Report: Farm Credit System Largely 'Sound'

The Farm Credit Administration, regulator of the Farm Credit System network of cooperatively owned agricultural lenders, said that more than 99% of FCS institutions are rated as financially "sound in every respect."The Farm Credit System, a government-sponsored enterprise, consists of 113 banks, associations, and service corporations that provide loans to agricultural producers and their cooperatives in rural areas. The system is a major source of agricultural real estate loans.

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