Articles tagged under: Farm Credit Administration
FCA Reports More Credit Risk, But at Acceptable Levels
Published December 13, 2019
The Farm Credit Administration is reporting steady earnings and higher capital throughout the Farm Credit System. Credit risk is higher for the year, but it is at acceptable levels. The quarterly report says credit stress is up, but the farm…Farm Credit CEO: Ratify Trade Agreements
Published November 20, 2019
During a House Agriculture Subcommittee on Exchanges, Energy and Credit hearing on Tuesday, Farm Credit Administration CEO Glen Smith told lawmakers the best thing Congress can do to help farmers right now is ratify trade agreements. "The two big issues…MFP 2.0: A Welcome Boost to Farm Income
Published September 16, 2019
Farm Credit Administration CEO Glen Smith says the Market Facilitation Program is a welcome boost to farm income just as much this year as it was last year. In the Northern Plains, Smith says MFP 2.0 will make up about…Smith Takes Over at Farm Credit Administration
Published July 19, 2019
Glen Smith is succeeding Dallas Tonsager as the chairman and CEO of the Farm Credit Administration. Smith is an Iowa farmer who has served on the FCA board. Tonsager, who is a South Dakota native, passed away in May.Farm Credit Administration to Update Risk Models
Published July 12, 2019
At its monthly board meeting, the Farm Credit Administration received a report on a new computer-based guidance system. The computer models manage loan risk. The new guidance that is being developed will replace a program that was put in place…Farm Credit Administration Reviews Farm Financial Situation
Published June 14, 2019
In its monthly meeting, the Farm Credit Administration board reviewed the economic issues affecting agriculture. The report says 2019 crop production is at risk due to wet weather and late plantings, creating pricing opportunities for those farmers with a crop.…