1 / 0

2013 Pork Management Conference Your Pork Industry Investment

2013 Pork Management Conference Your Pork Industry Investment. LOL Finance Company Dan Glienke CEO June 20, 2012. Who are we…. Subsidiary of Land O’Lakes, Inc. Focus on the livestock industry and projects for the benefit of Land O’Lakes and its members .

minna
Download Presentation

2013 Pork Management Conference Your Pork Industry Investment

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. 2013 Pork Management ConferenceYour Pork Industry Investment

    LOL Finance Company Dan Glienke CEO June 20, 2012
  2. Who are we…. Subsidiary of Land O’Lakes, Inc. Focus on the livestock industry and projects for the benefit of Land O’Lakes and its members. Lend to swine, cattle, dairy and poultry producers. Loan funded in 27 states. Six loan officers: Iowa (2), Minnesota, Nebraska, North Dakota and South Dakota. 2012 loan approvals 120% increase over 2011.
  3. Loan types
  4. Lending Perspective Financial Criteria Equity to Asset Ratio 30% to 50% Current Ratio 1:1 to 1.75:1 Repayment Capacity 110% to 120% Loan to Value 65% to 85% Criteria based on amount of retained production, marketing and input cost risk. Lend to successful livestock systems. Proven production history. Competitive production costs. Sound marketing plan. Margin management. Processor relationship.
  5. Margin Risk “Corn was supposed to go down” No one can predict where to market is going. Loan covenant: Marketing plan with the objective to actively monitor and manage forward margins in an effort to reduce or eliminate the effect of adverse commodity prices.
  6. Thank you!
More Related