C.2. Expected Farm Loan Volume for the Next Quarter, Compared with a Year Earlier
Percent

Quarter	Total			Purpose of loan
				Feeder cattle			Dairy			Crop storage			Operating			Farm machinery
	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*)
2000: Q3	16	60	24	23	66	11	26	66	8	17	57	26	11	54	35	43	49	8
Q4	16	53	31	18	67	15	28	66	7	25	66	9	7	42	51	39	52	9
2001: Q1	13	54	33	14	70	16	25	68	7	29	61	10	8	43	49	42	45	13
Q2	20	57	23	22	65	13	22	71	7	29	61	9	12	53	35	42	50	8
Q3	23	59	18	24	67	9	22	72	6	27	66	7	13	60	27	42	47	11
Q4	19	53	28	24	68	8	16	77	6	28	67	5	12	47	40	43	45	12
2002: Q1	19	54	27	25	68	7	20	72	8	27	67	6	11	49	40	39	51	10
Q2	18	63	19	32	64	3	20	73	7	28	65	6	12	60	28	38	54	7
Q3	23	54	23	32	64	3	26	67	7	25	69	6	16	49	35	33	50	17
Eleventh (Dallas) Federal Reserve District (LA*, NM*, TX)
2000: Q3	24	60	16	32	52	16	18	80	2	16	74	10	17	61	22	31	60	10
Q4	20	57	23	15	65	20	15	78	2	16	78	6	14	55	31	29	55	16
2001: Q1	20	58	22	17	65	17	17	78	5	14	83	3	17	57	26	29	60	11
Q2	25	55	21	16	64	19	17	78	5	14	77	9	18	61	21	31	56	13
Q3	22	60	18	19	63	19	18	77	5	15	80	5	18	63	19	31	58	11
Q4	24	63	13	18	67	16	16	78	6	12	81	8	19	64	18	35	58	7
2002: Q1	29	55	16	25	65	10	18	75	7	18	77	5	25	59	16	35	57	8
Q2	29	60	11	37	58	5	20	74	6	20	74	6	23	58	19	31	62	7
Q3	24	63	13	30	60	10	20	73	7	16	76	9	21	58	21	31	65	5
Fifth (Richmond) Federal Reserve District (MD, NC, SC, VA, WV*)
2000: Q3	40	57	3	35	65	0	29	71	0	11	59	30	26	65	9	38	53	9
Q4	19	71	10	13	80	7	25	75	0	13	69	19	14	77	9	30	70	0
2001: Q1	17	70	13	12	88	0	18	82	0	10	81	10	8	72	20	24	68	8
Q2	27	70	3	17	83	0	26	74	0	19	73	8	13	88	0	26	74	0
Q3	40	55	5	28	72	0	27	73	0	6	76	18	8	88	4	25	71	4
Q4	25	67	8	30	70	0	18	76	6	29	57	14	19	74	7	41	56	4
2002: Q1	19	70	11	16	76	8	20	72	8	18	79	4	21	69	10	23	67	10
Q2	31	62	8	27	73	0	23	77	0	29	67	4	33	63	3	41	59	0
Q3	30	57	13	22	78	0	22	78	0	21	63	16	33	59	7	50	50	0

Quarter	Purpose of loan
	Feeder livestock			Other intermediate1			Farm real estate			Other operating2			Farm machinery
	Lower	Same	Higher	Lower	Same	Higher	Lower	Same	Higher	Lower	Same	Higher	Lower	Same	Higher
Ninth (Minneapolis) Federal Reserve District (MI*, MN, MT, ND, SD, WI*)
2000: Q3	14	71	15	27	65	8	35	53	12	6	68	26	39	54	7
Q4	15	69	16	23	74	3	39	55	6	9	78	13	43	53	4
2001: Q1	14	76	10	18	76	6	28	62	11	7	69	23	34	61	5
Q2	17	75	8	19	76	6	28	64	8	6	67	27	35	60	5
Q3	17	77	6	16	78	6	26	62	12	10	68	22	28	67	4
Q4	17	77	6	25	64	11	29	55	17	6	75	19	44	47	9
2002: 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.
Q2	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.
Q3	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.

   Note. Beginning in 2002, the Minneapolis Reserve District will no longer report loan demand.
   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.