OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Celebrating the Centennial Anniversary of Farm Credit

Floor Speech

Date: June 14, 2016
Location: Washington, DC
Issues: Agriculture and Food

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Mr. ROUZER. I thank my friend, the gentleman from Georgia.

Mr. Speaker, I rise to recognize the Farm Credit System for supporting agriculture and the rural communities in my home State of North Carolina for the past 100 years.

Established in 1916, Farm Credit provides farm families across America with consistent and reliable credit to help finance our Nation's food production needs. Without Farm Credit Services of America, our farmers would not have the resources they need to grow their crops and their livestock--putting food on the tables of every American family. Let me underscore that--putting food on the tables of every American family. Farm Credit organizations provide more than a third of the credit that is needed by United States agriculture, accounting for more than $217 billion in loans, leases, and related services.

In my home district, our local farm lender is Cape Fear Farm Credit, which operates in a 12-county territory and issues loans to more than 2,500 farmers and rural North Carolinians. I applaud them for supporting farm families in my district with real estate and farm improvement loans, equipment loans, operating loans, country home loans, life insurance plans, and appraisal services. Cape Fear Farm Credit also helps young, beginning, small, and minority farmers become successful by offering courses that provide not only them but their families with a unique set of tools to increase the quality and sizes of their operations.

Without a doubt, Cape Fear Farm Credit is an incredibly valuable resource for our farm families and our rural communities in North Carolina's Seventh Congressional District. Our friends at Farm Credit should be proud of their great work. They have successfully delivered on their mission for the past 100 years, and I know they will continue to have great success. They are great and fine people who understand the unique needs of agriculture production, our farm families, and our rural communities. I am proud to stand with them.

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