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State Fact Sheet

Third Quarter 2005 Agricultural Credit Conditions Survey

October 1, 2005

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
19
21
14
16
Net farm income
36
11
22
43
50
33
Farm household spending
12
 7
 7
13
 9
Farm capital spending
32
33
33
18
25
28
Loan demand
 5
11
18
 4
25
10

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
21
11
18
14
25
18
Referrals to other lenders
11
 4
 4
 2
Amount of collateral required
 2
22
11
 5
Loan Demand
26
44
36
32
13
30

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

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