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Long-Term Debt - Long-Term Debt Outstanding (Details) - USD ($)
$ in Thousands
Feb. 28, 2022
May 31, 2021
Long-term debt    
Long-term debt $ 21,521,734 $ 20,603,123
Collateral trust bonds    
Long-term debt    
Long-term debt, gross 7,547,711 7,452,711
Unamortized discount (219,775) (227,046)
Debt issuance costs (33,787) (33,721)
Long-term debt 7,294,149 7,191,944
Guaranteed Underwriter Program notes payable    
Long-term debt    
Long-term debt 6,149,203 6,269,303
Farmer Mac notes payable    
Long-term debt    
Long-term debt 3,018,130 2,977,909
Other secured notes payable    
Long-term debt    
Long-term debt, gross 2,755 4,412
Debt issuance costs (11) (22)
Long-term debt 2,744 4,390
Notes payable    
Long-term debt    
Long-term debt 9,170,077 9,251,602
Secured debt    
Long-term debt    
Long-term debt 16,464,226 16,443,546
Medium-term notes sold through dealers    
Long-term debt    
Long-term debt, gross 4,891,283 3,943,728
Medium-term notes sold to members    
Long-term debt    
Long-term debt, gross 186,104 232,346
Medium term notes sold through dealers and to members    
Long-term debt    
Long-term debt, gross 5,077,387 4,176,074
Unamortized discount (2,155) (2,307)
Debt issuance costs (19,687) (18,036)
Long-term debt 5,055,545 4,155,731
Other unsecured notes payable    
Long-term debt    
Long-term debt, gross 1,979 3,886
Unamortized discount (14) (35)
Debt issuance costs (2) (5)
Total other unsecured notes payable    
Long-term debt    
Long-term debt 1,963 3,846
Unsecured debt    
Long-term debt    
Long-term debt $ 5,057,508 $ 4,159,577