Episode 38: Farm Finance and Accounting with Ted Reimers and Robert Holtermann

A banker and CPA – who both also grow almonds – join the Journey to talk about farm finance and accounting. Ted Reimers is the vice president in the agribusiness group at American Ag Credit in Turlock and owns an orchard in Orland. Robert Holtermann farms near Wasco and is also a certified public accountant. Today’s episode highlights both their farming operations and how their perspectives as a banker and CPA have informed the decisions they’re making for their farm businesses. “I grew up in it, but until you actually see how it flows through your checkbook and the struggles that you go through, it just helps you relate a lot better.” - Ted Reimers In Today’s episode:Meet Ted Reimers, almond grower and vice president in the agribusiness group at American Ag CreditMeet Robert Holtermann, a certified CPA and almond producer near WascoDiscover how Reimers and Holtermann apply their knowledge of credit and accounting, respectively, to their farming operationsExplore almond production from a financially focused perspective including lending, operations and the industry’s futureThe Almond Journey Podcast is brought to you by the Almond Board of California. This show explores how growers, handlers, and other stakeholders are making things work in their operations to drive the almond industry forward. Host Tim Hammerich visits with leaders throughout the Central Valley of California and beyond who are finding innovative ways to improve their operations, connect with their communities, and advance the almond industry. ABC recognizes the diverse makeup of the California almond industry and values contributions offered by its growers, handlers, and allied industry members. However, the opinions, services and products discussed in existing and future podcast episodes are by no means an endorsement or recommendation from ABC. The Almond Journey podcast is not an appropriate venue to express opinions on national, state, local or industry politics. As a Federal Marketing Order, the Almond Board of California is prohibited from lobbying or advocating on legislative issues, as well as setting field and market prices.

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