Agricultural Credit Conditions Survey

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State Fact Sheet

Fourth Quarter 2004 Agricultural Credit Conditions Survey

Published January 1, 2005  |  January 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
 7
23
 6
10
Net farm income
24 
35
10
10
20
Farm household spending
 8
16
 5
Farm capital spending
10
26
 6
11
Loan demand
12
17
16
13
20
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
2
8
16
10
10
9
Referrals to other lenders
 4
 3
2
Amount of collateral required
3
 3
10
10
5
Loan Demand
31 
39
29
40
30 


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

Return to: Ag year ends on a high note

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