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State Fact Sheet

Third Quarter 2012 Agricultural Credit Conditions Survey

December 26, 2012

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
2
11
-
-
-
2
Net farm income
2
11
-
16
-
6
Farm household spending
2
11
-
12
-
5
Farm capital spending
5
11
-
32
-
11
Loan demand
33
11
41
27
14
30

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
7
22
-
-
14
6
Referrals to other lenders
2
-
5
-
-
2
Amount of collateral required
10
11
-
15
-
9
Loan Demand
17
22
18
15
29
18

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

Return to: Most district agricultural producers endure drought in good financial condition