C.2. Expected Farm Loan Volume for the Next Quarter, Compared with a Year Earlier Percent ________________________________________________________________________________________________________________________________________________ Purpose of loan ___________________________________________________________________________________________________________________________________ Total Feeder cattle Dairy Crop storage Operating Farm machinery ___________________________________________________________________________________________________________________________________ Quarter Lower Same Higher Lower Same Higher Lower Same Higher Lower Same Higher Lower Same Higher Lower Same Higher ________________________________________________________________________________________________________________________________________________ Seventh (Chicago) Federal Reserve District (IL*, IN*, IA, MI*, WI*) ________________________________________________________________________________________________________________________________________________ 2004: Q1... | 13 56 31 20 71 10 15 73 12 11 71 18 16 50 34 12 42 46 Q2... | 17 60 22 26 64 10 18 73 9 12 74 14 15 63 21 13 53 33 Q3... | 13 60 27 27 64 9 15 79 6 12 66 22 11 58 31 11 50 39 Q4... | 9 58 33 14 75 10 12 81 7 10 77 13 10 50 40 8 53 39 2005: Q1... | 9 61 30 16 72 12 11 80 9 12 78 9 9 52 39 12 62 26 Q2... | 14 62 24 21 70 9 12 82 7 18 68 15 9 58 33 21 58 20 Q3... | 10 57 33 16 73 11 7 89 5 14 63 23 9 42 49 27 54 19 Q4... | 10 51 39 17 65 17 12 83 5 17 67 16 7 39 54 22 58 20 2006: Q1... | 8 55 37 21 72 7 12 81 7 17 63 19 7 39 54 24 59 17 ________________________________________________________________________________________________________________________________________________ Eleventh (Dallas) Federal Reserve District (LA*, NM*, TX) ________________________________________________________________________________________________________________________________________________ 2004: Q1... | 11 70 19 13 75 12 11 83 6 11 86 3 11 72 17 10 76 14 Q2... | 16 68 16 27 60 13 15 81 4 11 85 4 15 70 16 15 69 16 Q3... | 16 61 23 23 61 16 11 84 4 7 83 10 9 64 27 12 73 15 Q4... | 12 71 17 13 72 15 11 89 0 9 84 7 7 74 19 11 73 16 2005: Q1... | 12 69 19 19 66 15 16 80 4 11 84 5 11 68 22 14 69 17 Q2... | 15 69 15 15 74 12 13 80 2 8 82 5 10 72 18 11 78 10 Q3... | 12 67 21 17 68 15 12 81 1 7 83 5 8 70 21 16 68 17 Q4... | 12 73 15 17 64 19 12 79 4 13 76 6 12 69 19 12 72 16 2006: Q1... | 23 58 19 25 67 8 12 83 5 14 83 3 21 62 16 24 64 12 ________________________________________________________________________________________________________________________________________________ Fifth (Richmond) Federal Reserve District (MD, NC, SC, VA, WV*) ________________________________________________________________________________________________________________________________________________ 2004: Q1... | 10 81 10 17 61 22 24 71 6 23 68 9 12 76 12 20 64 16 Q2... | 4 92 4 0 89 11 0 94 6 9 86 5 8 84 8 12 68 20 Q3... | 30 61 9 22 67 11 32 63 5 39 57 4 23 69 8 27 62 12 Q4... | 22 65 13 18 71 12 17 72 11 13 78 9 20 60 20 28 60 12 2005: Q1... | 18 73 9 19 71 10 14 81 5 4 96 0 16 68 16 16 72 12 Q2... | 11 67 22 7 87 7 27 73 0 19 81 0 11 67 22 17 78 6 Q3... | 24 71 5 6 89 6 13 88 0 11 11 0 5 19 79 9 18 76 Q4... | 28 61 11 14 71 14 20 80 0 13 75 13 26 58 16 26 68 5 2006: Q1... | 21 63 16 19 69 13 19 81 0 22 72 6 23 68 9 29 57 14 ________________________________________________________________________________________________________________________________________________ * State falls only partly within the indicated Reserve District. Source. Federal Reserve Bank quarterly surveys of agricultural credit conditions at commercial banks. 33