Peterson Receives Friend of Farm Credit Award

Jul 9, 2015 Issues: Financial Services

WASHINGTON, July 9, 2015 – The AgriBank District Farm Credit Council (ADFCC) presented its 2015 Friend of Farm Credit Award to U.S. Rep. Collin Peterson of Minnesota.

Peterson received the award for his long history as a leader in U.S. American agriculture policy. ADFCC members were in Washington to talk to members of Congress about issues important to agriculture and rural communities in the AgriBank District.

“When it comes to having an effective advocate in Washington, farmers, ranchers and rural communities can always rely on Congressman Peterson," said Stan Claussen, a farmer from Montevideo, Minnesota, and chairman of the AgriBank District Farm Credit Council. “As ranking member of the House Committee on Agriculture, Representative Peterson has an impact on everything that touches rural communities and agriculture. He has a rare ability to reach across the aisle and was a leader in the marathon efforts to pass the 2014 Farm Bill, which supports rural communities and agriculture across the AgriBank District and the nation.”

Farm Credit supports rural communities and agriculture with reliable and consistent credit today and tomorrow. The Farm Credit System is a nationwide network of borrower-owned lending institutions with the singular mission of providing a reliable source of credit for the nation's farmers and ranchers. Farm Credit provides more than one-third of the credit needed by those who live and work in rural America — more than $217 billion in loans, leases and related services.

The AgriBank District Farm Credit Council represents Farm Credit farmers and ranchers in a 15-state area from Wyoming to Ohio and Minnesota to Arkansas. About half the nation's cropland is located within the AgriBank District.