PFC responds to challenging economy

    Premier Farm Credit has announced it will increase the amount of the cash patronage dividend it pays to member-owners, as well as distribute it early, in response to the challenging agricultural economy.
    “We wanted this year’s cash patronage dividend distribution to be especially meaningful to the member-owners of Premier Farm Credit,” said board chairman Wayne Midcap.
    “$4.5 million is a significant increase, and comes at a time when producers are struggling with the ongoing downturn in the ag economy, along with the ever-present challenges of the industry. Increasing the cash patronage dividend, while still maintaining the solid financial position of the business, is one way we can help.”

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