Agricultural Credit Conditions Survey

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State Fact Sheet - Outlook

Second Quarter 2009 Agricultural Credit Conditions Survey

Published August 1, 2009  |  August 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
29
22
10
20
63
24
Net farm income
47
33
23
42
71
40
Farm household spending
33
11
13
28
71
27
Farm capital spending
40
33
23
48
71
39
Loan demand
22
11
7
16
13
15

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

 
MN
MT
ND
SD
WI
Ninth District
Loan renewals or extensions
20
22
10
4
38
16
Referrals to other lenders
 3
7
  3
Amount of collateral required
11
10
20
13
12
Loan Demand
16
33
17
24
50
21

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

Return to: Agriculture continues decline in second quarter

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