Farm Credit System Stable and Senate Farm Bill Praised
From the Western Ag Network, I’m Bob Larson with your Agribusiness Update.
**The Farm Credit System remains financially sound, but rising credit risk is becoming a concern as farmers continue facing higher expenses.
The Farm Credit Administration board received an update on agricultural conditions and the System’s performance through June 30.
FCA says the agricultural economy remains pressured by higher costs, although weather and geopolitical supply shocks have created marketing opportunities that could help crop producers’ liquidity this fall.
**Ag groups are praising the Senate Ag Committee’s farm bill for permanently transferring the Food for Peace program to USDA.
U.S. Wheat Associates said the change would better align the international food aid program with USDA’s agricultural expertise and longstanding role in humanitarian assistance.
The group thanked Senate Ag leaders and Sen. Jerry Moran, whose bipartisan amendment was in the bill, noting the move would benefit the hungry and future ag customers.
**Agriculture groups broadly welcomed Senate Ag Committee approval of the Agricultural Act of 2026, calling it a key step towards a long-delayed five-year farm bill.
Farm Credit Council President Christy Seyfert said the bill would help farmers weather ongoing uncertainty.
The National Association of State Departments of Agriculture endorsed the legislation, citing the need for a bipartisan farm bill to address rising input costs, weather-related losses, trade challenges, and rural economic stability.
