Form 10-C
Securities and Exchange Commission
Washington, DC 20549
Report by issuer of securities quoted on The Nasdaq Stock
Market, filed pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934 and Rule 13a-17 or 15d-17
thereunder.
Exact name of issuer as specified in charter: Federal Agricultural
Mortgage Corporation
Address of principal executive offices: 919 18th Street, N.W., Suite 200,
Washington, DC 20006
Issuer's telephone number (including area code): (202) 872-7700
I. Change in Number of Shares Outstanding
Indicate any change (increase or decrease) of five percent or more
in the number of shares outstanding:
1. Title of security: Class A Voting Common Stock
2. Number of shares outstanding before the change: 670,000
3. Number of shares outstanding after the change: 990,000
4. Effective date of change: April 10, 1996
5. Method of change: Negotiated purchase of stock
Specify method (such as merger, acquisition, exchange,
distribution, stock split, reverse split, acquisition of stock
for treasury, etc.)
Give brief description of transaction: Purchase of 320,000
newley issued shares of Farmer Mac Class A Voting Common Stock
II. Change in Name of Issuer
1. Name prior to change:
2. Name after change:
3. Effective Date of charter amendment changing name
4. Date of shareholder approval of change, if required
4/10/96 /s/ Michael T. Bennett
__________________________________________________________________________
Officer's signature and title: Michael T. Bennett, Vice President
General Counsel & Secretary