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Insights08.09.21FOMC Discusses Fed Funds, the Economy, and Bond Buying
The recent Federal Open Market Committee (FOMC) meeting discussed unexpected rapid economic growth and high inflation pressures, as well as the future of the bond purchasing program.
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News08.06.21Farmland Value Benchmark Study Results
Throughout central and southern Illinois, farmland values increased an average of 8.54% with 18 of the 20 benchmark farms increasing and two unchanged. This is the third consecutive year of an increase in values. When considering the 20 benchmarks individually, the year-over-year percentage changes ranged from 0 to +20.51%.
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News08.05.21Phishing Attacks A Scam Prevention Guide
Phishing attacks are unavoidable in this technology age, which makes it crucial to learn how to identify and prevent them. The linked article below offers five tips to help protect your personal and farm business information from one of the most common online threats.
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News08.05.21Auction Results Land Sales in Last 6 monthsThe listing includes results for 80 different farmland auctions reported since the last results were published in February 2021. These public auctions concluded with successful bids and represented 8,000 total acres in 26 different counties selling for a grand total of $82.2 million with an average price of $10,273 per acre. The highest price per acre was $16,800 for Class A land in Edgar County; the lowest price per acre was $2,553 for Class C land in Richland County.
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News07.12.21Get Easy Access to Affordable Credit with The FCI Operating Loan AdvantageAn operating line of credit from FCI gives farmers the liquidity they need to capitalize on an opportunity at a moment's notice in addition to all the cooperative value that comes with being a member.
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News06.14.21Farm Credit Members Share $30 Million Cash Patronage Distribution
Nearly 8,000 Farm Credit Illinois borrowers receive their share of a $30 million cash patronage distribution this week. This is FCI’s second patronage distribution in 2021, following a special $10 million preseason payment in March.
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Essentials06.10.21Essentials - Issue 03, 2021In this issue listen to a weather update from Eric Snodgrass, meet the 2021 FreshRoots Directors Cup honoreers, get the latest on the Paycheck Protection Program and loan forgiveness, jot down upcoming crop insurance deadlines, and more.
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News06.03.21How Government Debt and Fed Balance Sheets Impact Your FarmAs the Fed continues to increase their balance sheet and absorb new debt, learn how to protect your farm business from the potential risk of future higher rates.
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News06.01.21Beginning Farmers Build Bright Futures
Six young and beginning farmers and farmer couples from central and southern Illinois were named 2021 FreshRoots Directors Cup honorees by Farm Credit Illinois.
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News05.21.21Students Named Farm Credit Family ScholarsFarm Credit Illinois recognizes twelve students, all children of FCI employees, as recipients of the Tom Tracy Memorial Farm Credit Illinois Family Scholarship.
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Insights05.17.21Six Ways Farmers Gain the Competitive EdgeAre mindsets and attitudes positive or negative difference makers in your farm business? Maintaining a strong network of people who are collaborative and can think critically will be the seed and fertilizer needed for success.
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