More than 700 farmers and ranchers will travel to Washington, D.C., on July 23-24 for the Farm Credit Fly-In. These Farm Credit customers will meet with members of Congress to share how Farm Credit is fulfilling its mission to support rural communities and agriculture.
Farm families growing, raising and producing a wide variety of products will participate. Operations range from a pecan farmer in Texas to a cattle rancher in North Carolina to lavender growers in both Kentucky and Virginia.
In particular, they will update lawmakers on the farm economy and how producers are faring. The sustained period of low commodity prices and multiple severe weather events across the country have challenged many farm operations.
Throughout these challenging times, Farm Credit institutions have been working with each customer individually. Depending on the customer, we have worked with them to roll their short-term debt into long-term, restructured or reamortized their debt or found other creative options for them to continue operating. Additionally, some Farm Credit System Associations have offered principal deferment options or special programs for their customers impacted by natural disasters.
As a dedicated farm lender, Farm Credit understands the challenges facing producers today. We have been supporting rural communities and agriculture for more than 100 years, and we will continue to be there for our customers in the years to come.