The Farm Credit System: Looking for the Proper Balance
The Farm Credit System (FCS) was devised by Congress to enable agricultural banks nationwide to participate in the management of a credit system serving their unique needs, The FCS has traditionally been a strong and reliable source for agricultural loans; however, the current economic stresses in farming has affected its loan portfolio and its operations. The FCS has responded in part by adjusting some current programs and by focusing attention on proposed structural change as well.
