Agricultural Credit Conditions Survey

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State Fact Sheet

First Quarter 2008 Agricultural Credit Conditions Survey

Published May 1, 2008  |  May 2008 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
3
2
Net farm income
Farm household spending
Farm capital spending
3
1
Loan demand
17 
38
25 
40
24 

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
 2
9
10
3
10
 6
Referrals to other lenders
 2
 4
3
 3
Amount of collateral required
10
9
 3
9
40
10
Loan Demand
29
27 
31
38 
20
31

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

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