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Patronage Season

We're sharing $42.5 million in profits with eligible customer-owners in April, the largest distribution in our history! This patronage distribution amounts to $0.51 for every $1.00 in interest that borrowers paid on their AgChoice loans in 2020, returning slightly over one half of their interest cost.   

The patronage model allows us to build capital, invest in member services, share profits and lower the overall cost of borrowing to customer-owners. Annual cash payouts to customer-owners since 1999, including this year, total $388 million.

 

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Field Notes Blog

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Greatest Threat to Net Farm Income and Cash Flow

Dr. David Kohl, Professor Emeritus Agricultural and Applied Economics, Virginia Tech University The COVID-19 pandemic has had profound effects on the income statement, cash flow and balance sheet of...

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