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 | 27 |
30 |
23 |
23 |
38 |
26 |
Net farm income | 62 |
40 |
44 |
60 |
100 |
58 |
Farm household spending | 47 |
30 |
25 |
37 |
62 |
38 |
Farm capital spending | 53 |
56 |
35 |
62 |
100 |
54 |
Loan demand | 20 |
20 |
23 |
37 |
38 |
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 | 24 |
40 |
19 |
17 |
50 |
24 |
Referrals to other lenders | 7 |
— |
4 |
14 |
— |
7 |
Amount of collateral required | 11 |
20 |
10 |
38 |
25 |
19 |
Loan Demand | 18 |
30 |
19 |
27 |
38 |
23 |
Note: The Upper Peninsula of Michigan is not part of the survey.
Return to: Agricultural income takes a hit in the third quarter