Farm Credit System

New lender dedicated to Native American producers

The Native American Agriculture Fund, a trust created by the settlement of the Keepseagle class action lawsuit against the USDA, said on Wednesday it would invest $12 million to set up a lender dedicated to working with Native American producers.

Financial stress rising in farm sector

The margin for error is shrinking in the farm sector as financial stress, measured by rising debt loads and the erosion of working capital, is rising, said Todd Van Hoose, chief executive of the Farm Credit Council on Wednesday.

What farm credit mergers mean to family farmers​

The latest in a series of mergers that are remaking the business of farm credit in America will, in early July, bring together three lenders in the upper Midwest, AgStar Financial Services, Badgerland Financial, and 1st Farm Credit Services. The new Wisconsin-based institution, to be called Compeer Financial, will hold over $18 billion in assets and will be the country’s third-largest farm credit association.

Bankers criticize ag lending rival Farm Credit System

The American Bankers Association told the Senate Agriculture Committee that the government-sponsored Farm Credit System, one of the three major sources of credit for farmers and ranchers, ought to narrow its scope. The FCS was created in 1916 as a borrower-owned co-operative farm lender but …