Skip to main content

State Fact Sheet

First Quarter 2006 Agricultural Credit Conditions Survey

April 1, 2006

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