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Articles tagged under: Farm Credit System

Swanhorst to Retire in ’27

Published February 12, 2026

AgriBank CEO Jeffrey Swanhorst has announced his intention to retire in mid-2027. The South Dakota native started with the Farm Credit System as an intern over 40 years ago and took over as CEO in 2018. A search for Swanhorst’s…
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Modest Income Growth for Farm Credit

Published November 4, 2025

The Farm Credit System reports quarterly net income of $2.1 billion, up more than four percent from a year ago. Net interest income increased by more than six percent. Loan volume was also up.
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Stable Quarterly Income for Farm Credit System

Published August 5, 2025

For the second quarter, the Farm Credit System had net income of $1.94 billion. That’s on par with the $1.93 billion figure in the same period last year. Net interest income rose nearly seven percent to $3.1 billion. Loan volumes…
Latest NewsAg Business

Farm Credit System Reviews Financial Conditions

Published January 9, 2025

The Farm Credit System had over $448 billion in outstanding debt at the end of the calendar year, a 9.2 percent increase from the end of 2023. The increase in interest rates  and the longest-lasting inverted yield curve in history…
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Loan Volume Totals for Young, Beginning and Small Farmers

Published August 9, 2024

At its monthly meeting, the Farm Credit Administration board reviewed its work with young, beginning and small farmers. Twenty-three percent of the Farm Credit System’s total loan volume went to this category in 2023. By loan count, this combination of…
Latest NewsAg Business

Net Income Declines Nearly 2% for Farm Credit System

Published August 4, 2023

The Farm Credit System had net income of $1.78 billion in the latest quarter. That compares to $1.81 billion one year ago. Despite a challenging marketplace, FCS officials said a strong balance sheet allowed them to support the needs of…
Latest NewsAg Business

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. A
Latest NewsAg Business

Farm 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,'…
Latest NewsAg BusinessPolicy

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,…
Latest NewsAg BusinessPolicy

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…
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