ImageYBS.jpg

Young, Beginning and Small Farmers

Young, beginning and small farmers are vital to the economic health of our rural communities and because of that Farm Credit Services offers several programs to assist young, beginning and small farmers in entering and remaining in the farming profession. 

Who are Young, Beginning or Small Farmers?

Customers who meet at least one of the following criteria:

  • Young - 35 years of age or younger
  • Beginning - Less than 10 years agricultural experience
  • Small - Farm production is less than $250,000 annually

Unique programs offered to young, beginning and small farmers 

  • Special Underwriting Program for young and beginning farmers - Farm Credit has created special underwriting standards on loans for agricultural purposes to young and beginning farmers
  • FSA Loan Guarantee Reimbursement for young or beginning farmers - Farm Credit waives our origination fee and reimburses young or beginning farmers for 50% of the Farm Service Agency guarantee fee.
  • Continuing Education Program for young or beginning farmers - Young or beginning farm customers will be reimbursed up to $500 (one time only) when they attend business, production, financial management or agricultural leadership development programs that will help them in their farm business.

These unique programs are available for young, beginning and small farmers in our service territory of Indiana, Kentucky, Ohio and Tennessee.  Contact your office today to see if you can qualify.

Farm Credit has an historic mission to serve U.S. Agriculture. What's more, the Farm Credit Act requires Farm Credit System lenders to develop locally tailored programs specifically focused on meeting the needs of young, beginning and small farmers.  Attached are the results of a system-wide survey on how those needs are being met.

Young, Beginning and Small Farmer 2008 Survey