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State Fact Sheet - Outlook

Third Quarter 2010 Agricultural Credit Conditions Survey

October 1, 2010

State Fact Sheet - Outlook

Percent of respondents who expect decreased levels for the next three months:

 
MN
MT
ND
SD
WI
Ninth District
Rate of loan repayments
3
-
-
4
25
3
Net farm income
3
-
7
-
13
3
Farm household spending
5
-
7
3
-
4
Farm capital spending
3
-
7
7
-
4
Loan demand
16
8
17
23
38
19

Percent of respondents who expect increased levels for the next three months:

 
MN
MT
ND
SD
WI
Ninth District
Loan renewals or extensions
8
17
3
3
25
8
Referrals to other lenders
3
-
-
-
-
1
Amount of collateral required
5
17
10
10
13
9
Loan Demand
26
33
17
23
13
23

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

Return to: Farm income holds steady in third quarter 2010; outlook is positive