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C.2. Expected Farm Loan Volume for the Next Quarter, Compared with a Year Earlier
Percent Quarter
                  Total
                  Purpose of loanFeeder cattle
                  Dairy
                  Crop storage
                  Operating
                  Farm machineryLower
                  Same
                  Higher
                  Lower
                  Same
                  Higher
                  Lower
                  Same
                  Higher
                  Lower
                  Same
                  Higher
                  Lower
                  Same
                  Higher
                  Lower
                  Same
                  HigherSeventh (Chicago) Federal Reserve District (IL*, IN*, IA, MI*, WI*)2002: Q3
          23
          54
          23
          32
          64
          3
          26
          67
          7
          25
          69
          6
          16
          49
          35
          33
          50
          17Q4
          19
          58
          23
          21
          70
          9
          20
          74
          6
          23
          73
          4
          14
          50
          36
          30
          54
          152003: Q1
          23
          53
          24
          19
          73
          8
          24
          71
          5
          26
          72
          2
          14
          46
          40
          32
          56
          12Q2
          18
          65
          18
          17
          78
          6
          19
          75
          6
          23
          71
          5
          9
          63
          28
          29
          59
          12Q3
          17
          61
          22
          22
          65
          13
          17
          78
          5
          21
          71
          8
          11
          60
          30
          26
          61
          13Q4
          15
          58
          27
          31
          59
          10
          13
          80
          7
          17
          76
          8
          11
          54
          35
          17
          55
          282004: Q1
          13
          56
          31
          20
          71
          10
          15
          73
          12
          11
          71
          18
          16
          50
          34
          12
          42
          46Q2
          17
          60
          22
          26
          64
          10
          18
          73
          9
          12
          74
          14
          15
          63
          21
          13
          53
          33Q3
          13
          60
          27
          27
          64
          9
          15
          79
          6
          12
          66
          22
          11
          58
          31
          11
          50
          39Eleventh (Dallas) Federal Reserve District (LA*, NM*, TX)2002: Q3
          24
          63
          13
          30
          60
          10
          20
          73
          7
          16
          76
          9
          21
          58
          21
          31
          65
          5Q4
          22
          66
          12
          26
          58
          15
          19
          75
          6
          18
          76
          6
          20
          64
          16
          29
          62
          92003: Q1
          20
          67
          13
          22
          69
          10
          14
          84
          3
          11
          85
          4
          16
          67
          17
          28
          60
          11Q2
          16
          66
          18
          17
          70
          13
          16
          79
          6
          19
          75
          6
          15
          69
          16
          24
          68
          9Q3
          17
          72
          12
          16
          65
          19
          14
          81
          6
          12
          85
          3
          11
          76
          13
          21
          75
          4Q4
          18
          68
          13
          22
          62
          16
          17
          80
          3
          14
          84
          2
          10
          76
          13
          15
          74
          112004: Q1
          11
          70
          19
          13
          75
          12
          11
          83
          6
          11
          86
          3
          11
          72
          17
          10
          76
          14Q2
          16
          68
          16
          27
          60
          13
          15
          81
          4
          11
          85
          4
          15
          70
          16
          15
          69
          16Q3
          16
          61
          23
          23
          61
          16
          11
          84
          4
          7
          83
          10
          9
          64
          27
          12
          73
          15Fifth (Richmond) Federal Reserve District (MD, NC, SC, VA, WV*)2002: Q3
          30
          57
          13
          22
          78
          0
          22
          78
          0
          21
          63
          16
          33
          59
          7
          50
          50
          0Q4
          27
          53
          20
          15
          69
          15
          21
          71
          7
          40
          53
          7
          30
          50
          20
          45
          50
          52003: Q1
          29
          53
          18
          13
          75
          13
          19
          75
          6
          17
          67
          17
          23
          55
          23
          38
          57
          5Q2
          25
          60
          15
          24
          71
          6
          31
          63
          6
          6
          78
          17
          19
          71
          10
          33
          62
          5Q3
          14
          71
          14
          7
          80
          13
          33
          60
          7
          11
          74
          16
          10
          81
          10
          33
          48
          19Q4
          21
          74
          5
          12
          82
          6
          17
          78
          6
          15
          75
          10
          14
          82
          5
          9
          77
          142004: Q1
          10
          81
          10
          17
          61
          22
          24
          71
          6
          23
          68
          9
          12
          76
          12
          20
          64
          16Q2
          4
          92
          4
          0
          89
          11
          0
          94
          6
          9
          86
          5
          8
          84
          8
          12
          68
          20Q3
          30
          61
          9
          22
          67
          11
          32
          63
          5
          39
          57
          4
          23
          69
          8
          27
          62
          12 1. Non-real-estate loans with a term greater than one season.  Primarily comprises loans for
farm machinery. Return to table
   2. Loans used primarily to finance such items as current crop production expenses and the care
and feeding of livestock (including poultry). Return to table
   * 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.


Statistical releases

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