Michael Swanson, senior vice president, agricultural economist and consultant with Wells Fargo, the largest commercial agricultural lender in the United States, speaks on Thursday, April 30 at the UNM Anderson School of Management. Swanson presents, “Chile, Pecans, and Natural Resources – More Closely Linked Than You Might Have Thought,” as part of the Boerigter Business Breakfast Program.
His presentation examines the issue of “Global Environment – Local Execution.” Swanson says that several policies that helped farm income grow at above average rates have started to fade. As they move into a new phase, agricultural producers and processors will need to revisit strategies that will allow them to differentiate themselves in a flat commodity price market.
Swanson's responsibilities include analyzing the impact of energy on agriculture, forecasting for key agricultural commodities, such as wheat, soybeans, corn and cotton; and livestock sectors, such as cattle, dairy and hogs. Additionally, he helps develop credit and risk strategies for Wells Fargo customers, and performs macroeconomic and international analysis on agricultural production and agribusiness.
Craig White, interim dean at the Anderson School, said the agriculture sector plays an important part in New Mexico’s economy. “The overall success of the state is intertwined with the health of its underlying industries," White said. "From cattle ranching to potash mining, agriculture-related activities are a major component of New Mexico business. We are looking forward to hearing Mr. Swanson’s assessment of the status of the U.S. agriculture sector and that of New Mexico.”
The Boerigter Business Program is held at the Embassy Suites located at 1000 Woodward Pl. NE. A light breakfast will be served at 7:30 a.m. The public is invited to attend free of charge, but RSVPs are required. To register, go to www.mgt.unm.edu or contact Felicia Rodriquez at (505) 277-1504.
UNM Anderson hosts the Boerigter Business Breakfast Program presenting relevant topics of interest to Anderson's community of friends. The UNM Anderson Boerigter Business Breakfast Program is sponsored by the Anderson School and made possible by the generosity of George and Sibilla Boerigter and SoundOff Signal.