Articles tagged under: Farm Credit System
Strong Balance Sheet for Farm Credit System
Published May 5, 2022
First quarter net income for the Farm Credit System increased nearly four percent, reaching $1.8 billion. Despite supply chain disruptions, inflation and the war in Ukraine, FCS cited positive loan growth and a strong balance sheet. AFarm Credit Leaders Address Appropriations Subcommittee
Published April 2, 2019
The financial challenges in agriculture were highlighted in the House subcommittee hearing Tuesday. Compeer Financial President and CEO Rod Hebrink also offered his perspective on the farm economy. "The crop and livestock sectors we serve are best described as 'struggling,'…FCS Leaders Present Ag Outlook for 2019
Published January 17, 2019
The leaders of three Farm Credit System banks, including AgCountry Farm Credit Services President and CEO Marc Knisely, were in Washington, D.C. Wednesday to present the agricultural credit outlook for 2019. Knisely said large commodity supplies are impacting prices across-the-board,…Farm Credit Loan Volume Up
Published May 8, 2018
Combined net income for the Farm Credit System increased 1.8 percent to $1.27 billion for the first quarter of 2018. Net interest income was $2 billion for the first quarter of 2018, compared to $1.9 billion for the first quarter…