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State Fact Sheet

Fourth Quarter 2005 Agricultural Credit Conditions Survey

January 1, 2006

State Fact Sheet

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
10
8
23
20
14
16
Net farm income
21
30
20
100 
26
Farm household spending
 2
10
13
 4
Farm capital spending
10
8
33
13
38
18
Loan demand
14
38 
17
  7
13
15

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
 7
 8
27
10
13
13
Referrals to other lenders
 4
 4
 2
Amount of collateral required
13
13
 4
Loan Demand
28
15
30
30
26

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

Return to: Farm profits up in 2005, but dark clouds are on the horizon