Farm Credit Announces Registration Deadline for AgBiz Masters Program

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Local agricultural lender, MidAtlantic Farm Credit, announces October 31 as the registration deadline for the AgBiz Masters learning program.

CEO, MidAtlantic Farm Credit

Bob Frazee, CEO

"Young and beginning farmers frequently want to improve their business skills, but can't because of their many time commitments,” says Bob Frazee, CEO of MidAtlantic Farm Credit.

MidAtlantic Farm Credit has announced October 31 as the deadline to register for the next class of the AgBiz Masters program. This two-year educational program is available to young, beginning, and minority farmers located in Delaware, Maryland, Pennsylvania, Virginia, and West Virginia, who are interested in broadening their financial and management skill set.

Developed by Dr. David Kohl, Professor Emeritus at Virginia Tech, the AgBiz Masters educational series includes online sessions and coursework, as well as regional face-to-face learning experiences led by industry experts. Some of the areas of study include trends in agriculture, strategic business planning, preparing for your lender, constructing a balance sheet, understanding lending decisions, and ethics.

MidAtlantic Farm Credit CEO, Bob Frazee, believes in the importance of an educational program aimed directly at new farmers starting out in the agricultural business. "Young and beginning farmers frequently want to improve their business skills, but can't because of their many time commitments,” says Frazee. “We're excited to offer this innovative program because online learning gives them a chance to attend top notch training classes when it suits their busy schedules."

The registration fee for AgBiz Masters is $125, but scholarships and reimbursement opportunities are available. The next class begins in November and will run through March 2014. For more information about the AgBiz Masters educational program, please visit http://www.mafc.com/startright-education or http://www.agbizmasters.com.

About MidAtlantic Farm Credit
MidAtlantic Farm Credit is an agricultural lending cooperative owned by its member-borrowers. It provides farm loans for land, equipment, livestock and production; crop insurance; and rural home mortgages. The co-op has over 10,400 members and approximately $2.1 billion in loans outstanding. MidAtlantic has branches serving Delaware, Maryland, Pennsylvania, Virginia and West Virginia. It is part of the national Farm Credit System, a network of financial cooperatives established in 1916 to provide a dependable source of credit to farmers and rural America.

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