Agricultural Credit Conditions Survey

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State Fact Sheet

First Quarter 2004 Agricultural Credit Conditions Survey

Published April 1, 2004  |  April 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
6
7
3
13 
5
Net farm income
6
7
4
6
 25 
7
Farm household spending
6
7
4
3
13
5
Farm capital spending
4
7
7
9
25
8
Loan demand
26 
21 
15 
19 
25
21 

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
6
36
14
3
10
Referrals to other lenders
 4
13
 2
Amount of collateral required
2
7
 4
9
13
 5
Loan Demand
13 
14
22
16 
50
18

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

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