While Midwest rivers continue to destroy everything in its path in a several state region, Farm Credit has made a firm commitment to work with their customers. 

Farms and rural businesses are hardest hit by this year’s floods with dead livestock and no hope of replanting this season.

Reuters compares the financial losses to the Midwest flood of 1993 that triggered more than $20 billion dollars in damage. With more than five million acres of farmland at risk, corn prices reached an all time high of $8 a bushel at the Chicago Board of Trade.  Relief is not in sight.

Today the U.S. Department of Agriculture announced it will be conducting a review of the damage to be completed in late June, but Farm Credit is acting now.

The President and CEO of FCS of Mid-America which serves IN, KY OH and TN, Donnie Winters,  said, “At Farm Credit Services we are concerned not only for our customers, but also for all farm families hit by this disaster. That concern extends to the Indiana farm and rural communities which have been so harshly damaged by flood waters”, he added.  “We are going to work with our producers and do all we can to help them through this adversity.”

Associations throughout the AgriBank District share the same concern.