Family Credit Administration (FCA) Board Receives Quarterly Report on Conditions in Agriculture and the Farm Credit System

Excerpt:  “Through the first nine months of 2022, the System reported favorable financial results, including continued loan growth, increased earnings, and robust capital levels despite some decline in the System’s capital-to-asset ratio. Portfolio loan quality remained strong although producers in certain agricultural sectors and geographic regions face challenging operating conditions. Overall, System institutions are financially sound and well positioned to meet the credit and liquidity needs of agricultural producers and rural America.”