Farm Credit East’s Board of Directors approved a reduction in the financial cooperative’s base variable interest rate by one quarter of one percent (.25%). This interest rate reduction applies to all customers with Farm Credit East variable rate loans and will go into effect on June 1.
As the country begins to reopen, Farm Credit East will be hosting an economic outlook webinar series to help Northeast producers plan their businesses for the remainder of the year. Learn more about the first two webinars in the series, as well as plans for more upcoming webinars.
Farm Credit East recently announced that it will be providing small grants to Northeast farmers’ markets to support their promotion and development efforts. Interested farmers’ markets must apply by June 8.