Agricultural Credit Conditions Survey

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State Fact Sheet

Fourth Quarter 2009 Agricultural Credit Conditions Survey

Published January 1, 2010  |  January 2010 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
22
55
14
17
44
24
Net farm income
44
73
39
34
78
46
Farm household spending
31
27
25
24
44
29
Farm capital spending
43
55
29
41
67
42
Loan demand
24
27
11
34
22
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
22
40
11
17
78
24
Referrals to other lenders
11
9
4
11
11
10
Amount of collateral required
4
9
7
34
22
14
Loan Demand
22
18
11
28
56
23

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

Return to: Agricultural finances slipped slightly in the fourth quarter

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