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 | - |
- |
4 |
9 |
- |
3 |
Net farm income | 33 |
- |
22 |
29 |
50 |
28 |
Farm household spending | 10 |
- |
- |
4 |
25 |
6 |
Farm capital spending | 43 |
- |
22 |
21 |
29 |
27 |
Loan demand | 41 |
- |
17 |
9 |
25 |
22 |
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 | 7 |
- |
4 |
- |
25 |
5 |
Referrals to other lenders | 3 |
- |
5 |
5 |
- |
3 |
Amount of collateral required | 3 |
- |
9 |
22 |
- |
9 |
Loan Demand | 14 |
11 |
22 |
43 |
- |
22 |
Note: The Upper Peninsula of Michigan is not part of the survey.
Return to: Tough weather, lower crop prices take toll on district farmers