Source: PRESS RELEASE, 1/13/20

AgCarolina Farm Credit announces twenty-nine young, beginning, and small farmers recently took part in the Ag Leadership Institute held in Raleigh, NC. The 2020 Ag Leadership Institute focused on farm transition management.

Participants in the Ag Leadership Institute included farm families from across AgCarolina Farm Credit’s 34-county eastern NC service area to take part in an engaging two-day seminar highlighted by a presentation from renowned ag economist Dr. Dave Kohl, Professor Emeritus at Virginia Tech. Attendees also had the opportunity to interact with Dr. Alex White, a farm business planning consultant, Ray Starling, General Counsel to the NC Chamber of Commerce, and with representatives from AgCarolina Farm Credit.

The Ag Leadership Institute features an agenda packed with information to help young, beginning, and small farmers, and their families understand the intricacies of managing the transition from one generation to the next for their operation. Attendees also learned about the influence of agriculture on the local, national, and global economy. By recognizing these factors, participants enable themselves to make profitable decisions for their operation both today, and in the future.

“Our cooperative firmly believes in offering educational opportunities like the Ag Leadership Institute,” states President and CEO Dave Corum. “Our mission is to better the rural and agricultural communities of eastern North Carolina. By equipping our farm families with knowledge about farm transition management from agricultural economic experts like Dr. Dave Kohl, we can accomplish our mission. AgCarolina Farm Credit is thankful these young people took time away from their farm and family to better their operations.”

AgCarolina Farm Credit is a farmer owned financial cooperative with headquarters in Raleigh. They are the leading provider of credit to farmers in central and eastern North Carolina. AgCarolina Farm Credit has over $1.5 billion in loans and commitments outstanding to nearly 3,000 North Carolina farmers. Loans are made to finance land, homes, farm buildings, operating expenses, livestock and equipment, as well as other purposes. Credit life insurance, appraisal services, and leasing are also available through AgCarolina Farm Credit.