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State Fact Sheet - Outlook

Fourth Quarter 2009 Agricultural Credit Conditions Survey

January 1, 2010

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
23
20
19
11
33
20
Net farm income
34
55
46
34
11
37
Farm household spending
33
27
29
28
28
Farm capital spending
33
45
36
52
11
38
Loan demand
20
20
8
18
22
17

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

 
MN
MT
ND
SD
WI
Ninth District
Loan renewals or extensions
27
50
29
21
56
30
Referrals to other lenders
12
14
11
9
Amount of collateral required
7
20
8
46
22
17
Loan Demand
20
30
50
46
67
38

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

Return to: Agricultural finances slipped slightly in the fourth quarter