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