C.2.

Expected Farm Loan Volume for the Next Quarter, Compared with a Year Earlier
Percent
Purpose of loan
Total
Quarter

Lower

Same

Feeder cattle
Higher

Lower

Same

Dairy

Higher

Lower

Same

Crop storage
Higher

Lower

Same

Operating

Higher

Lower

Farm machinery

Same

Higher

Lower

Same

Higher

Seventh (Chicago) Federal Reserve District (IL*, IN*, IA, MI*, WI*)
2005: Q2...
Q3...
Q4...

14
10
10

62
57
51

24
33
39

21
16
17

70
73
65

9
11
17

12
7
12

82
89
83

7
5
5

18
14
17

68
63
67

15
23
16

9
9
7

58
42
39

33
49
54

21
27
22

58
54
58

20
19
20

2006: Q1...
Q2...
Q3...
Q4...

8
16
12
18

55
55
58
47

37
29
30
35

21
15
17
27

72
78
71
66

7
7
11
7

12
13
15
15

81
80
77
78

7
7
9
7

17
15
11
9

63
60
60
53

19
25
28
38

7
10
8
17

39
49
45
40

54
41
47
43

24
27
20
9

59
62
60
42

17
11
20
49

2007: Q1...
Q2...

10
10

51
59

38
30

23
23

68
71

8
6

13
12

79
79

8
8

5
8

51
48

45
44

9
11

42
55

49
34

7
11

47
47

45
42

Eleventh (Dallas) Federal Reserve District (LA*, NM*, TX)
2005: Q2...
Q3...
Q4...

15
12
12

69
67
73

15
21
15

15
17
17

74
68
64

12
15
19

13
12
12

80
81
79

2
1
4

8
7
13

82
83
76

5
5
6

10
8
12

72
70
69

18
21
19

11
16
12

78
68
72

10
17
16

2006: Q1...
Q2...
Q3...
Q4...

23
25
23
14

58
61
63
66

19
14
14
20

25
35
21
26

67
61
67
63

8
4
12
11

12
11
11
10

83
82
80
80

5
2
4
5

14
13
11
10

83
77
85
85

3
5
5
6

21
20
13
11

62
58
59
66

16
22
28
23

23
23
23
25

64
67
73
66

12
10
4
9

2007: Q1...
Q2...

13
8

64
66

24
26

18
15

72
75

10
11

12
17

77
76

5
2

12
13

81
81

7
7

7
8

65
69

28
24

14
10

73
76

13
15

Fifth (Richmond) Federal Reserve District (MD, NC, SC, VA, WV*)
2005: Q2...
Q3...
Q4...

11
24
28

67
71
61

22
5
11

7
6
14

87
89
71

7
6
14

27
13
20

73
88
80

0
0
0

19
11
13

81
11
75

0
0
13

11
5
26

67
19
58

22
79
16

17
9
26

78
18
68

6
76
5

2006: Q1...
Q2...
Q3...
Q4...

21
16
47
25

63
74
53
70

16
11
0
5

19
0
29
18

69
87
64
76

13
13
7
6

19
21
31
24

81
79
69
76

0
0
0
0

22
13
31
16

72
81
69
68

6
6
0
16

23
21
42
25

68
68
58
70

9
11
0
5

29
30
47
20

57
60
47
75

14
10
5
5

2007: Q1...
Q2...

26
12

58
88

16
0

20
6

67
94

13
0

21
13

64
88

14
0

44
11

50
78

6
11

21
11

58
84

21
5

20
11

65
89

15
0

* State falls only partly within the indicated Reserve District.
Source. Federal Reserve Bank quarterly surveys of agricultural credit conditions at commercial banks.

33