Articles tagged under: Bell Bank
Farmers are Eligible for the Second Paycheck Protection Program
Published March 31, 2021
Bell Bank Senior Vice President for Agribusiness Development Lynn Paulson says Northern Plains farmers have interest in the Paycheck Protection Program. "Overall, I think there's still a benefit. Farmers may be eligible and should check with their lender or tax…Agriculture in a Post COVID-19 World
Published September 17, 2020
This past spring the world was turned upside down when the coronavirus pandemic hit. COVID-19 will have long-term impacts on the agriculture industry. "It pointed out vulnerabilities we had in the ag and the food chain," said Marc Knisely, CEO,…Uncertainty in Agriculture is like “Throwing a Rock in a Pond”
Published April 20, 2020
Agriculture was already dealing with a challenging economy, even before the COVID-19 pandemic started. According to Bell Bank Senior Vice President Lynn Paulson, farm program payments through the Market Faciliation Program and WHIP-plus did help the balance sheet come loan…Paulson: Ag Economy is Mixed Bag
Published July 1, 2019
Bell Bank Senior Vice President and Director of Agribusiness Development Lynn Paulson says the current state of the agriculture economy is a mixed bag. "We've had five or six consecutive years where it's been difficult for agriculture. There is some…A Divergence Between Farmers
Published April 5, 2019
As farm loan renewal season wraps up, Bell Bank Director of Agribusiness Development Lynn Paulson says there a growing gap between farmers that are doing okay and those who are struggling. "The ones that are doing okay seem to be…Financial Management Skills a Must for Farmers
Published September 28, 2018
Bell Bank senior vice president Lynn Paulson says cost control and management skills will be a must this winter. "We're still on the heels of that super-cycle when things were really good and farmers often think the situation we're in…Know Your Cost of Production
Published July 31, 2018
Today’s farmer may be dealing with lingering effects from the super-cycle of 2006-to-2012. That includes high family living expenses or land costs. Bell Bank Senior Vice President Lynn Paulson says farmers can weather this downturn in the farm economy. "A…A Strong Business IQ Needed
Published July 31, 2018
With very tight margins, Virginia Tech professor emeritus David Kohl is urging farmers to be proactive, not reactive. Speaking at Bell Bank events in Fergus Falls and Moorhead, Kohl said farmers need a solid business IQ. Kohl says there is…