Agricultural Credit Conditions Survey

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State Fact Sheet

Third Quarter 2009 Agricultural Credit Conditions Survey

Published October 1, 2009  |  October 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
27
30
23
23
38
26
Net farm income
62
40
44
60
100
58
Farm household spending
47
30
25
37
62
38
Farm capital spending
53
56
35
62
100
54
Loan demand
20
20
23
37
38
26

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
24
40
19
17
50
24
Referrals to other lenders
7
4
14
7
Amount of collateral required
11
20
10
38
25
19
Loan Demand
18
30
19
27
38
23

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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