AgSouth Farm Credit Reports Net Earnings of $40.1 Million Returns $28.5 Million to Members

AgSouth Farm Credit Chief Executive Officer Pat Calhoun recently announced that the customer-owned cooperative had net earnings of more than $40.1 million during 2016. He stated that, “The association remained strong in 2016, and loan volume grew by approximately five percent. We are able to once again announce a healthy return of profits to our members through our patronage distribution program.”

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Farm Credit Associations Offer Free Agricultural Finance Training

Thanks to AgSouth Farm Credit and AgGeorgia Farm Credit, Georgia and South Carolina farmers have several opportunities to attend a free financial training workshop this year. The purpose of the nationally award-winning AGAware® program is to promote and educate the next generation of farmers. This will be the fifth year the program has been available in Georgia and South Carolina.

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