Session Descriptions

Chattel: More Than Counting Cows

Thursday, August 29, 2024

9:15 a.m. to 10:30 a.m.

The chattel evaluation field has evolved throughout the history of the Farm Credit. Ranging from simple field reports and crop inspections to collateral examinations, the complexity of chattel valuations has evolved from “counting cows” to analyzing complex credits on large, diversified accounts. Join Glen Buttolph, Senior Appraiser and Chattel Evaluator, American AgCredit and John Voris, former Head of Chattel for American AgCredit as they take you through the history of chattel evaluations, the evolution of the chattel process, and current issues.

Learner Outcomes:

1. Understand how the chattel evaluation process has evolved throughout the Farm Credit System and the challenges it faces in the future
2. How we can differentiate evaluations using a risk-based model and effectively implement technology in this process
3. Understanding the balance between the broad knowledge needed for chattel evaluators and subject matter experts in servicing a diversified portfolio over a large geographic area
4. Discuss the concept of chattel evaluator independence and common best practices
5. The need to establish standards and training for chattel/personal property evaluators