Farm Credit Mid-America re-elects four directors to board

Farm Credit Mid-America customer-owners re-elected four board members and chose 25 people for the 2027 Nominating Committee, strengthening governance as the cooperative manages a mixed agricultural economy. The vote also follows a year of record earnings, capital strength and a record patronage return to eligible customer-owners.

Why it matters: - The board and nominating committee elections shape Farm Credit Mid-America’s direction, leadership pipeline and representation across its six-state territory. - The vote comes as the cooperative is managing weather swings, commodity price pressure and uneven customer profitability. - Farm Credit Mid-America returned a record $280 million in cash patronage to eligible customer-owners in March 2026 after a strong 2025.

What happened: - Customer-owners with voting stock re-elected four directors to four-year terms on Farm Credit Mid-America’s Board of Directors. - The re-elected directors are Franklin A. Fogleman, Jr. of Marion, Arkansas; Stephanie Hopper of Macy, Indiana; Todd Clark of Lexington, Kentucky; and Lowell Hill of DeGraff, Ohio. - Customer-owners also elected 25 people to the 2027 Nominating Committee. - The nominating committee will select candidates for the cooperative’s 2027 elections. - A link to more information about the board and candidacy is available on Farm Credit Mid-America’s directors page.

The details: - Fogleman is a sixth-generation farmer growing corn, rice and soybeans on family land farmed since 1849. - Hopper operates a fourth-generation family farm raising corn, soybeans, wheat and hay. - Hopper’s operation also includes a contract swine business, a cow/calf herd and direct-to-consumer beef sales. - Clark runs a diversified operation with cattle and hay. - Clark also provides equine services, custom pasture maintenance and short-term rentals for local agricultural events. - Hill raises corn, soybeans and hay on about 1,500 acres of owned and rented land. - Farm Credit Mid-America’s board includes 15 stockholder-elected positions and two board-appointed outside directors. - The board represents the communities and farms the cooperative serves and helps guide its direction and growth. - In 2025, Farm Credit Mid-America grew owned and managed earning assets 11% through existing and new customers. - The cooperative reported record net income of $600 million in 2025. - Farm Credit Mid-America ended 2025 with a strong capital position of 14.8%.

Between the lines: - The election results suggest customer-owners are keeping a board centered on experienced farm operators from across the region. - The record patronage payout and strong balance sheet signal that the cooperative is using its financial strength to reward members even in a tougher farm economy. - The large nominating committee slate shows broad member participation in the cooperative’s governance process.

What's next: - The 2027 Nominating Committee will help identify candidates for Farm Credit Mid-America’s next board election cycle. - Farm Credit Mid-America said it will stay focused on dependable access to capital, trusted guidance and long-term support across its six-state territory. - The cooperative will continue navigating variable weather, commodity prices and customer profitability across its market.

The bottom line: - Farm Credit Mid-America’s latest vote keeps four veteran farm leaders on the board and reinforces member control as the cooperative leans on strong 2025 results to support rural borrowers.