Federal Agricultural Mortgage Corporation (AGM) 2019年年度报告「NYSE」.pdf

1、ANNUAL REPORT2019FINANCING RURAL AMERICAFarmer Mac is the premier secondary market for U.S.agricultural credit and has been a champion for and 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 availa

2、bility and affordability of credit for the benefit of American agriculture and rural communitieswe provide lenders access to flexible,low-cost financing and effective risk management tools to help their farm,ranch,and rural utilities customers.WHO WE ARELAJUANA S.WILCHER Board ChairBRADFORD T.NORDHO

3、LMPresident and Chief Executive OfficerFARMER MAC HAS HELPED FUND LOANS TO OVER 86,000WHICH HAS RESULTED IN MORE THAN RURAL BORROWERS IN ALL 50 STATES,OF INVESTMENTS IN RURAL AMERICA.$58BILLION12019 ANNUAL REPORTRuralUtilitiesFarmers&RanchersCapitalMarketsFinancialInstitutionsFarmer MacLETTER FROM O

4、UR CEOFINANCIAL ECOSYSTEMOver the course of 2019,Farmer Mac engaged in an extensive process to sharpen our organizations Strategic Plan to enhance our core lines of business and better serve our mission.The process was an iterative and research-intensive effort that involved Farmer Macs management t

5、eam,board of directors,and employee base,as well as input from Farmer Macs customers.While I am excited to share how the early outputs of this work directly tied into our financial success in 2019,the unforeseen challenges presented beginning in March 2020 will require Farmer Mac to respond dynamica

6、lly and stand committed to support rural America.Farmer Mac was chartered by Congress in response to the national farm crisis of the 1980s to provide a secondary market for rural lenders to help increase the availability and affordability of credit in rural America through our access to low cost of