Agricultural Credit Conditions Survey

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State Fact Sheet - Outlook

Fourth Quarter 2008 Agricultural Credit Conditions Survey

Published January 1, 2009  |  January 2009 issue

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


 
MN
MT
ND
SD
WI
Ninth District
Rate of loan repayments
 5
11
 6
6
22
Net farm income
58
80
48
63
67
59
Farm household spending
48
70
34
50
33
46
Farm capital spending
68
70
45
66
78
63
Loan demand
 9
20
11
 9
9
11

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


 
MN
MT
ND
SD
WI
Ninth District
Loan renewals or extensions
11
50
15
44
44
25
Referrals to other lenders
 5
22
 7
 3
 3
 6
Amount of collateral required
32
30
23
32
32
30
Loan demand
42
20
33
38
38
36

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

Return to: Agriculture slips in the fourth quarter of 2008.

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