Farm Credit System Reports Net Income of $8.0 Billion for 2025

Friday, February 20, 2026

NEW YORK - The Farm Credit System today reported combined net income of $8.0 billion for the year ended December 31, 2025, as compared with $7.8 billion for the prior year. The System also reported combined net income of $2.0 billion for the fourth quarter of 2025, as compared with $1.9 billion for the fourth quarter of 2024.

"This past year was marked by several challenges that impacted agriculture and rural communities driven by factors such as commodity price volatility, elevated input costs and evolving trade policies," remarked Tracey McCabe, President and CEO of the Federal Farm Credit Banks Funding Corporation. "Despite these headwinds, the System generated solid earnings fortifying our balance sheet so that we can continue to provide credit to our member-borrowers through this agricultural cycle. We recognize that continued volatility may affect our path forward, and we are focused on maintaining prudent underwriting.