Agricultural Credit Conditions Survey

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State Fact Sheet

Second Quarter 2005 Agricultural Credit Conditions Survey

Published July 1, 2005  |  July 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
14
8
7
9
Net farm income
23
17 
17 
 —
17 
Farm household spending
 9
7
 —
5
Farm capital spending
14
4
3
14
8
Loan demand
2
10
10 
14
5

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
9
20
 4
14
7
Referrals to other lenders
10
4
14
4
Amount of collateral required
2
10
4
Loan Demand
26 
30
58
27
43
34 

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

Return to: Many agricultural lenders report increased farm income in the second quarter

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