Agricultural Credit Conditions Survey

State Fact Sheet

Published July 20, 2015  | July 2015 issue

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
50
-
13
36
33
32
Net farm income
96
-
73
83
83
79
Farm household spending
46
-
27
33
33
34
Farm capital spending
96
-
73
75
67
75
Loan demand
14
-
9
9
17
11

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
52
20
26
23
17
33
Referrals to other lenders
30
-
-
-
-
12
Amount of collateral required
17
-
23
10
-
14
Loan demand
50
17
45
45
33
45

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

Return to: Conditions remain tough for district farmers; cropland values slide

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