farm credit administration

Last week, Senator Chuck Grassley announced plans to reintroduce the Farm Credit for Americans Act.  The legislation bans the federal government from allowing foreign individuals to obtain credit and financial services through the Farm Credit System.  The Iow...

The Farm Credit Administration received a quarterly report on economic issues affecting U.S. agriculture and an update on the performance of the Farm Credit System.  Inflation and rising interest rates continue to be major economic issues despite a recent slowdown in inflation.  Consume...

The Farm Credit Administration ramped up efforts to support young, beginning and small farmers and ranchers during the course of the pandemic. FCA vice president, Mark Hayes, said ​funding young and beginning farmers is crucially important since they are the future of the industry. And he noted, ...

Despite the problems farmers and ranchers have had because of the pandemic, Glen Smith, chairman of the Farm Credit Administration, said the overall farm economy is in "remarkably" good shape. Smith recently added if you want to know the financial condition of the farmers, ask their lenders ...

Record agricultural exports are contributing to favorable economic conditions for the U.S. farm sector. Exports to China have risen to record levels, with increases in soybeans, corn, wheat, and cotton. High crop prices and strong producer margins are expected to bring more acreage into production, but continuing drought in much of the western United States is a concern ...

The head of the Farm Credit Administration recently told House Ag lawmakers that concluding pending trade deals is probably the most important thing Congress can do to help the depressed farm economy.  FCA Chair and CEO Glen Smith said restoring farm profitability is his top concern, but it will take more than the well-capitalized and sound farm credit system he claims exists today.  ...

A quarterly review of the Farm Credit System shows reported steady earnings and higher capital, but a decline in loan quality, so far, in 2019.  The Farm Credit Administration received the report last week that outlines economic issues affecting agriculture, with an update on the financial condition and performance of the Farm Credit System.  ...

A quarterly review of the Farm Credit System shows reported steady earnings and higher capital, but a decline in loan quality, so far, in 2019.  The Farm Credit Administration received the report last week that outlines economic issues affecting agriculture, with an update on the financial condition and performance of the Farm Credit System.   ...

President Trump has designated Glen R. Smith as chairman and CEO of the Farm Credit Administration. The designation was made effective last week. Farm Credit has examination and regulatory authority over the Farm Credit System, with oversight by Congress...

The Farm Credit Administration is encouraging Farm Credit System lenders to work with borrowers who have been affected by the extensive flooding in the Midwest.  The mid-March “bomb cyclone” dropped heavy rain and triggered massive snowmelt, which led to widespread flooding in the Midwest, particularly in Nebraska and Iowa.  Known damages ...