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 | 18 |
10 |
26 |
19 |
20 |
20 |
Net farm income | 27 |
— |
35 |
48 |
80 |
37 |
Farm household spending | 7 |
— |
3 |
— |
40 |
6 |
Farm capital spending | 14 |
— |
26 |
23 |
60 |
22 |
Loan demand | 11 |
20 |
10 |
10 |
30 |
13 |
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 | 20 |
20 |
32 |
23 |
20 |
24 |
Referrals to other lenders | 7 |
10 |
8 |
3 |
— |
6 |
Amount of collateral required | 2 |
10 |
10 |
19 |
— |
9 |
Loan Demand | 23 |
20 |
39 |
55 |
20 |
34 |
Note: The Upper Peninsula of Michigan is not part of the survey.
Return to: Farm profits down slightly in first quarter; may dip further in second