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If you have ever considered serving on Farm Credit's nominating committee or board of directors, the 2017 nominating committee wants to know. Fill out a candidate interest form to submit your name and information by July 15. Following the deadline, the committee will review potential candidates to present at the Association's 2017 annual meeting.
The loan calculator is a handy tool to compute a loan's
payment amount at various payment intervals based on the principal amount
borrowed, the length of the loan and the annual interest rate. It will also create an amortization schedule report for you.
Is volatility in farming a
friend or a foe? And how is today different from the 80s? FCI’s Steve Witges offers his insight and
expertise on these questions in this issue of Staying Power.
Following the increase in
the Fed Funds Rate at the FOMC meeting in March, the committee predicts at
least two more .25% rate hikes before the end of the year. Higher interest
rates traditionally have several domino effects, many of which impact the agriculture
industry - from land to export to
The recipients of nearly $50,000 of scholarships to high school seniors throughout central and southern Illinois pursuing agriculture-related majors and future careers were announced last week by Farm Credit Illinois. FCI awarded 24 high school seniors a $2,000 agriculture scholarship; two are designated as Urban Agriculture Scholars.
Emotions can hinder any
business decisions in both the prosperous and challenging times. While those
hasty decisions may not break an operation in the good times, farmers must
interject logic through proactive planning and objective assessment to ensure their
business remains sustainable and profitable as the economic reset continues.
Farm Credit Illinois is maintaining a list of upcoming farmland auctions in the Association's 60-county marketplace. If you have an auction to include, please submit a form at www.farmcreditIL.com/auctioninfo or send a web link of the auction sale bill to info@farmcreditIL.com.
Do you produce retail agriculture products that
are sold locally? Help FCI celebrate farm fresh retail products grown and sold
by members. If your operation includes a retail ag business, sign up to be
featured in the Farm Fresh Members Market.
Farmers with the staying power to endure twists
and turns possess common traits and practices through both the prosperous and
challenging cycles of the ag economy.
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Equal Opportunity Employer and Equal Credit Opportunity Lender