Pub 2 2013 Issue 7

September 2013 21 l e a d i n g a d v o c a t e f o r t h e b a n k i n g i n d u s t r y i n k a n s a s 2012.” [underlining supplied] What is more important, though, is the total amount of credit outstanding at any one time to YBS borrowers relative to the total amount of FCS credit outstanding to all of its borrowers. By this measure, the FCS’s YBS lending has been declining. Over the last three years, from the end of 2009 to the end of 2012, the percentage of outstand- ing FCS loans and loan commitments to young farmers, as a percentage of all outstanding FCS loans and loan commitments, declined from 11.7% to 11.4%. For beginning farmers, the decline was more pronounced, from 19.5% for 2009 to 17.7% for 2012. For small farmers, outstanding credit declined from 24.4% for 2009 to 21.8% for 2012. FCA is working with USDA to develop a new definition of a “small” farmer that undoubtedly will help make the FCS’s YBS numbers look better. I am speaking at this year’s Ag Bankers Conference I am looking forward to speaking at this year’s ABA National Agricultural Bankers Conference, which will be held November 10-13 at the Hyatt Re- gency in Minneapolis. I will be on a panel with Joe Witt, president of the Minnesota Bankers Association. We will be speaking, naturally, about the FCS. I look forward to seeing many FCW readers at the conference. You will find information and registration materials for the conference at: http:// www.aba.com/Training/Conferences/Pages/AGR.aspx Bankers are continuing to send FCW reports of FCS lending abuses, such as FCS loans for rural estates, weekend getaways, and hunting preserves. Email reports of similar lending abuses in your market to: green-acres@ely-co.com . Please provide as much detail as possible about any loan which violates the spirit, if not the law, governing FCS lending. The Affordable Care Act offers widespread access to reliable health insurance. Whether you’re a long-time Blue Cross and Blue Shield of Kansas member, or new to health insurance – we’re ready to answer your questions. Learn about Health Care Reform plus everything we have to offer. With Blue Cross, you’ll be good to go! Visit www.bcbsks.com/hcr An Independent Licensee of the Blue Cross and Blue Shield Association M.1303 Change is coming … and we’re Ready to Go! Are your customers making the grade? Take your customer relationships to the next level by using the Business Assessment Tool & Report ! The BAT Report is a diagnostic tool that grades businesses on all vital areas such as cash flow, sales, debt service and IT . Use the Promo Code below by Dec. 1, 2013 to try the BAT Report for FREE. A $24.95 value. Discover a new way to work with your customers! McPherson 888.241.1826 | Hutchinson 888.414.0123 | www.sjhl.com KBASE13 Scot Loyd, CPA, CGFM, CFE, CGMA Partner Promo Code *Codes are Case Sensitive* www.sjhl. com /batreport