Latest News and Updates from Farm Credit
Stay informed with the latest updates from Farm Credit. Discover news about our customers, programs, awards, and farmer support initiatives.
Farm Credit System Reports 2024 Third Quarter and Nine-Month …
November 1, 2024. NEW YORK - The Farm Credit System today reported that combined net income was relatively stable at $1.98 billion for the third quarter of 2024, as compared with $2.00 billion for the third quarter of 2023. For the nine months ended September 30, 2024, System combined net income increased 7.3% to $5.91 billion, as compared with $5.51 billion for the same period of the prior year.
Farm Credit Watch: FCA board’s untenable situation, the risk of …
Jul 30, 2024 · Continued consolidation of FCS associations ring alarm bells in Congress about the capacity of the Farm Credit System Insurance Corporation to fully insure the funds lent to any FCS institution by the Federal Farm Credit Banks Funding Corporation.
Newsroom - Farm Credit Administration
March 14, 2024. FCA board holds March meeting (PDF) News release archive. FCA’s mission is to ensure that Farm Credit System institutions and Farmer Mac are safe, sound, and dependable sources of credit and related services for all creditworthy and eligible persons in …
Farm Credit Administration
Nov 7, 2024 · News release: Farm Credit Administration announces key staff selections (PDF) April 13, 2023. News release: FCA board receives quarterly report on conditions in agriculture and the Farm Credit System (PDF) Quarterly Report on FCS Condition (PDF) April 6, 2023. Agenda for April 13 FCA board meeting.
Farm Credit Welcomes House Farm Bill
The bill includes another bipartisan proposal to help rural communities build and improve critical community healthcare and other facilities by encouraging private sector financing partnerships between community banks and Farm Credit.
Farm Credit Welcomes Infrastructure Legislation
WASHINGTON, D.C. – Farm Credit Council President and CEO Todd Van Hoose made the following statement on the Infrastructure Investment and Jobs Act passing in the House: “Farm Credit thanks President Biden and bipartisan congressional leaders for their tremendous efforts to deliver the Infrastructure Investment and Jobs Act and its much ...
Three Midwestern Farm Credit Associations Announce …
Dec 28, 2023 · AgCountry Farm Credit Services, Frontier Farm Credit and Farm Credit Services of America announced they have signed a collaboration contract. The three boards will share leadership,...
FCA: Conditions in agriculture and the Farm Credit System
Jun 13, 2024 · The Farm Credit Administration’s quarterly report provides an update on economic issues affecting agriculture, together with an update on the financial condition and performance of the Farm Credit System (System) as of March 31, 2024.
USDA Provides Payments of nearly $800 Million in Assistance to …
Oct 19, 2022 · USDA provides access to credit to approximately 115,000 producers who cannot obtain sufficient commercial credit through direct and guaranteed farm loans, which do not include farm storage facility loans or marketing assistance loans. With the funds and direction Congress provided in Section 22006 of IRA, USDA is taking action to immediately ...