Agricultural Credit Conditions Survey

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State Fact Sheet - Outlook

First Quarter 2009 Agricultural Credit Conditions Survey

Published April 1, 2009  |  April 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
18
30
23
21
63
24
Net farm income
54
46
41
63
 88
55
Farm household spending
41
36
30
50
50
41
Farm capital spending
61
45
37
 76
75
59
Loan demand
15
10
 8
10
25
13 

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

 
MN
MT
ND
SD
WI
Ninth District
Loan renewals or extensions
15
 40
15
 18
75
22
Referrals to other lenders
 3
  4
  4
  3
Amount of collateral required
18
30
15
32
13
21
Loan Demand
31
20
46
41
25
36

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

Return to: Agriculture declines during the first quarter of 2009

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