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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