Chart 5. Farmland Loan Growth Remains Well below 1970s Levels
Year-over-Year Growth Rate (Percent)

YearFarmland Prices - 2007 dollarsFarmland Loans - commercial banksFarmland Loans - farm banks in continuous operation YE 1972 through YE 2007
19735.7513.7811.84
197410.569.3610.45
19753.175.8318.51
197610.407.7319.71
197712.1115.0518.02
19784.129.537.57
19796.211.140.65
19803.40-0.29-3.71
19810.73-2.470.65
1982-5.340.577.59
1983-7.2311.1125.88
1984-2.569.4221.21
1985-14.0511.5729.14
1986-11.8811.8925.68
1987-9.7013.5624.87
19881.327.5114.09
19890.887.6011.16
1990-3.083.589.70
1991-1.207.0210.59
1992-1.607.7912.90
19930.844.989.81
19945.148.1412.96
19952.855.558.64
19962.084.429.90
19972.068.4414.28
19983.577.4812.90
19993.469.648.96
20002.386.8810.71
20012.594.218.95
20023.587.1310.94
20032.626.929.79
20044.309.6310.12
200517.367.025.75
200611.559.647.44
200710.538.888.75


Sources: FDIC, commercial banks. USDA.