I think the positive with Farm Credit is that it isn't dependent on the bond markets to raise capital (correct me if I'm wrong). It has a political risk, but I don't think any party in Canada would be willing to pull the rug out from under it. The situation in the 80's I think was made worse because the big banks suddenly decided to greatly reduce their exposure to agriculture.

I'm glad for the other comment that there is a movement in locking in interest rates. That should help stabilize any downturn.