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State Fact Sheet

Fourth Quarter 2010 Agricultural Credit Conditions Survey

January 1, 2011

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
-
-
-
-
11
1
Net farm income
2
-
-
-
11
2
Farm household spending
-
-
-
-
11
1
Farm capital spending
2
9
-
-
11
2
Loan demand
27
9
26
33
44
28

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
2
-
-
7
22
4
Referrals to other lenders
7
-
-
3
-
3
Amount of collateral required
7
9
6
13
11
9
Loan Demand
23
45
26
17
-
22

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

Return to: Agriculture strong in fourth quarter 2010; land values and farm incomes grew