Glen Smith

Despite the problems farmers and ranchers have had because of the pandemic, Glen Smith, chairman of the Farm Credit Administration, said the overall farm economy is in "remarkably" good shape. Smith recently added if you want to know the financial condition of the farmers, ask their lenders ...

The farm economy is soft, which has many economists worried.  However, the nation's farm credit system is 'safe and sound', that according to Farm Credit Administration Chair, Glen Smith.  With higher farm debt levels, continued low commodity prices, Smith says we re not yet at the crisis levels of the late 1980's, however, he noted, "I think we're at a level that's comparable to the early 80

The head of the Farm Credit Administration recently told House Ag lawmakers that concluding pending trade deals is probably the most important thing Congress can do to help the depressed farm economy.  FCA Chair and CEO Glen Smith said restoring farm profitability is his top concern, but it will take more than the well-capitalized and sound farm credit system he claims exists today.  ...