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Farm Credit Act expands options for farmers and cooperatives
The Farm Credit Act broadens tools for rural finance. It allows local associations to offer farm record keeping and tax services if demand grows, widens loan scope with reduced sales requirements for cooperatives, and clarifies distinctions between farming cooperatives and commercial firms. Nationally, Farm Credit provides about 20 percent of farm credit and 60 percent for cooperatives as reforms unfold under E A Jaenke.
MENTIONED IN THIS ARTICLE
Brown
FLBA
PCA
Penn State University
Farmers Association
Baltimore
Delaware
Maryland
Pennsylvania
Virginia
West Virginia
E. A. Jaenke
U. S. Farm Credit Administration
Jaenke
FCA