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Lone Star Ag Credit Stockholders
Participate in Farm Credit Young Leaders Program

Lone Star Ag Credit members Chris and Jennifer Krause, left, celebrate the completion of the 2014 Farm Credit Young Leaders Program with Jimmy Dodson
Lone Star Ag Credit members Chris and Jennifer Krause, left, celebrate the completion of the 2014 Farm Credit Young Leaders Program with Jimmy Dodson, chairman of the Farm Credit Bank of Texas Board of Directors

FORT WORTH, Texas -- Chris and Jennifer Krause of Moody, Texas, recently got an inside look at how the Farm Credit System carries out its mission to provide reliable credit to agriculture and rural America. The Krauses, member-borrowers of Lone Star Ag Credit, were among 29 young agricultural producers selected from a multistate region to attend the 2014 Farm Credit Young Leaders Program.

The program began in New York City, where the participants learned how investors buy Farm Credit notes and bonds, providing the funding that Farm Credit lending cooperatives put to work in rural communities. Nationwide, Farm Credit provides more than $200 billion in financing to farmers, ranchers, rural homeowners, agribusinesses and other eligible borrowers.

Next, the group traveled to Washington, D.C., and discussed policy issues with U.S. Department of Agriculture officials, Senate and House agriculture committee staff, and agriculture industry leaders.

The five-day program ended with an awards ceremony at George Washington's Mount Vernon plantation, where the first president embraced innovation at his farming and milling operations.

"As part of our mission to serve rural America, Farm Credit has a strong commitment to helping young people in agriculture be successful," said Stan Ray, president of the Tenth District Farm Credit Council, which hosted the ninth annual Young Leaders Program. "These impressive participants were selected by their lending cooperatives because they represent the future of agriculture, and we want them to know the role Farm Credit plays in their industry and communities."

The Krauses have a cow-calf operation where they raise registered Brahman and certified F1 Brangus cattle. Chris is a deputy area engineer with the Army Corps of Engineers, and Jennifer works for defense contractor CACI International Inc.

The Tenth District Farm Credit Council is the regional member of the national Farm Credit Council, the trade association representing the legislative and regulatory interests of the Farm Credit System. The System is a nationwide network of cooperatively owned rural lenders that have provided financing and related services for the agriculture industry since 1916.


Published January 5, 2015