Agri-Pulse Open Mic: Jeffery Hall, Chairman and CEO Farm Credit Administration
This week’s Open Mic guest is Jeffery Hall, Board Chairman and CEO of the Farm Credit Administration and the longest serving member of the current FCA board. Hall reports system debt at the end of 2024 at just over $448 billion dollars - just shy of an 8% increase from the end of 2023. Since the beginning of 2020, system debt outstanding has grown over 52%. The FCA has seen a dramatic downturn in the number of institutions and farmers since the farm crisis of the 1980’s, but the amount of debt continues to climb. He discusses softer farmland values in some areas, the interest rate environment, and future areas of focus for the FCA.
