Agricultural Credit Conditions Survey

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State Fact Sheet-Outlook

Third Quarter 2004 Agricultural Credit Conditions Survey

Published October 1, 2004  |  October 2004 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
3
13
Net farm income
41
28
6
50
25
Farm household spending
7
14
3
13
7
Farm capital spending
18
28
3
25
15
Loan demand
7
7
11
20
10

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

 
MN
MT
ND
SD
WI
Ninth District
Loan renewals or extensions
28
20
29
3
13
34
Referrals to other lenders
 3
 1
Amount of collateral required
12
 7
11
10
10
Loan Demand
28
33
29
20
50
28

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

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