Agricultural Credit Conditions Survey

State Fact Sheet 2018 Q2

Joe Mahon | Director, Regional Outreach

Published August 16, 2018  | August 2018 issue

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
43
14
11 18 43 27
Net farm income
54
14 33 65 71 49
Farm household spending
34
14 22 41 29 31
Farm capital spending
64
14 33 59 86 53
Loan demand
21
- 6 12 - 12

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
44
14 33 6 29 29
Referrals to other lenders
16
14 6 - 29 11
Amount of collateral required
14
-
- 12 17 9
Loan demand
43
-
33
24
57 34

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

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