American AgCredit

We’re merging!

Effective Oct. 1, 2023, Farm Credit of New Mexico and American AgCredit will merge into one Farm Credit Association operating as American AgCredit, pending final Farm Credit Administration approval. The merger will create an association with enhanced marketplace stability, increased funding capacity, and better access to technology. We are committed to our deep legacy of serving farmers and ranchers across our territory – and including New Mexico.

We’ll be rolling up our sleeves in the upcoming weeks to prepare for the merger transition. Visit the link in our bio for updates on this process.

We’re merging!

On May 9, 2023 Farm Credit of New Mexico and American AgCredit stockholders voted for a merger of the two cooperatives effective July 1, 2023, pending a 35-day reconsideration period and final Farm Credit Administration approval. The merger will create an association with enhanced marketplace stability, increased funding capacity, and better access to technology.

We’ll be rolling up our sleeves in the upcoming weeks to prepare for the merger transition. Visit https://farmcreditnm.com/merger/

From our family to yours, we wish you a very Merry Christmas! 🎄

Today is
Every citizen has the right to vote. It is the cornerstone of democracy.
Today we say a special thank you to our women in agriculture. To those who work hard every day, in the fields, and in education to help provide for better and more prosperous communities.

Repost NM Cattle Growers Association

This afternoon CoBank, Farm Credit of New Mexico, ACA and American AgCredit announced their contribution of $40,000 to the NMCGA Producer Relief Fund.

The fund purchases feed and infrastructure materials like panels and wire, for producers throughout New Mexico affected by natural disasters such as wildfire, snow storms and flooding. CoBank and Farm Credit of New Mexico helped established this fund in 2020 and, in addition to this donation, support it annually through Sharing Success Dollars.

According to President, Loren Patterson, “Animal agriculture is stressful enough for producers during the best of times, add the fury of Mother Nature or an unexpected disaster and the stress level for producers and families can become overwhelming. Producers have traditionally relied on the safety net associated with our State and Federal Agencies to address the impacts of storms and disasters but that help can come slow. This NMCGA fund was designed to address that situation. With funding in place and the years of experience held within our Executive Committee and Board of Directors, assistance can be targeted and swift. The donations we received from our members, friends, the public, and Allied Industries is testament to the need and goals of our Producer Relief Fund. Many Thanks to CoBank, Farm Credit of New Mexico, and American AgCredit for the donation and support of our fund and helping producers across the state deal with those overwhelmingly stressful situations.”