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State Fact Sheet

Second Quarter 2013 Agricultural Credit Conditions Survey

October 1, 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
-
-
-
-
1
Net farm income
13
-
9
5
25
10
Farm household spending
7
-
-
-
12
3
Farm capital spending
20
-
9
19
25
16
Loan demand
34
-
35
24
12
27

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
9
12
9
-
25
9
Referrals to other lenders
3
-
-
-
-
1
Amount of collateral required
6
-
4
15
-
7
Loan Demand
28
25
35
14
25
26

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

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