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State Fact Sheet-Outlook

First Quarter 2006 Agricultural Credit Conditions Survey

April 1, 2006

State Fact Sheet-Outlook

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