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 | 17 |
36 |
15 |
27 |
56 |
24 |
| Net farm income | 49 |
64 |
52 |
67 |
88 |
58 |
| Farm household spending | 32 |
45 |
30 |
43 |
50 |
37 |
| Farm capital spending | 50 |
56 |
41 |
64 |
88 |
54 |
| Loan demand | 32 |
18 |
26 |
17 |
33 |
26 |
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 | 20 |
45 |
19 |
20 |
56 |
25 |
| Referrals to other lenders | 12 |
— |
— |
4 |
— |
5 |
| Amount of collateral required | 23 |
36 |
11 |
27 |
22 |
22 |
| Loan Demand | 25 |
27 |
19 |
28 |
33 |
25 |
Note: The Upper Peninsula of Michigan is not part of the survey.
Return to: Agriculture declines during the first quarter of 2009