Recently, the U.S. Department of Agriculture (USDA) announced an additional $14 billion for agricultural producers who continue to face financial challenges from the COVID-19 pandemic and related market disruptions.
Farm Credit West, a cooperative lending institution focusing exclusively on the agricultural industry, recently announced strong financial results for 2018 with continued growth in net income, earning assets and capital. Farm Credit West benefited from strong earnings as well as geographic and commodity diversity as a result of its activities in California and Arizona.
Farm Credit West, ACA, one of the nation’s largest agricultural lending cooperatives, is proud to announce they will once again be distributing patronage dividends to qualifying member-stockholders as a return on their equity from robust 2018 earnings.
The secretary of the state Department of Food and Agriculture told Imperial Valley growers and officials Wednesday that her agency continues to work to keep agriculture viable in California. At a luncheon sponsored by Farm Credit Services Southwest in Imperial, Karen Ross discussed efforts the state is doing to address key issues such as food safety, labor issues, and the cost of doing business in the Golden State.
A decade ago FarmLink forged a unique approach for farmers and ranchers to gather, discuss, and learn about options for financing. In 2018 we reintroduced the approach with Growing Opportunity: Farm Finance Expo, a day-long event in West Sacramento on March 28. The Expo brought together 62 farmers and 10 lenders along with several partners and speakers.