Agricultural Credit Conditions Survey

State Fact Sheet 2019 Q2

Joe Mahon | Director, Regional Outreach

Published August 7, 2019  | August 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
41
14
47 58 33 44
Net farm income
62
57 74 58 50 62
Farm household spending
44
- 42 37 50 38
Farm capital spending
63
29 68 78 50 64
Loan demand
19
29 16 16 17 18

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
41
14 63 32 50 42
Referrals to other lenders
8
29 6 16 - 11
Amount of collateral required
13
-
11 42 - 21
Loan demand
33
14
47
42
67 40

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

Return to: Ag lenders concerned about trade and weather, but farmers bolstered by price rally

Top