Despite talk of farm bubble, Farmer Mac woos investors | Reuters

By David Randall


NEW YORK Farmer Mac - the farm loan equivalent of its cousins Freddie Mac and Fannie Mae - owes its existence to the last time a U.S. farm bubble burst. Now, the company is trying to convince investors it would survive another one.

The market isn't giving the company a vote of confidence yet. Just five years ago, Farmer Mac had to be rescued by its creditors after its large positions in Lehman Brothers and Fannie Mae went sour. Now, the revived company must prove to skeptical investors that it can withstand a