Agricultural Credit Conditions Survey

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State Fact Sheet - Outlook

Published April 1, 2010  |  April 2010 issue

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

 
MN
MT
ND
SD
WI
Ninth District
Rate of loan repayments
24
33
11
4
50
19
Net farm income
45
44
37
41
44
42
Farm household spending
23
33
26
26
22
25
Farm capital spending
33
56
41
41
33
38
Loan demand
10
22
7
12
13
11

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

 
MN
MT
ND
SD
WI
Ninth District
Loan renewals or extensions
19
11
7
19
38
20
Referrals to other lenders
5
13
  —
19
13
8
Amount of collateral required
10
22
15
15
25
14
Loan Demand
29
22
30
23
50
29

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