[Congressional Record Volume 162, Number 95 (Wednesday, June 15, 2016)]
[Extensions of Remarks]
[Page E918]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]





         CELEBRATING THE CENTENNIAL ANNIVERSARY OF FARM CREDIT

                                 ______
                                 

                               speech of

                            HON. MIKE ROGERS

                               of alabama

                    in the house of representatives

                         Tuesday, June 14, 2016

  Mr. ROGERS of Alabama. Mr. Speaker, I rise today to commend the 
cooperative owners and employees of the Farm Credit System for their 
continuing service in meeting the credit and financial-services needs 
of rural communities and agriculture.
  Since 1916, the Farm Credit System has served rural Americans.
  I was pleased to cosponsor House Resolution 591, introduced by House 
Agriculture Committee Chairman Mike Conaway & Ranking Member Collin 
Peterson, as well as the Chairman and Ranking Member of the 
Subcommittee for Commodity Exchanges, Energy & Credit, Chairman Austin 
Scott and Ranking Member David Scott.
  This resolution recognizes the cooperative owners and employees of 
the Farm Credit System for their 100 years of service to Rural America.
  Today, the Farm Credit System plays a vital role in the success of 
United States agriculture, providing more than $237 billion in loans to 
more than 500,000 customers.
  For example, in my home state of Alabama, Farm Credit makes over 
7,000 loans per year. Almost 10 percent of the farmers they serve are 
considered Young Operators.
  Since 2011, Farm Credit has returned $10.9 million dollars back to 
their borrowers. I applaud the Farm Credit System's dedication to 
providing farmers with the means to serve America.

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