Annual ReportsAgricultural Credit Conditions Survey
Back to PublicationState Fact Sheet
Third Quarter 2004 Agricultural Credit Conditions Survey
Published October 1, 2004 | October 2004 issue
Percent of respondents who reported decreased levels for the past three months compared with the same period last year:
| MN |
MT |
ND | SD |
WI |
Ninth District |
|
|---|---|---|---|---|---|---|
| Rate of loan repayments | 5 |
— |
6 |
6 |
— |
5 |
| Net farm income | 16 |
— |
20 |
9 |
33 |
15 |
| Farm household spending | 7 |
— |
10 |
— |
— |
5 |
| Farm capital spending | 12 |
— |
13 |
6 |
22 |
10 |
| Loan demand | 9 |
20 |
3 |
16 |
22 |
11 |
Percent of respondents who reported increased levels for the past three months compared with the same period last year:
| MN |
MT |
ND |
SD |
WI |
Ninth District |
|
|---|---|---|---|---|---|---|
| Loan renewals or extensions | 5 |
13 |
3 |
6 |
11 |
6 |
| Referrals to other lenders | 2 |
— |
— |
— |
— |
1 |
| Amount of collateral required | 7 |
7 |
10 |
6 |
11 |
8 |
| Loan Demand | 20 |
20 |
16 |
28 |
22 |
21 |
Note: The Upper Peninsula of Michigan is not part of the survey.
