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Supporting Tomorrow’s Producers Today

Boyd "Jimmy" Chambers

As today’s farmers and ranchers retire from production agriculture, America will need new producers to replenish the industry. The future of the nation’s food supply and the quality of life in rural communities depend on it.

For decades, the number of farmers has been going down, while the average age has been going up. The 2012 Census of Agriculture, the latest census, revealed that the average age of U.S. farmers was 58.3 years, which suggests that many will retire in the coming decade.

Meanwhile, there are more job openings for highly skilled workers in agriculture-related fields than students graduating in food, ag, renewable resources and the environment, according to a five-year forecast by Purdue University in 2015.

At Central Texas Farm Credit, we are committed to supporting the next generation that will drive agriculture. A critical component of our mission is assisting young, beginning and small (YBS) farmers, whether they are focused on conventional or emerging business models. We make loans of all sizes, to producers of all ages and experience levels. In 2017, 85 percent of Central Texas Farm Credit’s new loans went to young, beginning and small farmers.

Central Texas Farm Credit knows how important young, beginning and small farmers and ranchers are to the future of agriculture. That’s why we encourage YBS producers and future agriculturalists through our scholarship program, numerous FFA and 4-H donations, and internships.

We are committed to helping them get back to the farm, and understand that financing is just one piece of the puzzle. Our goal is to help them develop the fundamental business skills needed to be successful.

Central Texas Farm Credit applauds the next generation of farmers, ranchers and young people pursuing careers in agriculture. Through Farm Credit, they can count on access to the dependable credit and financial services needed to succeed.

Sincerely,

Boyd J. Chambers signature

Boyd J. "Jimmy" Chambers
Chief Executive Officer