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State Fact Sheet

Second Quarter 2011 Agricultural Credit Conditions Survey

September 26, 2011

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
-
-
-
-
1
Net farm income
2
-
8
-
-
3
Farm household spending
-
10
4
3
11
3
Farm capital spending
-
10
4
3
-
3
Loan demand
31
-
35
52
33
35

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
-
-
3
11
3
Referrals to other lenders
2
-
-
-
-
1
Amount of collateral required
7
10
4
13
11
8
Loan Demand
16
-
19
6
22
13

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

Return to: Despite difficult weather, farm incomes and land values rose again in the spring