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State Fact Sheet-Outlook

First Quarter 2007 Agricultural Credit Conditions Survey

April 1, 2007

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
14
20
14
 9
11
13
Net farm income
 7
33
18
16
14
Farm household spending
 7
25
11
10
11
11
Farm capital spending
10
42
11
16
11
15
Loan demand
18
10
 3
 3
22
10

Percent of respondents who expect increased levels for the next three months:

 
MN
MT
ND
SD
WI
Ninth District
Loan renewals or extensions
2
20
21
23
11
14
Referrals to other lenders
2
 7
 3
 3
Amount of collateral required
2
 7
16
22
 8
Loan Demand
27
60
38
53
33
40

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

Return to: Farmers optimistic for 2007