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 →
FCS
How Well Is the Farm Credit System Serving Young, Beginning, and Small Farmers?
One hundred years after Congress first created the Farm Credit System (FCS), a national network of financial institutions owned by farmers and their cooperatives and focused on providing credit to farmers, FCS remains an important source of capital for young, beginning, and small farmers across the country. Last week, the Farm Credit Administration (the regulatory […]