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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*)2006: Q4
          18
          47
          35
          27
          66
          7
          15
          78
          7
          9
          53
          38
          17
          40
          43
          9
          42
          492007: Q1
          10
          51
          38
          23
          68
          8
          13
          79
          8
          5
          51
          45
          9
          42
          49
          7
          47
          45Q2
          10
          59
          30
          23
          71
          6
          12
          79
          8
          8
          48
          44
          11
          55
          34
          11
          47
          42Q3
          15
          50
          35
          16
          72
          12
          9
          86
          5
          5
          58
          37
          13
          46
          40
          7
          40
          53Q4
          16
          42
          41
          27
          67
          6
          9
          80
          11
          5
          62
          33
          18
          32
          50
          9
          35
          562008: Q1
          20
          46
          34
          41
          55
          4
          17
          77
          6
          8
          59
          33
          19
          35
          46
          11
          37
          52Q2
          26
          49
          25
          45
          52
          3
          22
          72
          6
          10
          56
          34
          26
          36
          38
          11
          46
          44Q3
          18
          37
          45
          31
          64
          4
          19
          76
          5
          13
          67
          20
          8
          35
          57
          18
          49
          33Q4
          16
          41
          43
          28
          72
          1
          13
          77
          10
          19
          67
          14
          7
          30
          63
          22
          50
          27Eleventh (Dallas) Federal Reserve District (LA*, NM*, TX)2006: Q4
          14
          66
          20
          26
          63
          11
          10
          80
          5
          10
          85
          6
          11
          66
          23
          25
          66
          92007: Q1
          13
          64
          24
          18
          72
          10
          12
          77
          5
          12
          81
          7
          7
          65
          28
          14
          73
          13Q2
          8
          66
          26
          16
          74
          10
          17
          75
          2
          13
          80
          7
          7
          69
          23
          9
          76
          14Q3
          10
          72
          18
          15
          75
          10
          11
          80
          3
          8
          75
          18
          7
          69
          24
          9
          68
          23Q4
          11
          63
          26
          16
          71
          13
          7
          90
          3
          8
          76
          16
          8
          64
          27
          5
          73
          212008: Q1
          22
          57
          21
          29
          65
          6
          11
          86
          4
          17
          76
          7
          19
          55
          26
          18
          59
          23Q2
          21
          56
          23
          40
          53
          8
          13
          85
          2
          8
          78
          14
          15
          51
          34
          17
          60
          23Q3
          15
          71
          15
          31
          65
          4
          11
          89
          0
          13
          74
          13
          11
          58
          30
          24
          66
          9Q4
          38
          52
          10
          47
          48
          5
          19
          69
          6
          23
          71
          6
          22
          52
          26
          40
          50
          10Fifth (Richmond) Federal Reserve District (MD, NC, SC, VA, WV*)2006: Q4
          25
          70
          5
          18
          76
          6
          24
          76
          0
          16
          68
          16
          25
          70
          5
          20
          75
          52007: Q1
          26
          58
          16
          20
          67
          13
          21
          64
          14
          44
          50
          6
          21
          58
          21
          20
          65
          15Q2
          12
          88
          0
          6
          94
          0
          13
          88
          0
          11
          78
          11
          11
          84
          5
          11
          89
          0Q3
          36
          64
          0
          18
          82
          0
          20
          80
          0
          8
          58
          33
          21
          71
          7
          46
          38
          15Q4
          39
          56
          6
          33
          67
          0
          31
          69
          0
          24
          76
          0
          17
          61
          22
          26
          68
          52008: Q1
          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.Q2
          25
          56
          19
          20
          73
          7
          21
          71
          7
          19
          56
          25
          13
          75
          13
          25
          63
          13Q3
          60
          33
          7
          36
          64
          0
          46
          54
          0
          29
          64
          7
          40
          47
          13
          47
          53
          0Q4
          56
          38
          6
          43
          57
          0
          50
          50
          0
          36
          50
          14
          50
          38
          13
          50
          38
          13 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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