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State Fact Sheet

Third Quarter 2007 Agricultural Credit Conditions Survey

October 1, 2007

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
4
3
2
Net farm income
2
6
2
Farm household spending
4
2
Farm capital spending
6
8
6
5
Loan demand
27 
17
17
20 
42
23 

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
6
8
7
10
7
Referrals to other lenders
4
2
Amount of collateral required
4
8
16
8
7
Loan demand
14 
8
41 
33
8
23 

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

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