America Farm Credit System and Its Experience and Enlightenment

YU Lihong;

In early twentieth Century,the construction of American farm credit system starting point of federal land bank,effectively solved the problem of lack of long-term funding in agriculture,and played a catalytic role on capital and the modernization of agriculture,promoting the development of American agricultural production. This paper,taking America for example,focusing on two aspects about increasing agricultural credit funds supply and supporting the development of modern agriculture,analyzed the organization structure,operation mode of American farm credit system,summarized the successful experience of American farm credit system,and put forward enlightenment about improving the rural land finance law,strict risk control,cultivating land mortgage services market,government support and actively participating,playing the role of market mechanism,and complying with national conditions.