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State Fact Sheet-Outlook

Third Quarter 2004 Agricultural Credit Conditions Survey
October 1, 2004
State Fact Sheet-Outlook

Percent of respondents who expect decreased levels for the next three months:

 
MN
MT
ND
SD
WI
Ninth District
Rate of loan repayments
23
—
18
3
—
13
Net farm income
41
—
28
6
50
25
Farm household spending
7
—
14
3
13
7
Farm capital spending
18
—
28
3
25
15
Loan demand
7
7
11
20
—
10

Percent of respondents who expect increased levels for the next three months:

 
MN
MT
ND
SD
WI
Ninth District
Loan renewals or extensions
28
20
29
3
13
34
Referrals to other lenders
 3
—
—
—
—
 1
Amount of collateral required
12
 7
11
10
—
10
Loan Demand
28
33
29
20
50
28

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

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