Agricultural Credit Conditions Survey

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State Fact Sheet

First Quarter 2007 Agricultural Credit Conditions Survey

Published April 1, 2007  |  April 2007 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
7
17
30
21
16
Net farm income
5
42
31
31
11
21
Farm household spending
7
25
14
12
11
Farm capital spending
5
50
17
28
22
19
Loan demand
23 
17
 3
12
33
16

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
11
25
43
34
25
Referrals to other lenders
 2
 4
 3
 3
Amount of collateral required
 2
15
22
 6
Loan Demand
30
33
37
39
11
33

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

Return to: Farmers optimistic for 2007

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