Agricultural Credit Conditions Survey

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State Fact Sheet

Third Quarter 2010 Agricultural Credit Conditions Survey

Published October 1, 2010  |  October 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
5
-
3
3
25
5
Net farm income
12
8
10
10
12
11
Farm household spending
12
8
3
7
29
9
Farm capital spending
10
17
3
17
38
13
Loan demand
22
17
14
32
25
22

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
5
8
3
6
50
8
Referrals to other lenders
5
-
-
4
12
4
Amount of collateral required
8
8
10
13
25
11
Loan Demand
15
17
17
10
25
15

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

Return to: Farm income holds steady in third quarter 2010; outlook is positive

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