Agricultural Credit Conditions Survey

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State Fact Sheet

Second Quarter 2013 Agricultural Credit Conditions Survey

Published October 1, 2013  |  October 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
-
-
-
-
1
Net farm income
13
-
9
5
25
10
Farm household spending
7
-
-
-
12
3
Farm capital spending
20
-
9
19
25
16
Loan demand
34
-
35
24
12
27

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
9
12
9
-
25
9
Referrals to other lenders
3
-
-
-
-
1
Amount of collateral required
6
-
4
15
-
7
Loan Demand
28
25
35
14
25
26

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

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