Principals of The Center for
Farm and Rural Business Finance
Bruce L. Ahrendsen, Associate Professor of Agricultural Finance, University of Arkansas. Dr. Ahrendsen is a native of Iowa with a B.S. degree in Agricultural Business from Iowa State University and Masters and Ph.D. degrees in Economics from North Carolina State University. He has held a position with the Farmers Home Administration and has been at the University of Arkansas since 1990. His major research interests include issues of farm financial management, agricultural credit evaluation, financial institutions, farmland leasing, and asset valuation. Teaching activities include an undergraduate course in agricultural finance and graduate courses in financial management, quantitative methods, and econometrics.
Delmar K. Banner, Adjunct Professor of Agricultural Law and Finance, University of Illinois at Urbana-Champaign. With degrees in Agriculture and Law from the University of Illinois, Banner is a practicing attorney with specialty areas in farm and agribusiness/cooperative finance, law and policy. A former General Counsel and Senior Vice-President of the Federal Intermediate Credit Bank of St. Louis, he served as Special Counsel to the Farm Credit Administration through the Farm Credit Act Amendments of 1980, and Counsel for the formation of the Federal Farm Credit Banks Funding Corporation, New York, New York. Instrumental in its conception and development, Mr. Banner was General Counsel and then President of The Farm Credit Council, the Washington-Based trade association of Farm Credit Banks and associations nationwide. He is a frequent lecturer to audiences of farmers, lenders and attorneys having participated in educational seminars from Washington D.C. to Washington State. His practice and his teaching emphasize agribusiness and cooperative organizations and the issues associated with their financing.
Peter J. Barry, Professor of Agricultural Finance, University of Illinois at Urbana-Champaign. A native of Illinois with degrees (B.S., M.S. and Ph.D.) from the University of Illinois, Dr. Barry's professional experience includes two years at the University of Guelph, Ontario, Canada and eight years at Texas A&M University. He has been at the University of Illinois since 1978. His research activities include studies of credit evaluation in agriculture, farm financial management, risk management, performance of financial markets for agriculture, asset/liability management and loan pricing by financial institutions, asset valuation and investment analysis. His service and outreach activities have involved the American Bankers Association, the Farm Credit System, the Farm Credit Administration, the National Planning Association, and numerous other groups. He served a five year term as editor of the American Journal of Agricultural Economics and has served as President of the American Agricultural Economics Association. Dr. Barry was recently named a Fellow of the American Agricultural Economics Association, the association's highest honor.
Bruce L. Dixon, Professor of Agricultural Economics and Economics, University of Arkansas. Dr. Dixon holds a B.A. in Economics from the University of California at Santa Barbara and a Masters and Ph.D. in Agricultural Economics from the University of California at Davis. Prior to joining the faculty at the University of Arkansas, he was on the faculty of University of Illinois. Dr. Dixon's areas of expertise are econometric analysis with applications to agricultural finance. Dr. Dixon is recognized for his quantitative expertise and served as an associate editor for the American Journal of Agricultural Economics and the North Central Journal of Agricultural Economics. He is currently involved in assessing guaranteed loan programs and Chapter 12 of the bankruptcy Code.
Paul N. Ellinger, Associate Professor of Agricultural Finance and Adjunct Associate Professor of Finance, University of Illinois at Urbana-Champaign. Paul Ellinger is an associate professor with a joint appointment with the Department of Agricultural and Consumer Economics and Department of Finance. Dr. Ellinger has B.S. and M.S. degrees in Agricultural Economics and a PhD degree in Finance. All degrees are from the University of Illinois. Dr. Ellinger was on the faculty at Texas A&M University for three years prior to his position at the University of Illinois. His major research activities include merger activity and performance of financial institutions, artificial intelligence applications in finance and management, firm-level financial management, and firm level simulation and optimization modeling. Teaching activities include undergraduate courses in financial intermediation, market and business planning, and farm management and a graduate course in agricultural finance.
Ani L. Katchova, Assistant Professor of Agricultural Finance, University of Illinois at Urbana-Champaign. Ani is an assistant professor of Agricultural Finance in the Department of Agricultural and Consumer Economics at the University of Illinois. Dr. Katchova has an M.S. degree in Economics and a Ph.D. degree in Agricultural Economics from The Ohio State University. Her research is in agricultural finance and her recent research activities include land valuation, debt and leasing in agriculture, farm diversification, and credit risk. Teaching activities include an undergraduate course in statistics and a graduate course in agricultural finance.
Bruce J. Sherrick, Associate Professor of Agricultural Finance, University of Illinois at Urbana-Champaign. Bruce is an associate professor of Agricultural and Applied Finance in the Center for Farm and Rural Business Finance at the University of Illinois. He teaches undergraduate classes in financial management, agribusiness finance, and graduate courses in the theory of financial decision making. His research interest areas include financial market performance, modeling of financial firms, asset valuation, and nontraditional capital suppliers. Bruce completed his Ph.D. at The Ohio State University and joined the faculty at the University of Illinois in 1989.
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