Professional Farm Management Services

Peoples National Bank of Kewanee’s Professional Farm Management Services department provides timely care of Illinois farmland investments for absentee owners. Whether you are local and wish to reduce the burdens of recordkeeping for your farm or a busy absentee landowner, we can help you enjoy ownership of your farm property.

With a personally tailored approach, we assist landowners in reaching their farmland goals using fiduciary responsibility and prudent care for your farm, while prioritizing issues concerning conservation/preservation of your valuable Illinois farmland asset.

We proudly serve local landowners, but also represent the interests of absentee farm owners in 23 states, Washington D.C., and Europe. We enjoy managing farm properties and are involved in this work each and every day. In addition to serving as agent for individual landowners, we also represent limited liability corporations, guardianships, trusts and trust beneficiaries and provide expertise as a court-appointed receiver of farmland.

Farm Management Services Include:

Goal Setting, Marketing, Planning

  • Discuss goals/desires of landowner to determine objectives of ownership
  • Work under the overriding goal of helping farmland owners continue to receive enjoyment of their farmland investment, while relieving the day-to-day burdens associated with management
    • Grain marketing
    • Payment of crop input, insurance premiums, real estate taxes, and other bills
    • Input selection oversight
    • Lease type selection & negotiation
    • Tenant settlements
    • Soil testing and fertility recommendations
    • Tenant selection, when/if required
    • Capital improvement supervision
    • Cooperation with contractors, as required
    • Government program analysis and enrollment
    • Crop insurance analysis and enrollment
    • Demolition project oversight

FINANCIAL ACCOUNTING & REPORTING

  • Transaction reports
  • Income cash recapitulation
  • Financial reports
  • Income & expense budgeting
  • Cash flow budgeting
  • Capital improvement budgeting
  • Delivery of complete financial reporting to your tax professional
  • Timely property inspections with photos/narrative reports
  • Personalized phone, U.S. mail, text, and email correspondence

RESEARCH PLOT

We cooperate with seed corn suppliers annually to plan and oversee a variety research plot (located on a managed farm property) to enhance knowledge of latest available corn hybrids.

SERVICES & SERVICE AREAS

  • Professional Farm Management
  • Farm Consultation
  • Real Estate Brokerage
  • Available to manage farm properties in all PNB market areas

Customer Testimonial

I want to thank you for taking the time to spend the entire day with me visiting the Damgard, Boxer, and Illinois Valley Farms. The ability to meet with all the tenants and be caught up on all the projects that we have initiated was invaluable. Without your leadership and your management skills I suspect I would not have any interest in being in the farming business. You have consistently maximized the returns that I get every year while at the same time suggesting projects that have repeatedly improved yields and increased the value of each and every one of the properties. I only wish that I could make the trip more often, but I’m very pleased to know that you are paying attention to it each and every day. I simply can’t imagine owning land without having the Professional Farm Management Services department of the Dwight Banking Center actively engaged in making sure that everything is done in exactly the right way.

John Damgard, Current Client, Farmland Property Owner

You May Be Interested In

Business Services PNB Kewanee offers an assortment of business services to help you succeed. Explore Business Services
Digital Services PNB Kewanee offers a robust suite of digital services. Explore Digital Services
Mobile Banking Peoples National Bank of Kewanee has free mobile banking. Learn More About Mobile Banking
Agriculture Lending Our Lending Specialists will customize a loan to satisfy your specific needs. Explore Agriculture Loans