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About
The Farm Credit System was established during the period 1916-1933 to meet the unique credit needs of agricultural producers, and to address the financial problems they faced during the deteriorating agricultural economic situation of the 1920s and early 1930s. This paper reviews the structure of the Farm Credit System; the legislation that established it; the System's initial capitalization by the Federal Government and subsequent steps that led to private ownership; and the current status of the System's revolving funds held by the U.S. Treasury.
