Agricultural Credit Conditions Survey

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State Fact Sheet

Second Quarter 2007 Agricultural Credit Conditions Survey

Published July 1, 2007  |  July 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
6
 8
6
18 
11
10
Net farm income
2
15
12 
15 
11
10
Farm household spending
9
6
 4
Farm capital spending
2
15
6
9
11
 7
Loan demand
22 
9
6
44
14

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
4
23
15
24
11
14
Referrals to other lenders
5
 8
 3
 3
Amount of collateral required
6
15
 3
12
11
 8
Loan demand
28 
38
42
47
22
37

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

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