Agricultural Credit Conditions Survey

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State Fact Sheet

Third Quarter 2013 Agricultural Credit Conditions Survey

Published December 1, 2013  |  December 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
-
-
4
9
-
3
Net farm income
33
-
22
29
50
28
Farm household spending
10
-
-
4
25
6
Farm capital spending
43
-
22
21
29
27
Loan demand
41
-
17
9
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
7
-
4
-
25
5
Referrals to other lenders
3
-
5
5
-
3
Amount of collateral required
3
-
9
22
-
9
Loan Demand
14
11
22
43
-
22

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

Return to: Tough weather, lower crop prices take toll on district farmers

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