Percent of respondents who expect decreased levels for the next three months:
|   MN  | 
            MT  | 
            ND  | 
            SD  | 
          WI  | 
            Ninth District  | 
        |
|---|---|---|---|---|---|---|
| Rate of loan repayments | 20  | 
          8  | 
          23  | 
          17  | 
          29  | 
          19  | 
        
| Net farm income | 21  | 
          15   | 
          40  | 
          20  | 
          50  | 
          27  | 
        
| Farm household spending | 12  | 
          —  | 
          20  | 
          —  | 
          38  | 
          11  | 
        
| Farm capital spending | 19  | 
          8  | 
          43  | 
          17  | 
          25  | 
          23  | 
        
| Loan demand | 12  | 
          8  | 
           7  | 
           7  | 
          13  | 
           9  | 
        
Percent of respondents who expect increased levels for the next three months:
|   MN  | 
            MT  | 
            ND  | 
            SD  | 
            WI  | 
            Ninth District  | 
        |
|---|---|---|---|---|---|---|
| Loan renewals or extensions | 25  | 
          25  | 
          30  | 
          27  | 
          25  | 
          27  | 
        
| Referrals to other lenders |  3  | 
          9  | 
          13  | 
           3  | 
          —  | 
           6  | 
        
| Amount of collateral required | —  | 
          —  | 
           7  | 
          20  | 
          —  | 
           7  | 
        
| Loan Demand | 37  | 
          33  | 
          50  | 
          53  | 
          —  | 
          41  | 
        
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