Virginia Tech Professor Emeritus David Kohl says it takes solid financial knowledge to manage the three-headed dragon of price volatility, higher input costs and rising interest rates. “If it’s not well managed, that will take liquidty, profit and equity off the balance sheet, but those with a high business IQ will actually put profit, liquidty and equity on the balance sheets.” Over the rest of this decade, Kohl said “the better will get better and the worst are going to fall behind.” Good relationships are also key during tough times. Kohl was a speaker at the North Dakota Ag Credit Conference.
