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State Fact Sheet

Second Quarter 2007 Agricultural Credit Conditions Survey

July 1, 2007

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
6
 8
6
18 
11
10
Net farm income
2
15
12 
15 
11
10
Farm household spending
9
6
 4
Farm capital spending
2
15
6
9
11
 7
Loan demand
22 
9
6
44
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
4
23
15
24
11
14
Referrals to other lenders
5
 8
 3
 3
Amount of collateral required
6
15
 3
12
11
 8
Loan demand
28 
38
42
47
22
37

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

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