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 | 10 |
8 |
23 |
20 |
14 |
16 |
Net farm income | 21 |
— |
30 |
20 |
100 |
26 |
Farm household spending | 2 |
— |
10 |
— |
13 |
4 |
Farm capital spending | 10 |
8 |
33 |
13 |
38 |
18 |
Loan demand | 14 |
38 |
17 |
7 |
13 |
15 |
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 | 7 |
8 |
27 |
10 |
13 |
13 |
Referrals to other lenders | — |
— |
4 |
4 |
— |
2 |
Amount of collateral required | — |
— |
— |
13 |
13 |
4 |
Loan Demand | 28 |
15 |
30 |
30 |
— |
26 |
Note: The Upper Peninsula of Michigan is not part of the survey.
Return to: Farm profits up in 2005, but dark clouds are on the horizon