Agricultural Credit Conditions Survey

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State Fact Sheet-Outlook

Second Quarter 2004 Agricultural Credit Conditions Survey

Published July 1, 2004  |  July 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
 9
9
 8
9
-
 8
Net farm income
17
-
19
11 
11
14
Farm household spending
 4
-
 4
3
11
 4
Farm capital spending
11
-
19
8
11
11
Loan demand
13
-
16
3
10
 9

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


 
MN
MT
ND
SD
WI
Ninth District
Loan renewals or extensions
-
-
12
9
-
5
Referrals to other lenders
-
9
5
3
-
3
Amount of collateral required
2
-
-
3
-
2
Loan Demand
15
45
36
43
30
31

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

Return to: Ag conditions remain strong despite cool weather

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