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State Fact Sheet-Outlook

Second Quarter 2007 Agricultural Credit Conditions Survey

July 1, 2007

State Fact Sheet-Outlook

Percent of respondents who expect decreased levels for the next three months:


 
MN
MT
ND
SD
WI
Ninth District
Rate of loan repayments
4
8
9
6
11
7
Net farm income
15
3
3
3
Farm household spending
Farm capital spending
2
15
3
3
Loan demand
20 
12
22
13 

Percent of respondents who expect increased levels for the next three months:


 
MN
MT
ND
SD
WI
Ninth District
Loan renewals or extensions
4
6
6
5
Referrals to other lenders
4
3
3
3
Amount of collateral required
18
3
9
11
5
Loan demand
15 
42
30 
45 
11
29 

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

Return to: Agricultural finances strong