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Beginning with the 1984 crop year, farm borrowers of the Farmers Home Administration will receive financial planning assistance through the new Coordinated Financial Statements (CFS), according to Roie M. Godsey, FmHA State Director for Virginia.
Previously farm borrowers used the agency’s Farm and Home Plan to analyze their operations and plan financial strategies. “The Farm and Home Plan served the agency and its borrowers long and well,” Godsey said. “It has not changed substantially since it was developed nearly 50 years ago.”
“The intricacies of mod
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