News & Blog Posts
About a year ago, former Farm Credit Midsouth intern—and current member—Jenna Martin ran across an ad on social media advertising a nearly two-week-long Brazil farmland tour to be held in January of 2020. After some debate on whether or not to go alone, her dad, Dennis, with whom she farms in Hickory Ridge, decided to join her on the adventure.
“It is an honor to award the Homegrown by Heroes scholarships to these talented students whose families have served our country in the military,” said Arkansas Agriculture Secretary Wes Ward. “We appreciate our partnership with Farm Credit Associations of Arkansas who generously provides the funding for the scholarships.”
On behalf of the Board and Management of Farm Credit Midsouth, we will be taking actions to do our part to protect our employees and members during this state of national emergency. Our primary goal is the health of all; secondarily, we want to ensure we are able to continue to provide financial services to our customers.
$22 million went back into the hands of Farm Credit members across Arkansas in February. Farm Credit finances farms, homes, land, livestock, equipment and more.
Farm Credit Midsouth announced today its board of directors unanimously approved an all-cash patronage distribution for eligible members. The distribution, totaling approximately $6.6 million, will be made this February.
The simple definition of patronage is the name for the capital that a cooperative returns to its customers. What does it mean in real world conditions?
As we look back over the last 10 years, we have seen more than our share of volatility — soybeans from $8 to $17, corn from $3 to $8, rice from $9 to $17 per cwt, cotton from .57 to 2.13 and extremely high temperatures in 2011 to extremely high rainfall in 2018 and 2019. Agriculture volatility is not something new to Farm Credit.