FARM FOUNDATION FORUM “The Task of Rebuilding Rural Infrastructure” October 3, 2017
More than 220 organizations • from across the country • Solutions... • Federal investment Advocating for investment in • alone insufficient infrastructure that recognizes • Streamlined regs and rural America’s needs are requirements fundamentally unique • Creativity and flexibility Infrastructure improvements • long-term perspective • are needed for U.S. to (i.e. no “quick fix”) maintain status as the global leader in agriculture & support rural communities
“Working Group” 3
Coalition Priorities
Farm Credit Facts Customer-owned Cooperative Provides Loans and Financial Services Nationwide Service No Government Funding Created in 1916 100-Year-Old Mission Agriculture Committee Jurisdiction Support rural communities and agriculture with reliable, Regulated by Farm Credit consistent credit and financial services, today and tomorrow. Administration
Supporting Rural Communities and Agriculture Farm Credit Loans $5.5 $11.5 U.S. Ag Exports $27.4 Rural Home Lending Rural Infrastructure $114.5 Farm Co-ops & $249 Agribusinesses $39.6 Billion Farm Production Loans Farm Real Estate Loans $50.3 $billions, 12/31/16
Supporting Rural Communities and Agriculture Farm Credit Funding Flows from Wall Street to Rural America Farmers and Wall Street Ranchers Investors Farm Credit Farm Credit Banks Associations Rural Homebuyers Farm Credit Funding Corp Rural Infrastructure Providers CoBank Ag Co-ops and Agribusinesses 15
Questions? Thank You!
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