News Releases

Aug 11, 2016

Farm Credit Services of America reported net income of $215.8 million in the first six months of 2016. This compares to net income of $236.7 million for the first half of 2015.

Jul 15, 2016

Unlike last year, when a strong livestock market led to increased demand for pastureland, values on both pasture and cropland are generally down in 2016.

May 4, 2016

Farm Credit Services of America reported net income of $99.9 million in the first three months of 2016. This compares to net income of $113.5 million for the same period in 2015.

Mar 23, 2016

Farm Credit Services of America stockholders elected three producers to the financial cooperative’s Board of Directors.

Feb 16, 2016

Nicholas Jorgensen of Ideal, South Dakota, has been appointed to the Board of Directors of Farm Credit Services of America.

Jan 13, 2016

While cropland values generally held steady or showed slight declines in the last half of 2015, farmland prices overall ended lower for the year in Iowa, eastern Kansas, Nebraska, South Dakota and Wyoming. This marks the second consecutive year that lower commodity prices have put downward pressure on farmland values.

Dec 16, 2015

Farm Credit Services of America (FCSAmerica) has approved a 2015 cash-back dividend of $160 million to its eligible customer-owners. This equals the 2014 cash-back dividend, which set a record for FCSAmerica’s patronage program.

Nov 9, 2015

Farm Credit Services of America (FCSAmerica) reported net income of $369.3 million in the first nine months of 2015. This compares to $373.5 million for the same period last year. Members’ equity increased to $4.3 billion from $4.0 billion at the end of 2014. Total assets at the end of September were $24.0 billion.

Aug 5, 2015

Farm Credit Services of America (FCSAmerica) reported net income of $236.7 million for the first six months of 2015. This compares to $238.8 million for the same period last year. Members’ equity increased to $4.2 billion from $4.0 billion at the end of 2014. Total assets at the end of June were $23.3 billion.

Jul 27, 2015

The decline in farmland values that began in late 2013 has been widely reported, and many have looked for comparisons to the farmland crisis of the 1980s. But the two periods are distinctly different, says Mark Jensen, FCSAmerica’s chief risk officer. Read more to learn why.

May 1, 2015

Net income was $113.5 million compared to $121.5 million for the same quarter in 2014. The decrease in net income was due primarily to an increase in the provision for credit losses and noninterest expense, partially offset by an increase in net interest income and noninterest income.

Mar 27, 2015

The Farm Credit Services of America Board of Directors has appointed L. James (Jim) Kortan of Brookings, South Dakota, as its newest director. He will serve a four-year term, effective April 1, 2015.