Farm Credit Services of America

Coming together to support those in need is what our community does best. Packing personal products and organizing furniture for delivery are just a couple ways our teammates have pitched in to help those affected by last month’s tornadoes in eastern Nebraska and western Iowa. As an organization, we have also donated a total of $100,000 to four nonprofit organizations on the front line of disaster recovery.

Join our upcoming webinar featuring Jim Wiesemeyer, a Washington Policy analyst. Jim will be discussing the farm bill details released from the House and Senate Agricultural Committee Chairs. With the House Agricultural Committee mark-up scheduled for May 23, Jim’s analysis will offer an insider look at the key title details contained in the proposal. Register today: https://bit.ly/3wNxdbj

Every business gets stuck from time to time – even successful, growing operations. Join our upcoming webinar to learn more about common management growth traps and strategies for overcoming them. https://bit.ly/4bkQKii

Our economist Matt Erickson recently took a deep dive into key indicators like interest rates, GDP growth, labor market trends and more. His advice for producers? Focus on financial efficiency and risk management as we navigate potential margin compression and higher input costs. Matt outlines three financial efficiency ratios for producers to consider: 1. Interest Expense Ratio 2. Expense Ratio 3. Net Farm Income From Operations Ratio 𝗜𝗻𝘁𝗲𝗿𝗲𝘀𝘁 𝗘𝘅𝗽𝗲𝗻𝘀𝗲 𝗥𝗮𝘁𝗶𝗼  (Interest Expense/Gross Farm Revenue) x 100 The interest expense ratio shows how much gross farm income is used to pay for borrowed capital. The lower the interest expense ratio the less reliant a farm is on borrowed capital and the lower its cost of debt. A ratio of less than 10% is desirable; 10% and 16% is stable; and the ratio is at higher risk above 16%. If your operation’s ratio is at higher risk, look for ways to reduce borrowed capital. 𝗘𝘅𝗽𝗲𝗻𝘀𝗲 𝗥𝗮𝘁𝗶𝗼 (Operating Expense – Depreciation – Interest)/Gross Farm Revenue) x 100 This ratio shows the proportion of farm income used to pay operating expenses, not including principal or interest. The lower the ratio the more efficient the farm is at utilizing inputs during production. A desirable ratio is less than 65% and 65% to 80% is stable. Above 80% may be considered higher risk, indicating a farm is overleveraged with operating expenses. 𝗡𝗲𝘁 𝗙𝗮𝗿𝗺 𝗜𝗻𝗰𝗼𝗺𝗲 𝗙𝗿𝗼𝗺 𝗢𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝘀 𝗥𝗮𝘁𝗶𝗼 (Net Farm Income from Operations/Gross Farm Revenue) x 100 This ratio shows how much income is left after all farm expenses are paid. A higher ratio suggests efficiency. Aim for a ratio greater than 15%.

We redesigned our website to make it easier to do business with us, with features tailored to your needs. ✔ Easy-to-use, expanded learning center ✔ Local weather and market information ✔ Recommended products and services aligned to your goals ✔ Online loan applications

Some large food companies and restaurant chains report signs of consumer pushback against higher prices. Terrain shares their perspective on what this and other factors could mean for dairy prices. https://lnkd.in/gN5Asy5p

Thank you for being part of Take Our Kids to Work Day. Our teammates' children enjoyed learning more about the important work you do and helping to pack meals for those who need them.

It was a privilege to participate in and support the American Egg Board in their sponsorship of the 2024 White House Easter Egg Roll. “I enjoyed seeing families from all walks of life engage in the ‘eggcentric’ festivities and learn more about the egg industry.” - Glen Bouchard, VP Corporate Protein – Poultry Attendees participated in many fun, educational events. ✔ Navigated Hen to Home, an educational playground designed to learn about chicken and egg production. ✔ Learned the value of soybeans in a chicken’s diet. ✔ Discovered how and why eggs are candled and graded before arriving at grocery stores. ✔ Competed against producers in the Race a Farmer To Pack a Dozen Eggs contest. #NationalEggMonth

Did you know? Gen Zers represent one-fifth of the U.S. consumer population and more than half of them read food labels. Our analysts at Terrain recently looked into how Gen Z is bringing unique values, attitudes, behaviors, beliefs and even fears to their buying decisions. Learn more: https://lnkd.in/gPdcUqHK

We congratulate Russ Wagner, our chief information officer, on this well-deserved recognition. We're honored to have your leadership and drive for excellence as we continue to innovate to better serve our customers.