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Aug. 14, 2026 Source: Farm Credit Administration news release McLEAN, Va. -- At its monthly meeting today, the Farm Credit Administration board received FCA's 2025 Annual Report on the Farm Credit System's Young, Beginning, and Small (YBS) Farmer Mission Performance (PDF). FCA strongly supports the Farm Credit System's mission to serve young, beginning, and small (YBS) farmers, ranchers, and producers and harvesters of aquatic products. FCA defines young farmers as those who are 35 years old or younger, beginning farmers as those who have been farming for 10 years or less, and small farmers as those with less than $350,000 in annual gross cash farm income. Each year FCA collects information from the System on YBS lending and nonlending activities. This information provides insights into a range of services, education, outreach activities, and lending to YBS farmers. A more detailed and comprehensive understanding of the System's YBS mission activities helps improve the delivery of credit to YBS farmers. Nonlending results FCS institutions provide an array of services and outreach that complement or expand lending to YBS farmers and ranchers. These include nonlending capital commitments (leases and investments); financially related services; scholarships; grants; conferences, seminars, and workshops; and marketing and outreach. The total value of these services in 2025 was $396.4 million. Approximately 88%, or $350.1 million, was for investments and leases. Additionally, approximately $36.7 million was spent on scholarships, grants, and outreach. Financially related services, including loan guarantee fee payments, financial document preparation fees, appraisal fees, and tax preparation services for YBS farmers and ranchers, accounted for $9.6 million in spending in 2025. Total nonlending dollars increased by 13.8% from 2024, mostly due to increases in investments and guarantee fees paid. Lending results System institutions use a specific YBS reporting structure, with banks providing FCA an annual report summarizing YBS lending activities within their districts. Loan volume is reported as current commitment, which is the dollar amount of disbursed funds plus undisbursed commitments eligible to be drawn. In the 2025 reporting instructions, FCA defined the YBS reporting universe of eligible loan and record types to be included in an institution's lending activity submission. Eligible loan types are real estate mortgages, production and intermediate term, and process and marketing. In 2025, the System made 310,821 YBS and non-YBS loans, totaling $150.2 billion. At year-end 2025, the System had 1,122,979 outstanding loans totaling $429.3 billion. Compared with 2024, the number of loans made in 2025 increased 19.7%, and volume of loans made in 2025 increased 14.5%. Outstanding loan counts increased 6.0% and outstanding volume increased 7.0% between year-end 2024 and year-end 2025. For loans made in 2025, System lending to the seven mutually exclusive YBS categories included 175,068 loans totaling $38.2 billion. At year-end, the number of loans and loan volume outstanding to the seven mutually exclusive YBS categories was 696,419 loans for $131.5 billion, at year-end. In the above table, 2025 lending results varied considerably by number of loans made to YBS and volume of dollars lent to YBS. Looking at loan counts, more than 56% of all loans made were to some combination of young, beginning, and small, with the small-only category being the largest percentage at 23.9%, and the young-and-small category being the smallest percentage of YBS loans made in 2025. From a loan volume perspective, more dollars were lent to non-YBS farmers and ranchers. Approximately 25% of total dollars lent in 2025 went to a YBS farmer. As illustrated in the table above, 62.0% of outstanding loans were to YBS categories. The largest share of outstanding loans was in the small-only category at 23.1%, followed by the beginning-and-small category at 14.8% and the YBS category at 11.2%. Non-YBS farmers and ranchers accounted for about 70% of outstanding loan volume. To read the entire report click here. Tweet |
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