Agricultural Credit Conditions Survey

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State Fact Sheet

First Quarter 2011 Agricultural Credit Conditions Survey

Published June 15, 2011  |  June 2011 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
2
9
-
-
-
2
Net farm income
2
-
-
-
11
2
Farm household spending
9
-
-
-
11
4
Farm capital spending
5
-
-
-
11
3
Loan demand
37
-
36
48
22
35

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
7
18
7
-
11
7
Referrals to other lenders
-
-
-
4
-
1
Amount of collateral required
7
27
7
17
11
12
Loan Demand
21
27
25
14
11
20

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

Return to: Agricultural producers see higher incomes and land values going into planting season; weather is a concern

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