Agricultural Credit Conditions Survey

State Fact Sheet 2019 Q1

Joe Mahon | Director, Regional Outreach

Published May 29, 2019  | May 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
43
14
31 35 40 35
Net farm income
79
43 75 59 60 68
Farm household spending
58
- 38 24 80 41
Farm capital spending
92
14 56 65 50 66
Loan demand
12
43 6 6 - 12

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
62
14 50 35 60 48
Referrals to other lenders
9
- - 6 25 6
Amount of collateral required
22
-
6 35 - 18
Loan demand
46
-
44
47
40 41

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

Return to: District farmers still struggling heading into planting season

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