Earlier today, Farm Credit West – a cooperative lending institution focusing exclusively on the agriculture industry – announced strong financial results for 2020 with continued growth in net income, earning assets and capital. These strong results positively positioned the Association to distribute 1.5% of eligible average outstanding loan balances in 2020 to customer-owners in a cash patronage dividend.

The COVID-19 pandemic posed remarkable challenges for California’s farmers and ranchers in 2020. Abrupt shifts in demand caused by restaurant and school closures and a jump in meals prepared at home forced producers to pivot to respond to these market shifts and many farmers experienced significant losses as a result.

Since our last communication on the Paycheck Protection Program, Farm Credit West has monitored the progress of the proposed legislation designed to provide additional relief to those impacted by COVID-19, specifically SBA’s Paycheck Protection Program debt forgiveness process.

The California Agricultural Heritage Club, established in 1948, recognizes the perseverance of the agriculture industry and the pioneers who made it possible. The mission of the club is to honor families, businesses, and special interests that have worked in agriculture for over 100 years.

For 25 years, the Center for Land-Based Learning has provided hands-on education and workforce development opportunities to high school-aged youth and beginning farmers. With its current facility bursting at the seams, Land-Based Learning recently held a ground-breaking ceremony for its all-new home outside of Woodland and Farm Credit is proud to help make it possible.

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.

Growing up in Susanville, in far northeastern California, Cal Zamora had always been exposed to agriculture. His parents had raised chickens and vegetables and had a small orchard. But it wasn’t until he was a Marine deployed to Iraq in 2007 that he really knew that he had farming in his blood.

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.