What FCS is Doing, and Not Doing

Bert Ely

American Bankers Association, 1998, vol. 11, issue 3

Abstract: The Farm Credit System was created in 1916 to provide real estate credit to farmers that banks in many cases were barred from providing or were too small to provide. Whatever original justification there was for the FCS has long since disappeared. However, the FCS does have some statutory obligations that it is not meeting today while, at the same time, it is engaging in lending and other activities that clearly contravene any remaining rationale for a government-sponsored ag lender. FCS is not sufficiently focused on serving young, beginning, and small farmers.

Keywords: Agricultural; Finance (search for similar items in EconPapers)
Date: 1998
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/336424/files/ers2022-23-0380.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:abajal:336424

Access Statistics for this article

More articles in American Bankers Association from American Bankers Association > Journal of Agricultural Lending
Bibliographic data for series maintained by AgEcon Search ().