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 | 21 |
- |
5 |
7 |
43 |
13 |
Net farm income | 76 |
27 |
52 |
52 |
57 |
58 |
Farm household spending | 62 |
- |
19 |
21 |
29 |
23 |
Farm capital spending | 74 |
18 |
57 |
45 |
43 |
55 |
Loan demand | 24 |
- |
5 |
10 |
14 |
13 |
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 | 26 |
9 |
33 |
3 |
29 |
20 |
Referrals to other lenders | 3 |
- |
- |
- |
- |
1 |
Amount of collateral required | 8 |
9 |
5 |
10 |
- |
8 |
Loan Demand | 29 |
9 |
14 |
31 |
29 |
25 |
Note: The Upper Peninsula of Michigan is not part of the survey.
Return to: Conditions remain tough for district farmers; cropland values moderating