Agricultural Credit Conditions Survey

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State Fact Sheet

First Quarter 2013 Agricultural Credit Conditions Survey

Published June 27, 2013  |  June 2013 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
3
-
-
-
-
4
Net farm income
3
1
10
29
-
11
Farm household spending
0
-
5
8
-
3
Farm capital spending
3
-
5
38
-
12
Loan demand
49
22
19
42
43
38

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
6
11
5
9
29
9
Referrals to other lenders
-
-
-
-
-
-
Amount of collateral required
9
-
5
8
-
6
Loan Demand
14
22
24
8
29
17

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

Return to: Strength in agriculture continues into planting season

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