Glen Smith, Farm Credit Administration

This week’s Open Mic guest is Glen Smith, chairman and CEO of the Farm Credit Administration. While the farm economy balance sheet is in no way as challenged as in the early 1980s, Chairman Smith suggests there are developing similarities. Smith says there are active farmers today who survived the farm crisis four decades ago and yet others who’ve not experienced the financial pressure that comes from high interest rates. Smith explains the need for a farm safety net and discusses the need to support young and beginning farmers as well as make solid investments in rural America.