Agricultural Credit Conditions Survey

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State Fact Sheet-Outlook

Fourth Quarter 2005 Agricultural Credit Conditions Survey

Published January 1, 2006  |  January 2006 issue

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

 
MN
MT
ND
SD
WI
Ninth District
Rate of loan repayments
20
8
23
17
29
19
Net farm income
21
15 
40
20
50
27
Farm household spending
12
20
38
11
Farm capital spending
19
8
43
17
25
23
Loan demand
12
8
 7
 7
13
 9

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

 
MN
MT
ND
SD
WI
Ninth District
Loan renewals or extensions
25
25
30
27
25
27
Referrals to other lenders
 3
9
13
 3
 6
Amount of collateral required
 7
20
 7
Loan Demand
37
33
50
53
41

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

Return to: Farm profits up in 2005, but dark clouds are on the horizon

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Narayana Kocherlakota