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State Fact Sheet

Fourth Quarter 2007 Agricultural Credit Conditions Survey

January 1, 2008

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
4
8
2
Net farm income
2
8
2
Farm household spending
2
— 
9
2
Farm capital spending
2
3
2
Loan demand
15 
8
34
23
18
21 

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
4
17 
6
9
5
Referrals to other lenders
4
4
9
3
Amount of collateral required
8
3
3
18 
4
Loan demand
21
8
21 
48 
9
25 

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

Return to: Agricultural conditions solid