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 | 2 |
22 |
3 |
— |
— |
3 |
Net farm income | 2 |
12 |
10 |
3 |
9 |
6 |
Farm household spending | 2 |
12 |
10 |
3 |
9 |
6 |
Farm capital spending | — |
12 |
14 |
3 |
10 |
6 |
Loan demand | 16 |
11 |
28 |
27 |
36 |
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 | 2 |
25 |
4 |
— |
18 |
5 |
Referrals to other lenders | 5 |
— |
4 |
— |
9 |
3 |
Amount of collateral required | 7 |
11 |
7 |
13 |
9 |
9 |
Loan demand | 38 |
44 |
52 |
30 |
18 |
38 |
Note: The Upper Peninsula of Michigan is not part of the survey.
Return to: Agricultural boom loses some steam