C.1.

Non-real-estate Farm Lending Compared with a Year Earlier
Percent
Demand for loans
Quarter

Lower

Same

Funds availability

Higher

Lower

Same

Loan repayment rate

Higher

Lower

Same

Renewals or extensions

Higher

Lower

Same

Collateral required

Higher

Lower

Same

Higher

Seventh (Chicago) Federal Reserve District (IL*, IN*, IA, MI*, WI*)
2002: Q3...
Q4...

25
23

51
52

24
25

8
6

61
58

31
36

30
29

64
55

6
16

6
14

64
60

30
25

1
0

78
81

21
18

2003: Q1...
Q2...
Q3...
Q4...

22
24
22
22

46
53
61
59

31
23
17
19

6
4
6
4

57
54
59
65

36
42
35
31

31
22
21
15

60
71
72
65

9
6
7
19

7
6
8
14

61
70
72
70

31
24
20
15

1
1
0
0

73
80
86
89

26
19
14
10

2004: Q1...
Q2...
Q3...

16
23
17

53
54
58

31
23
25

5
9
12

59
65
65

36
26
23

10
6
7

52
71
74

38
24
19

28
21
21

65
72
71

7
7
8

1
1
1

90
91
91

9
8
8

Tenth (Kansas City) Federal Reserve District (CO, KS, MO*, NE, NM*, OK, WY)
2002: Q3...
Q4...

18
20

58
56

24
24

10
8

72
69

18
23

40
38

57
54

4
8

2
1

59
58

39
41

0
0

75
75

25
25

2003: Q1...
Q2...
Q3...
Q4...

21
19
22
18

52
58
63
63

26
23
15
19

5
5
4
5

71
66
73
71

24
28
22
24

49
26
20
11

48
64
67
66

4
10
14
23

1
6
6
10

50
67
73
76

48
27
21
14

0
0
0
0

71
78
84
86

29
22
16
14

2004: Q1...
Q2...
Q3...

20
17
14

60
59
60

20
24
26

3
9
11

73
74
74

24
17
15

10
9
8

67
76
77

23
15
16

13
7
10

71
80
82

16
13
8

0
0
0

86
86
91

14
14
9

Eleventh (Dallas) Federal Reserve District (LA*, NM*, TX)

31

2002: Q3...
Q4...

24
22

61
61

15
16

10
6

71
74

19
20

22
21

72
69

7
10

8
7

73
73

18
20

0
0

79
79

21
21

2003: Q1...
Q2...
Q3...
Q4...

25
19
21
19

63
66
65
68

12
15
14
13

6
3
6
1

68
69
70
73

26
28
24
26

19
15
12
5

73
75
78
80

8
10
10
15

8
8
8
13

73
77
78
77

19
15
14
10

0
0
1
0

80
81
83
84

19
19
16
16

2004: Q1...
Q2...
Q3...

19
19
18

62
67
62

18
14
20

4
3
7

75
77
75

22
21
18

4
4
6

76
84
83

20
12
11

17
12
14

76
83
84

7
5
2

0
0
0

92
88
92

8
12
7

C.1. Non-real-estate Farm Lending Compared with a Year Earlier (continued)
Percent
Demand for loans
Quarter

Lower

Same

Funds availability

Higher

Lower

Same

Loan repayment rate

Higher

Lower

Same

Renewals or extensions

Higher

Lower

Same

Collateral required

Higher

Lower

Same

Higher

Ninth (Minneapolis) Federal Reserve District (MI*, MN, MT, ND, SD, WI*)
2002: Q3...
Q4...

18
22

56
55

25
23

8
6

77
64

15
31

33
28

62
56

6
16

3
13

66
57

31
30

0
0

86
80

14
20

2003: Q1...
Q2...
Q3...
Q4...

21
18
17
18

57
51
65
62

21
31
18
20

5
3
3
2

69
76
74
73

26
21
23
25

34
20
15
9

52
73
70
62

14
7
16
30

10
7
10
14

60
69
70
74

30
24
19
12

1
1
0
0

80
81
87
92

20
19
13
8

2004: Q1...
Q2...
Q3...

21
13
11

61
54
67

18
33
21

4
6
9

75
85
81

21
9
10

5
5
5

62
70
79

33
24
16

24
13
8

66
80
86

10
7
6

0
0
1

95
96
92

5
4
8

Fifth (Richmond) Federal Reserve District (MD, NC, SC, VA, WV*)
2002: Q3...
Q4...

41
24

52
62

7
14

19
5

59
67

22
29

30
38

70
62

0
0

11
0

70
67

19
33

11
0

59
62

30
38

2003: Q1...
Q2...
Q3...
Q4...

36
27
14
26

55
73
86
70

9
0
0
4

5
5
0
9

68
62
73
61

27
33
27
30

27
23
23
30

73
77
77
70

0
0
0
0

5
9
5
9

77
68
68
78

18
23
27
13

0
9
0
0

59
55
68
70

41
36
32
30

2004: Q1...
Q2...
Q3...

31
19
41

62
77
56

8
4
4

8
0
4

73
85
67

19
15
30

15
4
7

85
92
78

0
4
15

12
12
4

85
88
93

4
0
4

4
0
0

76
77
72

20
23
28

Twelfth (San Francisco) Federal Reserve District (AL, AZ, CA, HI, ID, NV, OR, UT, WA)
2002: Q3...
Q4...

n.a.
n.a.

n.a.
n.a.

n.a.
n.a.

n.a.
n.a.

n.a.
n.a.

n.a.
n.a.

n.a.
n.a.

n.a.
n.a.

n.a.
n.a.

n.a.
n.a.

n.a.
n.a.

n.a.
n.a.

n.a.
n.a.

n.a.
n.a.

n.a.
n.a.

2003: Q1...
Q2...
Q3...
Q4...

17
15
25
22

42
58
63
43

42
27
13
35

13
4
8
0

58
73
71
74

29
23
21
26

30
16
25
22

61
80
58
65

9
4
17
13

0
4
0
4

71
77
75
78

29
19
25
17

0
0
0
0

50
77
79
83

50
23
21
17

2004: Q1...
Q2...
Q3...

9
9
18

55
61
59

36
30
23

0
4
5

77
70
86

23
26
10

9
13
0

86
65
76

5
22
24

14
0
14

64
78
76

23
22
10

0
0
0

86
91
90

14
9
10

* State falls only partly within the indicated Reserve District.
n.a. Not available.
Source. Federal Reserve Bank quarterly surveys of agricultural credit conditions at commercial banks.

32