Increase in total FCS loans outstanding for youth, beginners, smallholders and total loans outstanding in 2021


The CFA defines young farmers as 35 years of age or younger, beginning farmers as those who have been farming for 10 years or less, and small farmers as those with gross annual sales of less than $250,000, according to the release.

For both FCS as a whole and for YBS borrowers, total outstanding loans also increased in 2021. System-wide, outstanding loans increased by 1.8%. The number of outstanding loans to young farmers increased by 2.9%, beginning farmers by 4.8% and small farmers by 1.7%.

From December 31, 2020 to December 31, 2021, FCS’s overall new dollar loan volume increased by 12.7%. The volume of new dollar loans to young farmers increased by 8.3%, to beginning farmers by 16.7% and to small farmers by 9.3%.

The number of loans granted during the year also increased in 2021 for all loans in the system and for all YBS categories. The total number of loans granted to the system during the year increased by 2.1%. The number of loans to young farmers increased by 2.8%, to beginning farmers by 3.0% and to small farmers by 0.8%.

System institutions are required by FCA law and regulation to maintain programs to provide sound and constructive credit and related services to YBS farmers and ranchers. They must report annually to the FCA on their YBS loan activity, according to the statement.

For more information on the system’s YBS farmer loans in 2021, see the related fact sheet (…). The PowerPoint presentation (…) used at the FCA Board meeting is also available.

Susan Payne can be reached at

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