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State Fact Sheet

Second Quarter 2008 Agricultural Credit Conditions Survey

August 1, 2008

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
2
22
3
3
Net farm income
2
12
10
3
9
6
Farm household spending
2
12
10
3
9
6
Farm capital spending
12
14
3
10
6
Loan demand
16
11
28
27
36
23 

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
25
4
18
5
Referrals to other lenders
5
4
9
3
Amount of collateral required
7
11
7
13
9
9
Loan demand
38
44
52
30
18
38 

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

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