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State Fact Sheet - Outlook

Third Quarter 2013 Agricultural Credit Conditions Survey

December 1, 2013

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
13
-
-
9
14
8
Net farm income
37
11
30
50
75
28
Farm household spending
10
-
4
13
50
17
Farm capital spending
43
-
22
33
50
34
Loan demand
17
13
18
21
29
19

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

 
MN
MT
ND
SD
WI
Ninth District
Loan renewals or extensions
10
13
5
8
14
9
Referrals to other lenders
-
-
-
9
-
2
Amount of collateral required
7
-
5
21
-
9
Loan Demand
24
-
14
33
14
21

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

Return to: Tough weather, lower crop prices take toll on district farmers