Percent of respondents who expect decreased levels for the next three months:
MN |
MT |
ND |
SD |
WI | Ninth District |
|
---|---|---|---|---|---|---|
Rate of loan repayments | 7 |
20 |
23 |
27 |
— |
5 |
Net farm income | 39 |
11 |
32 |
42 |
80 |
39 |
Farm household spending | 14 |
11 |
6 |
3 |
50 |
12 |
Farm capital spending | 23 |
11 |
29 |
29 |
60 |
28 |
Loan demand | 10 |
10 |
7 |
10 |
30 |
11 |
Percent of respondents who expect increased levels for the next three months:
MN |
MT |
ND |
SD |
WI |
Ninth District |
|
---|---|---|---|---|---|---|
Loan renewals or extensions | 17 |
30 |
37 |
13 |
40 |
24 |
Referrals to other lenders | 5 |
— |
4 |
7 |
— |
4 |
Amount of collateral required | 2 |
— |
10 |
13 |
— |
7 |
Loan Demand | 27 |
40 |
40 |
40 |
40 |
36 |
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