Farm Credit Services of America

“For young and beginning producers, working capital is the first place we start to see wealth built.” Tune into our latest Side by Side Digital podcast to hear young and beginning relationship officers Evan Babcock, Corey Bacon and Robbie Alexander share insights on how to capitalize on profitable years and pivot to thrive during tough ones. Listen on our website or search "Side by Side Digital" in your favorite podcast app.

Our summer 2025 internship opportunities are now open to applications. Our internship program is a great opportunity for college students to gain experience, working alongside our teams on projects integral to our business. We have openings in a variety of areas – application development, agricultural lending, customer experience and more. Positions fill quickly. Link to apply in the comments.

Jim Knuth, our Iowa SVP, spoke with Farm Progress about how to assess working capital as we head into 2025. He shared two questions farmers need to answer when considering capital purchases. ⬇ Link to full article in the comments.

Our economist Matt Erickson discusses the key indicators shaping the Federal Reserve’s next interest rate moves and possible impacts on agriculture.

Sage words can help set you up for success when you are getting started in agriculture. Here are three pieces of advice from a panel of financial advisors at our most recent Side by Side conference for young and beginning customers. ⬇ 𝗞𝗻𝗼𝘄 𝗪𝗵𝗲𝗿𝗲 𝗬𝗼𝘂 𝗪𝗮𝗻𝘁 𝗧𝗼 𝗚𝗼 Understanding your priorities and goals is one of the most important skills in agriculture because there will be tons of opportunities to chase. You need to make sure you are chasing the right ones. Especially for young producers, it’s important to think through your strategy.  – 𝘗𝘢𝘳𝘳𝘺 𝘉𝘳𝘪𝘨𝘨𝘴, 𝘙𝘝𝘗 𝘰𝘧 𝘓𝘦𝘯𝘥𝘪𝘯𝘨 𝗕𝘂𝗶𝗹𝗱 𝗬𝗼𝘂𝗿 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗔𝗰𝘂𝗺𝗲𝗻 Be sharp with your pencil. Going line item by line item, using last year’s transactions, can be eye opening – and uncomfortable. But a lot of times that is when we start seeing some surprises financially. – 𝘙𝘢𝘤𝘩𝘦𝘭 𝘙𝘦𝘩𝘥𝘦𝘳, 𝘝𝘗 𝘰𝘧 𝘊𝘳𝘦𝘥𝘪𝘵 𝘜𝘯𝘥𝘦𝘳𝘸𝘳𝘪𝘵𝘪𝘯𝘨 𝗟𝗲𝗮𝗻 𝗼𝗻 𝗬𝗼𝘂𝗿 𝗔𝗱𝘃𝗶𝘀𝗼𝗿𝘆 𝗧𝗲𝗮𝗺 Make your lender and your vendors earn every dollar you pay them. And be sure that you're asking the right questions. I see people assume they know something, and they can have big misses when all they have is a 15-minute conversation. – 𝘙𝘰𝘣𝘣𝘪𝘦 𝘈𝘭𝘦𝘹𝘢𝘯𝘥𝘦𝘳, 𝘠𝘰𝘶𝘯𝘨 𝘢𝘯𝘥 𝘉𝘦𝘨𝘪𝘯𝘯𝘪𝘯𝘨 𝘙𝘦𝘭𝘢𝘵𝘪𝘰𝘯𝘴𝘩𝘪𝘱 𝘖𝘧𝘧𝘪𝘤𝘦𝘳

FCSAmerica Board Chairperson Nick Jorgensen and his financial officer, David Karnopp, recently led a discussion as part of Trust In Beef’s Sustainable Ranchers Tour. Discover a few key takeaways below. ⬇

The September 30 deadline for protecting your 2025 crop with Margin Protection is fast approaching. Farm Progress spoke with our insurance leader, Tony Jesina, about considerations for managing risk in today’s environment. The questions below are a good starting point for conversations with your crop insurance agent. ✔ Can your cost of production be covered by a traditional multi-peril crop insurance policy? ✔ Do you have enough working capital to sustain a revenue loss? ✔ What is your risk tolerance? ✔ Are your actual production yields consistent with county averages? Link to full article in the comments.

With the U.S. beef supply likely to remain constrained into 2025, demand will dictate prices moving forward. Analysts at Terrain explore whether consumers will continue to choose historically high-priced beef over other options. https://lnkd.in/g49iMrbK

We host volunteer impact weeks throughout the year at FCSAmerica to support the communities we serve. During a recent impact week in Omaha, teammates contributed more than 250 volunteer hours. While volunteering, teammates: ✔ Wrapped nearly 48,000 diapers ✔ Packed 250 three-month period packs ✔ Assisted with storm clean-up ✔ Spent the day siding a house ✔ Prepped and packaged more than 750 meals ✔ Learned more about mentorship and volunteer opportunities Thank you to the following organizations for allowing us to be part of the important work you do every day – Access Period, Big Brothers Big Sisters of the Midlands, Habitat for Humanity of Omaha, Nebraska Diaper Bank, Omaha Permaculture and Whispering Roots.

Markets anticipated strong yield projections in the September WASDE, and USDA delivered. But our economist Matt Erickson says the good-to-excellent crop conditions mean final yields could be even higher, based on historical trendlines. https://lnkd.in/gsjSDxXC #WASDE