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 | 14  | 
          —  | 
          8  | 
          7  | 
          —  | 
          9  | 
        
| Net farm income | 23  | 
          —  | 
          17   | 
          17   | 
           —  | 
          17   | 
        
| Farm household spending |  9  | 
          —  | 
          —  | 
          7  | 
           —  | 
          5  | 
        
| Farm capital spending | 14  | 
          —  | 
          4  | 
          3  | 
          14  | 
          8  | 
        
| Loan demand |  2   | 
          10  | 
          —  | 
          10   | 
          14  | 
          5  | 
        
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  | 
          20  | 
           4  | 
          —  | 
          14  | 
          7  | 
        
| Referrals to other lenders | —  | 
          —  | 
          10  | 
           4   | 
          14  | 
          4  | 
        
| Amount of collateral required | 2  | 
          —  | 
          —  | 
          10  | 
          —  | 
          4  | 
        
| Loan Demand | 26   | 
          30  | 
          58  | 
          27  | 
          43  | 
          34   | 
        
Note: The Upper Peninsula of Michigan is not part of the survey.
Return to: Many agricultural lenders report increased farm income in the second quarter