Federal Reserve Statistical Release, E.15, Agricultural Finance Databook; title with eagle logo links to Statistical Release home page
Release Date: March 31, 2009
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C.5. Average Variable Interest Rates on Farm Loans
Percent
Quarter Other operating loans1 Intermediate non-real-estate loans Long-term real estate loans
Ninth (Minneapolis) Federal Reserve District (MI*, MN, MT, ND, SD, WI*)
2006: Q4 9.0 8.8 8.3
2007: Q1 8.9 8.8 8.2
Q2 8.8 8.7 8.2
Q3 8.7 8.6 8.2
Q4 8.2 8.1 7.6
2008: Q1 6.9 7.0 6.6
Q2 6.6 6.7 6.4
Q3 6.7 6.8 6.5
Q4 6.2 6.4 6.1
Tenth (Kansas City) Federal Reserve District (CO, KS, MO*, NE, NM*, OK, WY)
2006: Q4 9.2 8.9 8.3
2007: Q1 9.1 8.8 8.3
Q2 9.1 8.8 8.2
Q3 9.0 8.7 8.1
Q4 8.5 8.2 7.7
2008: Q1 7.4 7.2 6.7
Q2 7.1 6.9 6.6
Q3 7.0 6.9 6.5
Q4 6.7 6.7 6.4
Twelfth (San Francisco) Federal Reserve District (AL, AZ, CA, HI, ID, NV, OR, UT, WA)
2006: Q4 9.4 9.4 8.8
2007: Q1 9.2 9.3 8.6
Q2 9.4 9.5 9.3
Q3 9.1 8.9 8.8
Q4 8.3 8.4 8.4
2008: Q1 7.5 7.6 7.7
Q2 6.6 6.8 6.8
Q3 6.8 7.3 7.1
Q4 5.5 5.9 5.8
   1. 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.


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