Farm and Rural Credit Amendments

Farm and Rural Credit Amendments - Increases the credit facilities for farmers and other rural residents under the Consolidated Farm and Rural Development Act. Requires the Commodity Credit Corporation to: (1) insure buyers and sellers who contract for future delivery of agricultural commodities (including livestock) against financial loss resulting from failure to comply; and (2) finance the purchase of agricultural commodities from producers whenever the purchaser is unable to make payment upon delivery because of an unavoidable delay and obtaining reasonable financing from usual sources for such purposes.