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Balanced Reporting. Trusted Insights.
Tuesday, April 15, 2025
Christy Seyfert, executive director of government affairs for the American Soybean Association, has been selected as the new president and CEO of the Farm Credit Council, succeeding Todd Van Hoose, who is retiring.
The Southern Farmers Financial Association is being established by the Biden administration to help small farmers in high-poverty areas of the South get access to capital.
Agricultural lenders in the Farm Credit System must have a plan of action on how they will service and enhance their relationships with young, beginning and small (YBS) farmers as part of a rule approved this fall by the Farm Credit Administration board.
The Farm Credit Administration Board has granted approval for a final regulation that governs the provision of services to young, beginning, and small (YBS) farmers and ranchers within the Farm Credit System.
A quarterly report submitted to the Farm Credit Administration shows growth in the Farm Credit System was slower at the beginning of this year compared to the last three, something economists attributed to rising interest rates and seasonal lending fluctuations.
Community bankers are rallying around a proposal that would provide banks with tax exemptions on interest earned from agricultural real estate or home loans in communities whose populations are below 2,500.
President Biden is expected to sign his executive order today addressing concentration in agribusiness, transportation and other sectors. Agriculture Secretary Tom Vilsack will be in Council Bluffs, Iowa, to promote the White House initiative.
Lawmakers can now turn their eyes toward next Wednesday when Joe Biden will be inaugurated as president after Donald Trump was impeached by the House for a second time. The Senate won’t take up the impeachment before Trump leaves office.
President-elect Joe Biden has selected some familiar names to lead key agencies in his new administration, including Tom Vilsack to lead the Department of Agriculture.
