EPISODE · Apr 16, 2024 · 12 MIN
Agriculture Growth: Managing the Ups and Downs with Expert Mike DeLong
from Local Cents by Pillar Bank · host Pillar Bank
Having grown up on a Wisconsin farm and spent his career in Agriculture finance, Mike DeLong offers sage advice for farmers managing through economic cycles including today’s price down tick. Prices go up and prices go down – cycles typically last 18-32 months. Mike shares how farmers can manage risk, reduce expenses, and protect income. From crops to dairy to cattle, there are ways to help smooth the ride when prices are down. It’s a balancing act, and often revolves around close examination of key indicators and comparisons to peer groups to uncover the cents that make the most sense for the Ag business. Mike works closely with his Ag clients and graciously shares his expertise to help farmers thrive.
What this episode covers
Having grown up on a Wisconsin farm and spent his career in Agriculture finance, Mike DeLong offers sage advice for farmers managing through economic cycles including today’s price down tick. Prices go up and prices go down – cycles typically last 18-32 months. Mike shares how farmers can manage risk, reduce expenses, and protect income. From crops to dairy to cattle, there are ways to help smooth the ride when prices are down. It’s a balancing act, and often revolves around close examination of key indicators and comparisons to peer groups to uncover the cents that make the most sense for the Ag business. Mike works closely with his Ag clients and graciously shares his expertise to help farmers thrive.
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Agriculture Growth: Managing the Ups and Downs with Expert Mike DeLong
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