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State Fact Sheet

First Quarter 2008 Agricultural Credit Conditions Survey

May 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
5
3
2
Net farm income
Farm household spending
Farm capital spending
3
1
Loan demand
17 
38
25 
40
24 

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
 2
9
10
3
10
 6
Referrals to other lenders
 2
 4
3
 3
Amount of collateral required
10
9
 3
9
40
10
Loan Demand
29
27 
31
38 
20
31

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

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