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The history of agricultural credit, FCA, and the FCS parallels the extraordinary challenges of the frequent boom-and-bust cycles that have occurred since the first World War.
Farmers have been among the most vulnerable workers to these cycles. The nature of farming does not allow for quick turnarounds, particularly after farmers have made major investments in land, equipment, and crops.
Before Congress authorized a system of longer-term loans for farmers to reflect this reality, the lack of suitable credit forced many thousands of farmers to abandon their livelihood and its way of life. Losing so many family farms was not only a tragedy for farming families, but also for rural America. This is as true today as it was 90 years ago.
Details
- Last Updated
- 08/Oct/2024
- Contact
- Charlotte Miller
- [email protected]
- Phone
- (916) 648-1118
- Website
- https://www.fca.gov/
- Address
- 2180 Harvard StSacramento, CA 95815
Location
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