Farm lenders will pay different shares of their regulator's budget

The US Farm Credit Administration wants to change how it charges its regulated banks and associations for its operating costs. This means some farm lenders will pay more, and others less, for the same regulatory oversight.

The Farm Credit Administration is a government-sponsored enterprise that lends to farmers and rural businesses. It funds itself by charging the institutions it regulates. The current formula for these charges is decades old. This change means the agency wants to update its funding model to reflect the current size and structure of the farm lending system. It is a small, internal adjustment, but it shifts costs among the lenders.