Agricultural Credit Conditions Survey

State Fact Sheet 2018 Q3

Joe Mahon | Director, Regional Outreach

Published November 14, 2018  | November 2018 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
29
-
35 52 50 37
Net farm income
81
17 47 67 67 62
Farm household spending
55
17 24 29 33 34
Farm capital spending
81
17 35 70 67 60
Loan demand
10
- - - 17 4

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
33
- 47 29 50 34
Referrals to other lenders
16
17 - 5 17 9
Amount of collateral required
20
-
24 29 17 21
Loan demand
43
17
47
43
33 41

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

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