Agricultural Credit Conditions Survey

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State Fact Sheet

Published August 1, 2010  |  August 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
17
18
16
20
22
18
Net farm income
56
27
24
47
22
41
Farm household spending
20
27
12
13
22
17
Farm capital spending
44
55
21
33
22
36
Loan demand
21
18
16
23
11
20

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
14
27
12
20
33
18
Referrals to other lenders
12
-
-
14
11
9
Amount of collateral required
10
18
12
17
22
14
Loan Demand
29
27
20
20
33
25

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

Return to: Agriculture still struggles during second quarter 2010

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