Farm Credit Illinois recently welcomed five students studying agriculture business to complete a twelve-week summer internship at the financial cooperative’s central office in Mahomet. [Read more…]
Archives for June 2017
Agriculture Future of America (AFA) and AgriBank, Farm Credit Illinois’ funding bank, selected Madison Mitchell, of Mahomet, for a prestigious scholarship program. Mitchell is one of two scholars chosen from a pool of applicants across the 17-state AgriBank District.
The William J. Collins Scholarship is part of the AFA Leader and Academic Scholarship program which gives children of Farm Credit employees within the AgriBank District – planning to pursue agricultural careers – access to premier personal and professional development and financial assistance for their college education. This year’s outstanding students are pursuing agriculture-related, four-year degrees and passionate about the future of the agriculture industry. [Read more…]
The agricultural economic reset is now in its fourth year for many commodities. Uncertainty regarding international trade, immigration policies, and consumer preferences have left many in agriculture feeling challenged or even defeated. Yet, some see opportunity. As a general observation, about 40 percent of managers are proactively positioning the business, 30 percent are procrastinating on needed adjustments, and another 30 percent are in denial, blaming misfortune and holding onto the hope for better days to come. For business owners and managers, the difference maker is making decisions not only for economic survival, but to position for opportunity as well. Let’s take a look at some of the difference makers for these businesses. [Read more…]
The class of 2017 Farm Credit agriculture scholars was recognized at a scholarship luncheon at Farm Credit Illinois (FCI) in Mahomet Thursday, June 1.
A total of $48,000 of scholarships were awarded to 24 high school seniors pursuing an agriculture-related major and career. Each scholar receives $2,000 to use toward their education. Twenty-two of the students attended the recognition program. [Read more…]
On Tuesday, May 23rd, President Trump and the Office of Management and Budget released their proposed budget for the next fiscal year. Although not necessarily covered by major media outlets, the budget proposal was not particularly friendly to agriculture. There were proposed cuts to rural development, conservation programs, and USDA staffing but below are some of the major cuts proposed to Farm Bill programs. The budget proposal from the Administration is expected to be used as blueprint for the House as they begin to appropriate funds. [Read more…]