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State Fact Sheet

Fourth Quarter 2006 Agricultural Credit Conditions Survey

January 1, 2007

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
 7
17
37
36
18
22
Net farm income
12
50
52
43
45
35
Farm household spending
 7
33
19
21
18
17
Farm capital spending
12
42
41
43
64
34
Loan demand
36
17
15
18
36
25

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
19
18
37
 7
9
19
Referrals to other lenders
 2
 7
 3
Amount of collateral required
 2
 7
19
9
 8
Loan Demand
12
25
30
36
22

Note: The Upper Peninsula of Michigan is not part of the survey.

Return to: Agriculture bounces back in fourth quarter 2006