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State Fact Sheet

First Quarter 2013 Agricultural Credit Conditions Survey

June 27, 2013

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
3
-
-
-
-
4
Net farm income
3
1
10
29
-
11
Farm household spending
0
-
5
8
-
3
Farm capital spending
3
-
5
38
-
12
Loan demand
49
22
19
42
43
38

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
6
11
5
9
29
9
Referrals to other lenders
-
-
-
-
-
-
Amount of collateral required
9
-
5
8
-
6
Loan Demand
14
22
24
8
29
17

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

Return to: Strength in agriculture continues into planting season