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Why Congress Should Mandate a Farm Credit Grant

May 15, 2023

The Farm Credit System (FCS), agriculture’s government sponsored enterprise (GSE), is a nationwide network of customer-owned lenders with a mission to support rural communities and agriculture. The National Sustainable Agriculture Coalition (NSAC) 2023 Farm Bill Platform includes a proposal that requires FCS, agriculture’s GSE, to grant 15 percent of its annual profits to support underserved producers and food systems enterprises. These grants will build upon successful programs already facilitated by some Farm Credit associations and help fulfill its mission and public mandate to serve young, beginning, and small farmers and ranchers. … Read More →

Filed Under: Beginning and Minority Farmers, Carousel, Commodity, Crop Insurance & Credit Programs, Farm Bill, Local & Regional Food Systems, Rural Development

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