Agricultural Credit Conditions Survey

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State Fact Sheet

Second Quarter 2009 Agricultural Credit Conditions Survey

Published August 1, 2009  |  August 2009 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
20
33
10
22
50
21
Net farm income
40
44
30
41
86
41
Farm household spending
33
11
13
35
71
29
Farm capital spending
40
44
27
58
86
43
Loan demand
29
11
20
26
25
24

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
18
25
20
19
62
22
Referrals to other lenders
2
4
2
Amount of collateral required
9
14
26
12
14
Loan Demand
13
33
30
22
50
24

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

Return to: Agriculture continues decline in second quarter

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