Many farmers and ranchers have benefitted from the trend in local foods, finding ways to sell direct-to-retail and capture a higher profit margin. Young, beginning and small farmers in particular have been able to enter into farming at the smaller scale of direct-to-consumer sales in the local foods marketplace, like farmers’ markets, roadside stands and through community supported agriculture (CSAs). Read the full report from The Farm Credit Council.
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Farm Credit by the Numbers
Number of Loans at Dec. 31, 2016
Farm Credit Customers Nationwide
- $253 Billion
Total Loan Volume at Dec. 31, 2016
- $12.2 billion
New Loans to Small Farmers and Ranchers in 2014