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 Strong performance in the agricultural sector means that those doing business with agricultural producers may be very healthy themselves.

Northwest Farm Credit Services announced 2011 first quarter earnings of $42.2 million, compared to first quarter 2010 earnings of $41.1 million. President and CEO Phil DiPofi said, “Our solid first quarter earnings as a lending cooperative reflect the strength of the agricultural economy and good performance of our customer-owners.” I asked their executive vice president and chief financial officer Tom Nakano about the mission of Northwest Farm Credit Services: “Our mission is to provide affordable financing and financial services to ag related industries and businesses and farmers and ranchers and basically rural America. So that’s our primary mission.”

 So I’m not trying to do an infomercial for this company. I just happen to know the inside people, they know agriculture like the back of their hands and they are willing and able to help agricultural producers  obtain funding for their businesses. That’s a good thing… isn’t it?