Federal Reserve Statistical Release, E.15, Agricultural Finance Databook; title with eagle logo links to Statistical Release home page
Release Date: March 31, 2007
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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*)
2004: Q4 6.8 6.8 6.4
2005: Q1 7.1 7.1 6.7
Q2 7.4 7.3 6.9
Q3 7.7 7.7 7.2
Q4 8.1 8.0 7.6
2006: Q1 8.3 8.3 7.8
Q2 8.7 8.7 8.2
Q3 8.9 8.8 8.3
Q4 9.0 8.8 8.3
Tenth (Kansas City) Federal Reserve District (CO, KS, MO*, NE, NM*, OK, WY)
2004: Q4 7.3 7.1 6.6
2005: Q1 7.5 7.3 6.8
Q2 7.7 7.5 7.0
Q3 8.1 7.9 7.3
Q4 8.4 8.2 7.6
2006: Q1 8.6 8.4 7.9
Q2 9.0 8.8 8.2
Q3 9.1 8.9 8.4
Q4 9.6 9.1 8.3
Twelfth (San Francisco) Federal Reserve District (AL, AZ, CA, HI, ID, NV, OR, UT, WA)
2004: Q4 6.7 7.0 6.9
2005: Q1 7.1 7.3 7.3
Q2 7.4 7.7 7.5
Q3 7.9 8.0 7.8
Q4 8.8 8.8 8.5
2006: Q1 8.9 9.0 8.6
Q2 9.1 9.1 8.7
Q3 9.3 9.3 8.8
Q4 9.4 9.4 8.8
   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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