Agricultural Credit Conditions Survey

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State Fact Sheet

Published May 15, 2014  |  May 2014 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
21
-
5
7
43
13
Net farm income
76
27
52
52
57
58
Farm household spending
62
-
19
21
29
23
Farm capital spending
74
18
57
45
43
55
Loan demand
24
-
5
10
14
13

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
26
9
33
3
29
20
Referrals to other lenders
3
-
-
-
-
1
Amount of collateral required
8
9
5
10
-
8
Loan Demand
29
9
14
31
29
25

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

Return to: Conditions remain tough for district farmers; cropland values moderating

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