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As the FOMC once again votes
to increase the federal funds rate, they also announced a plan to begin
reducing the Fed balance sheet. While no start date has been identified, once
the tapering begins, how will these actions affect your own rate terms?
Below average precipitation
in June, combined with delays in planting and replant due to flooding has
resulted in an uneven crop across Illinois. As one of the most important
growing months in the Corn Belt, Eric Snodgrass examines the weather pattern
for July and how it relates to your crops.
Farm transition planning is
crucial to all family farming businesses and getting started can be the hardest
part. Following January Farm Credit College educational workshops, Dr. Ferrell
answers FCI member questions on having "the talk."
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.
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.
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Equal Opportunity Employer and Equal Credit Opportunity Lender