Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
     Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

         Date of Report (Date of earliest event reported): June 25, 2002

                    Federal Agricultural Mortgage Corporation
             (Exact name of registrant as specified in its charter)

    Federally chartered
    instrumentality of
    the United States                    0-17440                 52-1578738
-------------------------------        ------------            --------------
(State or other jurisdiction of        (Commission            (I.R.S. Employer
 incorporation or organization)        File Number)          Identification No.)

1133 Twenty-First Street, N.W., Suite 600, Washington, D.C.            20036
-----------------------------------------------------------         ------------
      (Address of principal executive offices)                       (Zip Code)

       Registrant's telephone number, including area code: (202) 872-7700

                                    No change
          (Former name or former address, if changed since last report)

Item 9.  Regulation FD Disclosure.

     On June 25, 2002, the Registrant issued the following statement in response
to  inquiries  from the press  regarding  a news  article  about the  Registrant
published on June 25, 2002:

     "Farmer Mac has not been provided a copy of the document referred to in the
June 25, 2002 New York Times article.

     For  as  long  as  Farmer  Mac  has  been  regulated  by  the  Farm  Credit
Administration,  it has  submitted  its annual  business  plan to the agency and
fully intends to continue to do so.

     The  FCA  annually  examines  Farmer  Mac for  safety  and  soundness.  FCA
regulations  prohibit the release of the written reports of those  examinations.
Farmer Mac is  confident  it continues to operate in a safe and sound manner and
complies with the  regulations  of the FCA.  Farmer Mac also complies fully with
the disclosure  requirements of federal securities laws mandating  disclosure of
material information  regarding a public company's financial condition,  results
of operations and liquidity,  which would include any regulatory finding that it
was not operating in a safe and sound manner."


     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

                                    FEDERAL AGRICULTURAL MORTGAGE CORPORATION

                                    By:   /s/ Jerome G. Oslick
                                        Name:   Jerome G. Oslick
                                        Title:  Vice President - General Counsel

Dated:      June 25, 2002