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News Release

Contact: Rosie Cataldo
612-204-5261

Date: June 25, 2001

Appendix - State Fact Sheet

Agricultural Credit Conditions Survey
Second Quarter 2001

Percent of respondents who reported below normal levels for the past three months:

  MN MT ND SD Ninth District
Rate of loan repayments
33
11
14
16
22
Net farm income
67
33
20
40
45
Farm household spending
23
33
40
20
29
Farm capital spending
60
44
73
48
56
Machinery loans
43
22
60
28
40

Percent of respondents who reported above normal levels for the past three months:

  MN MT ND SD Ninth District
Loan renewals or extensions
30
22
14
20
25
Referrals to other lenders
14
11
8
Amount of collateral required
17
11
29
12
19
Operating loans (excludes feeder loans)
33
11
20
32
30

Note: Wisconsin is omitted from this report due to the small number of survey respondents. The Upper Peninsula of Michigan is not part of the survey.

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