Agricultural Credit Conditions Survey

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State Fact Sheet-Outlook

First Quarter 2008 Agricultural Credit Conditions Survey

Published May 1, 2008  |  May 2008 issue

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

 
MN
MT
ND
SD
WI
Ninth District
Rate of loan repayments
7
18
7
Net farm income
10
3
5
Farm household spending
7
3
3
Farm capital spending
5
4
Loan demand
10
13
13
33
11 

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

 
MN
MT
ND
SD
WI
Ninth District
Loan renewals or extensions
 9
 7
 3
13
 4
Referrals to other lenders
 3
10
 3
Amount of collateral required
10
 9
 7
26
33
15
Loan Demand
45
36
53
60
22
48

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

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