CATTLE RAISERS COMMUNITY


INDUSTRY ALLIED


Capital Farm Credit Returns $56.7 Million to Borrowers


C Cox Concrete Products Are you tired of replacing metal, wooden and plastic troughs?


APITAL FARM CREDIT (CFC) IS RE- turning $56.7 million in cash to


its member customers in the form of patronage dividends. Ben Novosad, CFC chief execu-


tive offi cer, says, “Since 2007, we have returned more than half a bil- lion dollars to our member borrow- ers through our patronage dividend program. As the largest cooperative ag lender in Texas, the secret to our long-standing success is our cooperative structure.” Based on continued strong earn-


ings and a solid capital position, CFC’s board of directors approved a $137.6 million total patronage declaration in December on its 2015 net income of $139.3 million. Bor- rowers will receive $56.7 million of this amount in cash and the re- mainder is set aside in their names until eligible for cash distribution in the future. For more information, visit Capi-


talFarmCredit.com.


www.coxconcrete.com • Mt. Pleasant, Texas 36 The Cattleman May 2016 thecattlemanmagazine.com


800-458-3072 • 903-572-5902


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68  |  Page 69  |  Page 70  |  Page 71  |  Page 72  |  Page 73  |  Page 74  |  Page 75  |  Page 76  |  Page 77  |  Page 78  |  Page 79  |  Page 80  |  Page 81  |  Page 82  |  Page 83  |  Page 84  |  Page 85  |  Page 86  |  Page 87  |  Page 88  |  Page 89  |  Page 90  |  Page 91  |  Page 92  |  Page 93  |  Page 94  |  Page 95  |  Page 96  |  Page 97  |  Page 98  |  Page 99  |  Page 100