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Veteran Agricultural Banker Joins AgriCapital

Date Posted: March 15, 2013

New York, NY (March 15, 2013) -- Mr. Jeffrey Lakner, a veteran agricultural banker, farmer and active member of the cooperative industry has joined AgriCapital Advisors' team of executives and professionals, which provides deep industry knowledge.

Mr. Lakner has over 30 years experience in the agribusiness industry. His experience includes ownership of Lakner Farms, a 4000 acre diversified crop and livestock farm located in east-central South Dakota. Previously, he was employed as a financial officer for the Farm Credit System in Iowa and Nebraska. Mr. Lakner has served as a panelist at many Cooperative conferences, including, National Council of Farmer Cooperatives, Texas Agricultural Cooperative Council, Iowa Institute of Cooperatives and the Northeast US Cooperative Council.

He now serves as the Board Vice-Chair of South Dakota WheatGrowers Association, the largest local agricultural-supply cooperative in the United States. Mr. Lakner also serves on the Land O' Lakes Executive Council, Dakotas America Advisory Council, as well as the South Dakota State University Advisory Committee. He is a past member of the 9th Federal Reserve District (Minneapolis) Advisory Council on Agriculture.

RB Halaby, Chairman of AgriCapital, commented: "We are excited to have Mr. Lakner join our team; his strong background will help AgriCapital better serve the needs of production agribusiness including farming and cooperatives."

_____________________________________________________________________ AgriCapital is a specialized investment banking firm focused on agribusiness. It provides advisory services related to mergers, acquisitions, and divestitures; private placements of debt and equity; and corporate finance consulting. Since its inception in 1983, it has been involved in over 500 assignments on behalf of approximately 400 agribusiness globally.

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