Agricultural Credit Conditions Survey

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State Fact Sheet - Outlook

Third Quarter 2009 Agricultural Credit Conditions Survey

Published October 1, 2009  |  October 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
40
40
32
31
33
35
Net farm income
62
50
50
60
63
58
Farm household spending
47
30
34
30
63
39
Farm capital spending
58
56
50
47
75
54
Loan demand
14
20
13
28
17

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

 
MN
MT
ND
SD
WI
Ninth District
Loan renewals or extensions
32
50
35
7
33
28
Referrals to other lenders
12
7
7
8
Amount of collateral required
17
33
13
34
21
Loan Demand
31
40
23
24
60
29

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

Return to: Agricultural income takes a hit in the third quarter

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