Allendale-Inc – Kyle R. Bumsted

With a deep-rooted background in both hedging and risk management, as well as speculative market ventures tailored to a diverse clientele, Kyle brings a unique dual perspective as both a farmer and cattle feeder and a hedge broker.

His hands-on experience in the agricultural sector enables him to understand the intricacies of the market, which is further complemented by his advisory roles offering fresh viewpoints to various operations. A proficient user of QuickBooks, Kyle frequently assists with personal and entity record-keeping.

Agricultural businesses often grapple with bookkeeping oversight and a limited grasp on their financial stance. Kyle strongly advocates for proactive tax planning and emphasizes the significance of clear-headed market strategies, detaching from emotions.

His deep involvement on both ends of the market, as a producer and end user, mandates that he remain updated on industry trends, especially in grains and livestock. While the tangible measure of Kyle’s success with clients often lies in financial outcomes, he believe in the importance of thoughtful decision-making.

In the ever-evolving market landscape, timing and swift action can make all the difference.