Whether it’s managing risk associated with high prices, a drought or the lack of a farm bill, Farm Credit Services of America shared with us at the National Association of Farm Broadcasting’s Trade Talk that producers are always #1 in their mind.
Doug Stark, President and CEO of Farm Credit Services of America, spoke with me about how producers can take advantage of the servies they have to offer.
“There is a lot going on in agriculture right now. Certainly the drought and the weather has occupied most producers minds throughout this year. But fortunately we have crop insurance, which was a great safety net. That leads to the farm bill and the debt deficit and getting something done there. It’s been an interesting year and challenging year in a lot of regards, but at the same time producers are doing well.”
“There are some really good opportunities out there in agriculture and we are seeing that the Farm Credit system is really doing a good job stepping up and financing producers when they need credit to expand and grow and buy land in some cases at record prices. And in other cases we just need to support them because they were impacted by the drought and by high feed costs.”
Listen to my complete interview with Doug here: Doug Stark - Farm Credit