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American Farm Bureau Federation

The American Farm Bureau Federation was founded in 1919 as a national umbrella for state and county farm bureaus, unifying agricultural producers around...

American Farm Bureau Federation

The American Farm Bureau Federation was founded in 1919 as a national umbrella for state and county farm bureaus, unifying agricultural producers around common legislative and economic goals. Zippy Duvall, a Georgia farmer, has served as president since 2016; Julie Anna Potts runs day-to-day operations as executive vice president. Membership dues and program revenues fund the organization; its affiliated insurance companies, including American Farm Bureau Insurance Services, generate significant premium income across multiple states. The federation's policy portfolio spans farm bill reauthorization, crop insurance subsidies, trade negotiations, immigration reform, and climate-smart agriculture programs. It engages directly with Congress and USDA on commodity support and conservation programs. AFBF also provides member services including legal advocacy, market data, and risk management education. It has supported voluntary carbon markets and renewable energy development for farms, while opposing certain EPA regulations. With offices only in Washington, DC, and a permanent staff of roughly 100, the federation's influence extends through its 50 state affiliates. It operates the American Farm Bureau Federation Political Action Committee (AFBF-PAC), which contributed over $2.5 million to federal candidates in the 2024 cycle, primarily supporting incumbents of both parties. September 2024: Hosted its 106th annual convention in San Antonio, highlighting policy priorities for the 2025 farm bill. AFBF is structurally distinct from for-profit family offices or asset managers: it functions as a membership-driven nonprofit with a commercial insurance arm, a political advocacy apparatus, and a policy research institute. Its governance is elected by member farmers, not set by a family or board of investors. This hybrid structure — part lobbying group, part insurer, part grassroots network — is uncommon among national trade associations.

Website
fb.org

General information

Firm type

Trade Association

Year founded

1919

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Washington

Corporate office

Washington, DC, United States

Principals

Zippy Duvall

President

Julie Anna Potts

Executive Vice President

Sector focus

AgriTech & FoodTechInfrastructureEnergy Transition & RenewablesClimateTech

Frequently asked questions

How does the American Farm Bureau Federation influence federal agriculture policy?

AFBF lobbies Congress and USDA on the farm bill, crop insurance, trade, and environmental regulation. It mobilizes grassroots member outreach and operates a political action committee (AFBF-PAC) that contributed over $2.5 million to federal candidates in the 2024 cycle (per FEC filings, 2024).

Does the American Farm Bureau Federation have an insurance arm?

Yes. AFBF owns or is affiliated with multiple insurance companies, including American Farm Bureau Insurance Services, which writes crop, property, and life insurance policies in several states. These entities generate revenue that supports the federation's operations.

Is the American Farm Bureau Federation a for-profit or nonprofit organization?

AFBF is a nonprofit trade association under Section 501(c)(5) of the Internal Revenue Code. Its insurance affiliates operate as for-profit corporations. The federation does not manage third-party capital or function as an investment firm.

Who leads the American Farm Bureau Federation?

Zippy Duvall has been president since 2016. Julie Anna Potts serves as executive vice president. Both are elected by the member delegates at the annual convention.

What is the political giving strategy of AFBF's PAC?

AFBF-PAC historically supports incumbents of both parties who vote favorably on agriculture issues. In 2024, contributions favored Republican candidates about 70/30, reflecting rural district composition (per OpenSecrets, 2024).

How does the American Farm Bureau Federation relate to state farm bureaus?

State farm bureaus are independent member organizations that affiliate with the national AFBF. Membership in a state bureau automatically grants national membership. State bureaus set their own policies and elect delegates to the national convention.

Does AFBF manage any investment funds or family office structures?

No. AFBF is a trade association, not an investment vehicle. Its insurance affiliates maintain their own balance sheets. The federation does not operate a family office, endowment, or external asset management unit.

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