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State Fact Sheet

First Quarter 2005 Agricultural Credit Conditions Survey

April 1, 2005

State Fact Sheet
Percent of respondents who expect decreased levels for the next three months:

 
MN
MT
ND
SD
WI
Ninth District
Rate of loan repayments
20
30
12
13
16
Net farm income
43
 9
19
13
14
25
Farm household spending
11
22
 9
Farm capital spending
28
30
 9
19
Loan demand
 2
10
 4
 6
14
 5

Percent of respondents who expect increased levels for the next three months:


 
MN
MT
ND
SD
WI
Ninth District
Loan renewals or extensions
15
20
4
 9
14
11
Referrals to other lenders
10
9
 3
Amount of collateral required
 2
10
8
13
 7
Loan Demand
44
60
38 
50
43
45

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

Return to: District agricultural producers benefited from strong prices