Author
Joe Mahon
Director, Regional Outreach
State Fact Sheet Outlook 2019 Q3
Percent of respondents who expect decreased levels for the next three months:
|
MN |
MT |
ND |
SD |
WI |
Ninth District |
|
| Rate of loan repayments |
25
|
60
|
56
|
65
|
20
|
45
|
| Net farm income |
40
|
100
|
69
|
74
|
17
|
58
|
| Farm household spending |
20
|
20
|
41
|
37
|
17
|
29
|
| Farm capital spending |
42
|
20
|
59
|
53
|
20
|
46
|
| Loan demand |
25
|
-
|
12
|
18
|
-
|
16
|
Percent of respondents who expect increased levels for the next three months:
|
MN |
MT |
ND |
SD |
WI |
Ninth District |
|
| Loan renewals or extensions |
42
|
20
|
59
|
53
|
20
|
46
|
| Referrals to other lenders |
13
|
20
|
-
|
-
|
-
|
6
|
| Amount of collateral required |
22
|
-
|
-
|
35
|
-
|
17
|
| Loan demand |
21
|
60
|
29
|
35
|
20
|
29
|
Note: The Upper Peninsula of Michigan is not part of the survey.
Return to: Ag lenders concerned about trade and weather, but farmers bolstered by price rally
Joe Mahon
Director, Regional Outreach
Joe Mahon is a Minneapolis Fed regional outreach director. Joe’s primary responsibilities involve tracking several sectors of the Ninth District economy, including agriculture, manufacturing, energy, and mining.
