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Ag Economy Barometer shows modest improvement, but concerns linger

Farmer sentiment has improved modestly month-over-month but is still well below year-ago levels, according to the latest Purdue University/CME Group Ag Economy Barometer. Jim Mintert with Purdue’s Center for Commercial Agriculture tells Brownfield it was a fairly small move. “People did become just a... Read More.

Low commodity prices contribute to negative Mainstreet economy

The latest Rural Mainstreet Index has sunk below growth neutral for a sixth straight month. Creighton University economist Ernie Goss says lower agricultural commodity prices has been the biggest factor. “It’s the top risk at least according to the bankers. “Now they’re not farmers... Read More.

Ag Economy Barometer falls for January

Farmer sentiment declined for January as commodity prices weakened, according to the latest Purdue University/CME Ag Economy Barometer. Jim Mintert with Purdue’s Center for Commercial Agriculture says the January reading of 106 is 8 points below December and 24 points below year-ago levels, “There’s... Read More.

Rural Mainstreet Economy sees another slump

A monthly survey of rural bankers in the Midwest suggests farm incomes could trend lower in 2024. Creighton University economist Ernie Goss says the December Rural Mainstreet Index sank below growth neutral for a fourth straight month and more than half of bank CEOs... Read More.