Agricultural Credit Conditions Survey

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State Fact Sheet-Outlook

Second Quarter 2008 Agricultural Credit Conditions Survey

Published August 1, 2008  |  August 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
2
33
30
3
9
7
Net farm income
2
13
7
3
Farm household spending
2
13
10
10
9
8
Farm capital spending
2
25
7
3
5
Loan demand
18
11
7
17
18
15 

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

 
MN
MT
ND
SD
WI
Ninth District
Loan renewals or extensions
2
33
9
4
Referrals to other lenders
7
4
4
9
5
Amount of collateral required
11
11
14
10
9
Loan demand
36
33
43
41
27
38 

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

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