Agricultural Credit Conditions Survey

State Fact Sheet 2018 Q4

Joe Mahon | Director, Regional Outreach

Published February 14, 2019  | February 2019 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
46
-
19 39 50 36
Net farm income
70
25 44 50 83 58
Farm household spending
37
25 27 24 83 35
Farm capital spending
81
25 63 53 83 67
Loan demand
11
- - 6 - 6

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
44
- 40 25 17 33
Referrals to other lenders
8
25 7 18 - 11
Amount of collateral required
7
-
6 29 - 11
Loan demand
41
-
38
39
50 38

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

Return to: Another high production-low price year for farmers

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