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State Fact Sheet

Second Quarter 2006 Agricultural Credit Conditions Survey

July 1, 2006

State Fact Sheet

Percent of respondents who expect 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
23
19
15
38
19
Net farm income
39
9
26
52
100 
40
Farm household spending
11
 6
 6
38
 9
Farm capital spending
25
32
21
75
27
Loan demand
 9
8
 3
 6
38
 9

Percent of respondents who expect 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
11
8
23
21
50
19
Referrals to other lenders
 2
9
14
 3
 6
Amount of collateral required
 7
 6
18
12
 9
Loan Demand
36
33 
48
52
12
41

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

Return to: Tough second quarter for agricultural producers