HeartBeat Summer 2015 | Page 4

Dave’s view David Janish, CEO I recently attended a meeting which included a number of Farm Credit associations from across the country. At the meeting, several associations from California talked about the drought, now in its fourth year, and their concerns with the long-term impact on fruit, nut, and vegetable production. Other associations from Oklahoma, Texas, and Arkansas spoke of the flooding occurring in their areas and the devastation and long-term effects on agriculture. Afterwards, I returned to Missouri to a period of daily rains which has affected our crop and livestock producers in a variety of ways. Some may expect after this introduction that this article is going to be about how “tough” agriculture will be in 2015. That may eventually be true, however, the rest of the story related to these conversations is that 4 HEARTBEAT | SUMMER 2015 each of the people I heard from remained optimistic that we can and will get through this period and, in many cases, may come out better positioned for the future. While all industries face challenges, few are as affected by factors outside of their control, such as Mother Nature, as agriculture. Our ability to adapt, change and survive has defined who we are for centuries. Speaking of centuries, the Farm Credit System will celebrate its 100th anniversary in 2016. FCS Financial as a member of the Farm Credit System is planning our own celebration for 2016. When the Farm Credit System was created, there were more than 1,000 associations across the U.S., most serving a small number of counties. Each state would have several associations, and real estate and operating loans were provided by completely different associations. Today, most associations like FCS Financial serve much larger territories and provide a full set of products for real estate, operating and equipment loans. In addition, associations provide other services, such as crop insurance, that benefit our members. Like our members, FCS Financial and our sister Farm Credit associations have changed and adapted to meet the needs of agriculture in our areas. I can’t tell you what FCS Financial will look like in 100 years, only that it will continue to evolve to meet the changing needs of our members. Chairman Nivens in his column later in this publication addresses changes to our director election process which is an example of the ongoing adjustments we must make as your association grows in scope and scale. More information will be coming regarding our 100th anniversary celebration. Many people including past and present directors, employees, and members are responsible for the success your association has achieved over these first 100 years. We hope all of you will