Agricultural Credit Conditions Survey

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State Fact Sheet-Outlook

Third Quarter 2006 Agricultural Credit Conditions Survey

Published October 1, 2006  |  October 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
16
40
46
 50
31
Net farm income
40
22
66
55
 88
53
Farm household spending
16
22
31
32
 75
28
Farm capital spending
38
22
56
52
100
49
Loan demand
16
33
 7
25
 38
19

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

  MN MT ND SD WI
Ninth District
Loan renewals or extensions
28
25
40
43
38
35
Referrals to other lenders
 4
 2
Amount of collateral required
11
17
25
13
12
Loan Demand
26
11
48
39
13
32

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

Return to: Agriculture slips during third quarter

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Narayana Kocherlakota