NASHVILLE, TN – Young, beginning and small producers accounted for more than half of Farm Credit System loans made in 2025, but only about one-quarter of new loan dollars. Farm Credit Administration data show YBS borrowers received 175,068 loans totaling $38.2 billion.
Those loans accounted for 56.3% of all new loan counts but only 25.5% of committed volume. Non-YBS borrowers received 135,753 loans totaling nearly $112 billion, highlighting the much smaller financial scale of many YBS borrowers.
Small-only producers accounted for 42.5% of YBS loan counts but 24.5% of YBS loan volume. Beginning-and-small borrowers represented another 17.3% of counts and 19.1% of dollars.
Farm Credit institutions also reported $396.4 million in YBS services, of which $350.1 million was attributable to investments and leases. Another $46 million supported financially related services, scholarships, grants, education, and outreach.
The agency cautions that higher 2025 loan counts partly reflect changes in how some institutions counted pooled loans, making longer-term trends more useful than the one-year increase alone.
Farm-Level Takeaway: Farm Credit is reaching large numbers of young, beginning and small producers, but their smaller loan sizes underscore persistent capital-access challenges.