Brad Guse from BMO returns to the Progressive Dairy Podcast to discuss various financial topics ranging from the key aspects of a risk management plan to economics of diversification, profitability strategies, what to expect from interest rates and much more. 

Episode overview:

• [~1:10] Guse’s background/career
• [~1:35] What is going well on dairy farms and where many are struggling 
• [~2:55] Economics of diversification
• [~4:50] Favorite ag lending school terms, including what “earns and turns” means for small and large operations
• [~9:15] Expansion considerations
• [~12:35] Key aspects of a risk management plan
• [~14:15] Advisory teams
• [~19:00] Other profitability strategies
• [~23:35] Interest rates
• [~25:40] What happened this past year that Guse didn’t expect 
• [~27:10] What keeps an ag banker up at night right now
• [~32:25] What Guse is excited about
• [~38:00] Rapid-fire questions