farm credit

Smart financial planning has never been more important for growers trying to navigate today’s shifting markets.

Farm Credit System Institutions made more than 150,000 loans to young, beginning, and small U.S. producers in 2024.

The American Farm Bureau, in partnership with Farm Credit, has extended the deadline to register for the 2026 Ag Innovation Challenge to June 15.  Chase Heineman, director of industry relations for AFBF, said entrepreneurs who are developing unique and innovative solutions to the challenges farmers and ranchers are facing every day are encouraged to apply.  He says...

The Farm Credit System reported that combined net income increased 3.5% to $1.8 billion and 3.6% to $3.6 billion for the first three and six months of 2022, respectively.  That compares with net incomes of $1.7 billion and $3.4 billion at the same time in 2021. “...

A recent presentation shows Farm Credit institutions increased their support of the young, beginning, and small farmers and ranchers across the country in 2019. “Farm Credit grew and strengthened its commitment to young, beginning, and small farmers and ranchers in 2019 despite the challenges of continued low commodity prices, severe weather events, and an uncertain trade outlook,” says Farm Credi

Rural entrepreneurs have until the middle of next month to apply for the Farm Bureau Ag Innovation Challenge.  The American Farm Bureau Federation, in partnership with Farm Credit, will accept applications for the 2020 Farm Bureau Ag Innovation Challenge through October 14th.  ...

Earlier this week, the Farm Credit System reported combined net income of $5.3 billion for 2018, as compared with $5.2 billion for the prior year.  The system also reported combined net income of $1.3 billion for the fourth quarter of 2018, as compared with $1.5 bi...

Farm income and credit conditions continued to weaken in the first quarter of 2018, but at a slower pace than in previous quarters.   According to the Tenth District Survey of Agricultural Credit Conditions, compiled by the Kansas City Federal Reserve Bank, reduced farm income contributed to intensifying cash-flow concerns and tightening lending standards.  Cash-fl...

Combined net income for the Farm Credit System increased 1.8 percent to $1.27 billion for the first quarter of 2018, as compared with $1.24 billion for the same period last year. President and CEO of the Federal Farm Credit Banks Funding Corporation Tracey McCabe says the system remains “well-positioned” to support farmers as they face challenges this year. Net intere...

Chairman and CEO of the Farm Credit Administration Dallas Tonsager says it’s important that the farm credit system lenders work with producers impacted by Hurricane Harvey.   FCA Board Policy Statement 71 was adopted in 2011 and Tonsager it helps “System institutions to have considerable flexibility under existing FCA regulations to provide disaster relief.”   Some e...