Agricultural Credit Conditions Survey

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State Fact Sheet-Outlook

Fourth Quarter 2004 Agricultural Credit Conditions Survey

Published January 1, 2005  |  January 2005 issue

Percent of respondents who expect decreased levels for the next three months:

 
MN
MT
ND
SD
WI
Ninth District
Rate of loan repayments
23
18
21
10
17
Net farm income
34
25
23
13
33
25
Farm household spending
13
 8
16
11
10
Farm capital spending
24
17
29
 7
11
20
Loan demand
 9
11
10
  6 

Percent of respondents who expect increased levels for the next three months:

 
MN
MT
ND
SD
WI
Ninth District
Loan renewals or extensions
17
18
29
7
11
17
Referrals to other lenders
13
7
 5
Amount of collateral required
 2
 4
7
22
 5
Loan Demand
55
45
43
34 
44
45

Note: The Upper Peninsula of Michigan is not part of the survey.


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