Farm Credit Services of America

With the U.S. beef supply likely to remain constrained into 2025, demand will dictate prices moving forward. Analysts at Terrain explore whether consumers will continue to choose historically high-priced beef over other options. https://lnkd.in/g49iMrbK

We host volunteer impact weeks throughout the year at FCSAmerica to support the communities we serve. During a recent impact week in Omaha, teammates contributed more than 250 volunteer hours. While volunteering, teammates: ? Wrapped nearly 48,000 diapers ? Packed 250 three-month period packs ? Assisted with storm clean-up ? Spent the day siding a house ? Prepped and packaged more than 750 meals ? Learned more about mentorship and volunteer opportunities Thank you to the following organizations for allowing us to be part of the important work you do every day – Access Period, Big Brothers Big Sisters of the Midlands, Habitat for Humanity of Omaha, Nebraska Diaper Bank, Omaha Permaculture and Whispering Roots.

Markets anticipated strong yield projections in the September WASDE, and USDA delivered. But our economist Matt Erickson says the good-to-excellent crop conditions mean final yields could be even higher, based on historical trendlines. https://lnkd.in/gsjSDxXC #WASDE

It’s been a great week at Husker Harvest Days connecting with producers from across the state. Teammates and attendees had the opportunity to visit with Governor Jim Pillen and Director of Agriculture Sherry Vinton when they stopped by our building Wednesday afternoon. #HHD24

The Honorable Vincent Logan, Chairman and CEO of the Farm Credit Administration, recently joined us to learn how we are using customer research and innovation to meet the evolving needs of farmers and ranchers. The chairman, members of our executive leadership team and teammates visited a couple of the University of Nebraska-Lincoln’s innovative ag spaces. ? A tour of the Feedlot Innovation Center, highlighting practices and technologies being implemented to enhance agricultural productivity and sustainability. ? A visit to the agtech incubator at the Nebraska Innovation Campus, including pitch presentations from several startups.

Given the decline in commodity prices, risk management is more important than ever. Tune into our latest crop insurance podcast to learn more about our comprehensive risk management review.

Which best describes how your farm or ranch is managed – family-first or business-first? Jolene Brown, an Iowa farmer, posed this question at one of our Women in Ag conferences. Her sage insights are worth revisiting as margins tighten, requiring a greater focus on business-first practices that support productivity and profitability for the good of the entire family. ? 1. Employment on the farm is not a birthright. Younger people should consider working off-farm for a few years. That allows parents to see positive job reviews and growth before returning to the farm. 2. Leaders are made. Education, experience, character and personality determine who leads. This may be someone in the younger generation and not necessarily an immediate family member. 3. Build a strong advisory council. This includes a financial planner to ensure owners can – and do – retire and a family business consultant to keep everyone pulling in the same direction. 4. Identify and work toward common goals. Business-first families understand the importance of interdependence. Everyone – family and non-family – is evaluated based on value and results. Individual contributions determine pay.

We're at the Farm Progress Show this week. Attendees can stop by lot 643 to meet the team and learn about all the ways we can help grow their operations?– from financing to crop insurance options.

We’re heading into an environment where typical levels of insurance purchased aren’t going to cover the cost of production. Area plans, or county-based plans, can help bridge the gap between profit and loss. In this podcast, our SVP of insurance Tony Jesina is joined by crop insurance teammates to talk about area plans, and why they make sense in the current price environment.

Staying on the cutting edge of technology ensures our customer-owners receive the highest quality service in the industry. This is one reason we choose to sponsor the Heartland Developers Conference year after year. ? Several teammates are presenting at this year’s event, in both keynote and breakout sessions. If you’re at the conference, make sure you stop by our booth to say hi.