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National Ag Week

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F & M Community Bank and ICBA Honor the Contributions of the Nation's Farmers and Ranchers During National Ag Week

In recognition of National Ag Day, F & M Community Bank and the Independent Community Bankers of America (ICBA) are celebrating the contributions of America’s local farmers, ranchers, and agricultural enterprises.

 “Agriculture is the backbone of rural America and a driving force in our nation’s economy,” said Dan Root, VP and Chatfield Branch Manager. F & M Community Bank is proud to celebrate and support the hardworking farmers and ranchers who play a critical role in ensuring the food security of our nation.”

National Ag Day was founded in 1973 to recognize the contributions of farmers in providing Americans with healthy, affordable, and abundant food options. ICBA offers the following facts about the agriculture industry:

  • Family farms and ranches produce 86% of U.S. agricultural products.
  • The typical American farmer produces enough food and fiber to feed 166 people, producing jobs and investment throughout the economy.
  • Americans spend less than 10.3 percent of their disposable income on food, allowing consumers financial freedom to purchase other goods.
  • Farming and related industries employ 19.7 million people, making up 10.3 percent of total U.S. employment.

“Farmers and ranchers are at the heart of America’s food supply, and their efforts feed not only our families but also our local economies,” ICBA President and CEO Rebeca Romero Rainey said. “Community banks like F & M Community Bank provide vital funding as steadfast partners in the agriculture sector, ensuring that this vital industry has the resources it needs to flourish.”