Percent of respondents who expect decreased levels for the next three months:
MN |
MT |
ND |
SD |
WI | Ninth District |
|
---|---|---|---|---|---|---|
Rate of loan repayments | 23 |
20 |
19 |
11 |
33 |
20 |
Net farm income | 34 |
55 |
46 |
34 |
11 |
37 |
Farm household spending | 33 |
27 |
29 |
28 |
— |
28 |
Farm capital spending | 33 |
45 |
36 |
52 |
11 |
38 |
Loan demand | 20 |
20 |
8 |
18 |
22 |
17 |
Percent of respondents who expect increased levels for the next three months:
MN |
MT |
ND |
SD |
WI |
Ninth District |
|
---|---|---|---|---|---|---|
Loan renewals or extensions | 27 |
50 |
29 |
21 |
56 |
30 |
Referrals to other lenders | 12 |
— |
— |
14 |
11 |
9 |
Amount of collateral required | 7 |
20 |
8 |
46 |
22 |
17 |
Loan Demand | 20 |
30 |
50 |
46 |
67 |
38 |
Note: The Upper Peninsula of Michigan is not part of the survey.
Return to: Agricultural finances slipped slightly in the fourth quarter