LIMITED POWER OF ATTORNEY

     I, Grace T.  Daniel,  do hereby grant power of attorney to Jerome G. Oslick
and, in Mr. Oslick's absence,  Stephen P. Mullery for the sole purpose of filing
Forms 3, 4, or 5 to report my  transactions  in Farmer Mac  securities  with the
Securities  and  Exchange  Commission  as  required  by  Section  16(b)  of  the
Securities  Exchange  Act of 1934 and with the Farm Credit  Administration  (the
"FCA") as required  by  regulations  issued by the FCA.  This  Limited  Power of
Attorney will remain in effect until revoked in writing by me.


Dated: June 5, 2003





Signature: /s/ Grace T. Daniel
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