FINPACK News + Insights

FINPACK – December Digest

by | Dec 22, 2022

The FINPACK Lenders Conference was back in person, the 2022 FINPACK update is live, new and improved financial ratios, and holiday hours.

FINPACK Lenders Conference

Thank you to everyone who attended the FINPACK Lenders Conference last week. It was a pleasure to see so many familiar faces, and meet so many new members of the FINPACK community! Watch out for upcoming key takeaways from our outstanding lineup of speakers.

Lenders Conference Key Takeaways

Over the coming weeks, we’ll be sharing key takeaways from the 2022 Lenders Conference, starting with Dr. Frayne Olson, crop economist and Associate Professor at North Dakota State University. Watch the video of his conversation with economist Devin Brand, and check back for more Key Takeaways!

New and Improved: Financial Ratios in FINPACK

Economist Katie Wilts Johnson highlights the updated financial ratios in the latest FINPACK update. The ratio updates are based on the recent updates to the Farm Financial Standards Council’s Financial Guidelines for Agriculture. Read her post and let us know if you have any questions or would like to learn more!

FINPACK 2022 Update

Economist and Lead Developer Wynn Richardson gave an overview of the latest FINPACK update at the 2022 FINPACK Lenders Conference. You can learn more here or reach out and let us know if you have any questions.

Holiday Hours

The FINPACK offices will be closed Friday, December 23rd and Monday, December 26th for the holidays. We will be open December 27th through the 29th, then closed on December 30th and January 2nd, 2023. Normal hours resume, Tuesday, January 3rd. We’d like to wish all of our customers, partners, colleagues and friends a safe and peaceful holiday season!

Connect with FINPACK

Don’t forget to follow FINPACK on Facebook, Twitter and Instagram, or connect with us on LinkedIn, and be sure to subscribe to FINPACK News email updates.

David Maguire
Relationship Manager at  | 6123011413 | dmaguire@umn.edu | Website | + posts

David Maguire helps Ag and Commercial lenders across the country understand the value of using FINPACK for credit analysis and loan management. David has worked in the marketing, training and education fields in Minnesota, Ireland and Germany.

Latest News
2027 National School for Experienced Ag Bankers: Register Now!

The FINPACK Team wants to draw your attention to an excellent educational opportunity this summer – the 2025 National School for Experienced Ag Bankers.  The Center for Farm Financial Management has had a long relationship with this school, and our staff serve as part of the teaching team — including members of the FINPACK team — along with a talented group of seasoned ag bankers.

Valuable Resources to Aid in Your Cash Flow Planning

Cashflow Planning and creating projections for farm clients can be challenging and raise multiple questions, especially when creating projections for new customers: How do I create the best cash flow plan for my farm clients? Is the farm's projected cost of production...

Updated Cover Crops Report and Climate Smart Ag Resources

The Center for Farm Financial Management at the University of Minnesota — including FINPACK team members Pauline Van Nurden, Katherine Wilts Johnson, and Mariah Beverly — have collaborated with Mai Lan Hoang and Vincent Gauthier at Environmental Defense Fund (EDF) to produce The Economics of Cover Crops on Minnesota Farms 2023 Data Report.

Financial Planning Month: How to Strengthen Your Credit Relationship

October is Financial Planning Month, yet while many of your agricultural clients are understandably focused on the Fall harvest, the need for a current financial picture is vital. Given that, lenders should encourage their farm customers to take advantage of this time...