Agricultural Credit Conditions Survey

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State Fact Sheet

Published April 1, 2010  |  April 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
27
22
26
19
33
25
Net farm income
55
67
46
44
33
50
Farm household spending
19
33
30
30
33
26
Farm capital spending
34
56
41
26
33
35
Loan demand
23
44
11
19
22
21

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
27
22
19
19
33
23
Referrals to other lenders
10
11
4
8
11
8
Amount of collateral required
14
44
15
12
35
17
Loan Demand
21
11
11
27
44
21

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

Return to: Farm income falls slightly in first quarter 2010

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Narayana Kocherlakota