Skip to main content

State Fact Sheet

Fourth Quarter 2004 Agricultural Credit Conditions Survey

January 1, 2005

State Fact Sheet

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
 7
23
 6
10
Net farm income
24 
35
10
10
20
Farm household spending
 8
16
 5
Farm capital spending
10
26
 6
11
Loan demand
12
17
16
13
20
14


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
2
8
16
10
10
9
Referrals to other lenders
 4
 3
2
Amount of collateral required
3
 3
10
10
5
Loan Demand
31 
39
29
40
30 


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

Return to: Ag year ends on a high note