Agricultural Credit Conditions Survey

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State Fact Sheet

Third Quarter 2005 Agricultural Credit Conditions Survey

Published October 1, 2005  |  October 2005 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
19
21
14
16
Net farm income
36
11
22
43
50
33
Farm household spending
12
 7
 7
13
 9
Farm capital spending
32
33
33
18
25
28
Loan demand
 5
11
18
 4
25
10

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
21
11
18
14
25
18
Referrals to other lenders
11
 4
 4
 2
Amount of collateral required
 2
22
11
 5
Loan Demand
26
44
36
32
13
30

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

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