trends will be interwoven in the context of how it will impact strategic and tactical planning. The characteristics of future business models and the positives of the agricultural industry will be presented. There will be discussion of the successful manager of the future along with the components of business and financial IQ that will increase the odds for long term success.
9:00 - 10:00 AM CT
Global Investing in Permanent Crops
Tom Avinelis, CEO at Agriculture Capital
Understand opportunities and risks when it comes to global investing in permanent crops. This presentation focuses primarily on citrus, berries and nut crops, and will take an indepth look at water infrastructure requirements, genetics, culture and market opportunities.
10:30 AM - 12:00 PM CT
Management Breakout Session: Presentations of Selected Papers from the 2022 Journal of the ASFMRA
The Journal of the ASFMRA seeks to be the first resource that academic and industry practitioners turn to for state-of-the-art information on the rural property professions. This session will feature author presentations of the three most outstanding articles from the 2022 issue of the Journal. The goal is to share relevant research that attendees may use to better serve their clients.
10:30 AM - 11:30 AM CT
Where Modeling Works and Where It Doesn't: Panel Discussion
Paul Bierschwale, ARA, Owner of Bierschwale Land Company; Kirk Manker, VP and Chief Appraiser at Farm Credit Services of America; Mark Elder, Application Developer at AgWare, Inc.
11:30 AM - 12:00 PM CT
The Appraisal Profession Today and Tomorrow
David Bunton, President of The Appraisal Foundation
1:00 - 2:30 PM CT
Management Breakout Session: Soft Skills with Negotiation Role Playing & Discussion
Soft skills are important to success in business and career development. In fact, experts say more than 90% of how we communicate is through tone of voice and body language and less than 10% of our communication is through the words we say. You’ll experience a practical and interactive approach to body language and becoming an expert witness!
1:00 - 2:30 PM CT
Everything You Wanted to Know About AgWare's Cost Approach
John Widdoss, ARA, Owner of AgWare, Inc.
This presentation will focus on the new Cost Approach form within AgWare’s software. The prior releases included a one-page Cost Approach with only 15 improvements possible. The upcoming release on Oct. 1 will include a “3+” page Cost Approach for more complex projects where multiple improvement pages can be added to value up to 60 improvements. With four improvement pages and 60 buildings or improvements, the net result is form-set that can be expanded to contain six pages in total.
3:00 - 3:30 PM CT
2022 Policy Impact
Stephen Frerichs, ASFMRA's Government Relations Representative
National policy can have broad impacts on the world of agriculture. Learn about the legislation pending in Washington D.C. and how it could affect your business, as well as the industry at large.
3:30 - 4:15 PM CT
The Importance of ESG in Institutional Ag Investment
Brian Kernohan, Chief Sustainability Officer, Private Markets at Manulife Investment Management
Environmental, social and governance (ESG) matters have become synonymous with sustainability and there is now increased demand from investors, policy makers, regulators, consumers, employees and civil society for companies and investors to mitigate and disclose ESG risks. While it's true that every company affects, and is affected by, the environment and operates within a broader society and requires governance; what exactly does "ESG" mean, how are agricultural supply chains impacted by this new investor and corporate focus, and what can the agribusiness segment do about it? We will explore these questions from the perspective of agricultural investment and farmland management while looking ahead at what might be on the ESG horizon.
4:15 - 5:00 PM CT
Land Value Trends
Dr. Bruce Sherrick, Professor at University of Illinois at Urbana-Champaign
This presentation will cover headwinds and tailwinds in the farmland markets. Understand the scale and financial performance of farmland markets in comparison to other asset types. Learn how inflation, trade, commodity markets, monetary policy and other factors are affecting land values. Emerging factors, including carbon markets and new government programs, will also be explored.
Friday, November 11 General Sessions
8:00 - 9:00 AM CT
Quantifying and Mitigating Greenhouse Emissions in Livestock
Dr. Frank Mitloehner, Professor & Cooperative Extension Specialist for the Dept. of Animal Science at UC Davis
9:00 - 10:00 AM CT
Impact of Mid-Term Elections on Ag
Congressman Mike Conway