A boots-on-the-ground lender with passion for ag

Harvest Capital Company: A boots-on-the-ground lender with passion for ag

By BRENNA WIEGAND
For the Capital Press

Harvest Capital Company of Canby, Ore., founded in 1992, is one of the largest independent commercial agricultural real estate lenders in the region and the Northwest Ag Show’s presenting sponsor.

“We’ve grown from an idealistic desire to serve agriculture and the business of real estate finance in agriculture to almost a billion-dollar player in the Northwest,” founder Brian Field said. “Harvest Capital is a boots-on-the-ground lender. We are intimately and integrally involved with each one of our borrowers through the experience of structuring their operation with long-term financing, from start to finish.

“It’s not just about money to us,” Field said. “It’s an ingredient for the stabilization of balance sheet structure and success for our family farms and ranches scattered throughout the Northwest.

“We want to enhance and add to that picture and we do that through very intense planning involving not only our customer’s agricultural real estate finances, but quite often, their entire structure into the future,” he said.

“We are involved in all aspects of assisting our customers with whatever their needs are, but at the base we are commercial land real estate lenders,” Field said. “That’s the one thing we do, we do it with passion for our producers and our industry and we don’t miss very often.”

One of the top things Field encourages farmers not to do is put all their financial eggs in one basket.

“If you’ve got two farms and they’re 22 miles apart, throwing those farms into the same mortgage is not beneficial to the ownership of the farm,” he said. “Separating them gives farmers leverage on their terms rather than on the dictated terms of their lender.”

Farmers, ranchers and agribusiness people accept special risks and face very specialized challenges, he said.

“In order to meet those challenges, they will need the most advanced credit services and presentation techniques available and we provide the tools, ability and experience today to help them finance tomorrow’s agriculture,” Field said.

An integral part of Harvest Capital’s success is the extensive ag experience of its employees.

“We spend a lot of time and money looking for the leadership background inspired through our high school FFA programs and finely tuned through our ag colleges,” Field said.

Field currently is on FFA’s National Board of Trustees.

“These students are part of the future of American agriculture, something the public should be aware of and be sure to support,” Field said. “Trades are what make this nation tick and agriculture and the FFA are the cream of the crop.”

Representatives of Harvest Capital will be available during the Northwest Ag Show to answer visitors’ questions.

HydroSide Systems make irrigation easier

HydroSide Systems make irrigation easier

By BRENNA WIEGAND
For the Capital Press

“Why didn’t somebody think of this sooner?”

Dana and Sharon Mohr of HydroSide Systems hear it all the time.

The Post Falls, Idaho, start-up company received national affirmation that the time had come when they won the 2020 American Farm Bureau Entrepreneur of the Year and were awarded $30,000 to help grow the business.

HydroSide’s patent-pending system is powered by a self-charging hydroelectric platform. This is done by harnessing the power of the fast-moving water in the irrigation line. The water spins an inline turbine that powers the electric drive and move wheel line, traveling gun and traveling boom irrigation setups.

The challenges that Sharon’s brother faced moving irrigation rigs as a farmhand in Hamilton, Mont., inspired them to seek a solution.

“We were talking about how labor-intensive wheel line irrigation was and doing our best to solve the problem and, in the process, also developed a way to fully automate a hose reel,” Dana Mohr said.

Wheel line movers can be remotely operated, and hose reels can “drive” themselves.

“No more walks to the middle of a wheel line to move a unit 60 feet and no more running a tractor to a field for another hose pull for a traveling gun,” Mohr said. “…And they have access to all their water usage consumption and other performance data in the palm of their hand.

“We added precision irrigation technology so that they can optimize their operations,” Mohr said. “With our integrated GPS, our units are accurate to within 2 inches.”

Though they have done little advertising, they are getting calls from farmers across the U.S. and from as far off as Norway who want to use their equipment. They are now taking orders for their hydroelectric wheel line movers, which will be ready for delivery in March. The autonomous hose reel mover debuts in May.

The Northwest Ag Show will give Mohr and company a good opportunity to answer the questions they receive from growers all the time, starting with how it works and why they should consider HydroSide.

“We can dramatically reduce their labor costs and that is very quantifiable,” Mohr said. “That is one of the areas where we see growers’ eyes just light up.

“On top of that, HydroSide has a more efficient delivery of water that doesn’t depend on someone having to get up in the middle of the night to keep the schedule going.”

Coastal Farm & Ranch growing to offer new products, services

Coastal Farm & Ranch growing to offer new products, services

By BRENNA WIEGAND
For the Capital Press

From its humble beginnings in Albany, Ore., in 1963, Coastal Farm & Ranch has grown to 19 locations in Oregon and Washington, all while keeping in sight its mission to retain that hometown feel.

“Even though we’ve stretched out and expanded quite a bit in the last couple years it still has a small local feeling,” Brand and Culture Coordinator Meg Walker said. “We also pride ourselves on having something for everyone.”

Coastal Farm & Ranch is a major sponsor of the Northwest Ag Show again this year. Also, visitors who sign up for the ag show online will be entered in a drawing for a $500 Coastal gift card.

Coastal’s newest stores are in Monroe, Wash., and Salem, Ore.

“Even before we opened our store in Monroe, we were already making connections in the community,” Walker said. “We’re always looking for ways to get plugged in, including 4-H, FFA and local humane societies.”

Coastal’s new flagship store in Salem is large and offers an array of new products and services.

“It’s an experience on a whole new level,” Walker said. “For the first time we have an entire setup where people can bathe their dogs — tubs, shampoo, grooming tables, blowers, a pet vacuum — everything you need for only $10.”

Coastal already partners with Good Neighbor Vet to offer mobile vet care at many of its stores, but Good Neighbor has installed a location in the Salem store where the services include diagnostic testing and other procedures not possible in a visiting van.

Coastal’s new Salem store also brings the heat.

“People are surprised that we have a fantastic stove department,” Walker said. “Our Salem location has over 20 working stoves — wood, gas, pellet, electricity — as well as all the grills.

“A lot of people think ‘farm and ranch’ and assume we just sell cattle feed, panels and livestock handling equipment,” Walker said. “We’ve got everything from clothing for work or Western fashion for going to the rodeo all the way to hunting and fishing supplies.

“Most customers don’t expect our large sporting goods section,” she said, “but we have realized that many people who live the lifestyle we serve like to relax that way.”

Hunting, fishing or camping is often what they do to unplug and recharge, she said.

“The virtual show will enable us to showcase a larger sampling of our products vs. just the space of a physical booth,” she said. “It will be really interesting to experience the ag show on a whole new level and reach a lot more people, and the fact that the show will still be available even beyond that weekend will be huge to people.”

All of the features of the show will remain available online for a year.