PFC pays record patronage dividend

Premier Farm Credit has announced that a record $5.5 million cash patronage dividend will be distributed to its member-owners in early 2020.

“This is the largest-ever cash patronage dividend to be paid by Premier Farm Credit,” said Wayne Midcap, board chairman. “Producers are really feeling the negative effects of prolonged low prices, challenging weather and other hardships. We want to help them succeed in any way we can, and paying a record-setting cash patronage dividend is one way we can show our commitment.”

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