Federal Agricultural Mortgage Corporation (AGM) 2020年年度报告「NYSE」.pdf

1、Financing Rural America2020 Annual ReportFARMER MAC FINANCIAL ECOSYSTEM$LOANSDEBT SERVICE&DIVIDENDSDEBT&EQUITY FINANCINGFARMERS&RANCHERSAGRIBUSINESSCAPITALMARKETS$LOANSRURALINFRASTRUCTUREFINANCIALINSTITUTIONSFarmer Mac is the secondary market for U.S.agricultural credit and has been a champion for a

2、nd an integral part of this nations rural economy for over 30 years.Guided by our missionto help build a strong and vital rural America by increasing the availability and affordability of credit for the benefit of American agriculture and rural communitieswe provide lenders access to flexible,compet

3、itive financing and effective risk management tools to help their farm,ranch,agricultural,and rural utilities customers.WHO WE AREWHY MISSION MATTERSThis last year was exceptional in multiple ways.The impact of the ongoing pandemic,its resultant shutdowns and economic disruption,and social disconten

4、t boiling over into widespread protests all reflected a uniquely challenging year for America.At Farmer Mac,we have often said that our priorities in such challenging times are the same as they are in the best of times.In fact,we believe that delivering on our missionto help build a strong and vital

5、 rural America by increasing the availability and affordability of credit for the benefit of American agriculture and rural communitiesis even more important in times of stress and economic uncertainties.As Americas secondary market for agricultural credit,we are a committed partner to our customers

6、the rural and agricultural lenders of Americahelping to bring increased financial security,improved economic conditions,and new opportunities to farmers,ranchers,and rural residents and their communities.We know with the benefit of hindsight that rural America has proved to be remarkably resilient i