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State Fact Sheet

First Quarter 2012 Agricultural Credit Conditions Survey

June 22, 2012

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
-
-
4
-
-
1
Net farm income
5
11
19
-
11
8
Farm household spending
3
-
4
4
-
3
Farm capital spending
8
-
7
1
11
6
Loan demand
41
22
30
44
33
37

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
5
11
-
4
-
4
Referrals to other lenders
-
-
-
4
-
1
Amount of collateral required
-
-
7
12
11
6
Loan Demand
18
11
22
8
44
18

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

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