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The Farm Credit System (FCS) in the United States is a nationwide network of borrower-owned lending institutions and specialized service organizations. The Farm Credit System provides more than $373 billion (as of 2022) [1] in loans, leases, and related services to farmers, ranchers, rural homeowners, aquatic producers, timber harvesters, agribusinesses, and agricultural and rural utility ...
In 2001, Texas Agricultural Extension Service changed its name to Texas Cooperative Extension, feeling the new name would better reflect its mission and its focus on serving all Texans. [9] In 2007, Dr. Elsa Murano, who was overseeing Texas A&M Agriculture as a whole, implemented another name change. After paying for a consultation from an ...
It was created by the Agricultural Credit Act of 1987 (Pub. L. 100–233) as a federally chartered, private corporation responsible for guaranteeing the timely repayment of principal and interest to investors in a new agricultural secondary market. The secondary market allows a lending institution to sell a qualified farm real estate loan to an ...
The 1994 Department Reorganization Act, passed by Congress, created CSREES by combining the former Cooperative State Research Service and the Extension Service into a single agency. [1] In 2009, CSREES was reorganized into the National Institute of Food and Agriculture (NIFA). [2]
The Farm Security and Rural Investment Act of 2002, also known as the 2002 Farm Bill, includes ten titles, addressing a great variety of issues related to agriculture, ecology, energy, trade, and nutrition. This act has been superseded by the 2007 U.S. Farm Bill.
The Lone Star State also has the most farms and ranches and the highest value of farm real estate in the United States. A total of 127,036,184 acres (514,097.20 km 2) in Texas are occupied by the state's 248,416 farms and ranches. [2] Texas agriculture yields $24.92 billion annually in cash receipts. [3]
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The Farm Credit Administration is an independent agency of the Executive Branch of the federal government of the United States.It regulates and examines the banks, associations, and related entities of the Farm Credit System, a network of borrower-owned financial institutions that provide credit to farmers, ranchers, and agricultural and rural utility cooperatives, as well as provides ...