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State Fact Sheet - Outlook

First Quarter 2011 Agricultural Credit Conditions Survey

June 15, 2011

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
2
9
-
3
-
3
Net farm income
5
-
-
3
-
3
Farm household spending
7
-
-
-
-
3
Farm capital spending
12
-
-
7
-
6
Loan demand
18
-
29
-
22
21

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

 
MN
MT
ND
SD
WI
Ninth District
Loan renewals or extensions
3
9
4
-
11
3
Referrals to other lenders
3
-
-
4
-
2
Amount of collateral required
5
-
7
10
11
8
Loan Demand
15
-
36
24
44
26

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

Return to: Agricultural producers see higher incomes and land values going into planting season; weather is a concern