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State Fact Sheet

Second Quarter 2005 Agricultural Credit Conditions Survey

July 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
14
8
7
9
Net farm income
23
17 
17 
 —
17 
Farm household spending
 9
7
 —
5
Farm capital spending
14
4
3
14
8
Loan demand
2
10
10 
14
5

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
9
20
 4
14
7
Referrals to other lenders
10
4
14
4
Amount of collateral required
2
10
4
Loan Demand
26 
30
58
27
43
34 

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

Return to: Many agricultural lenders report increased farm income in the second quarter