The Creighton University Rural Mainstreet Index rose a fraction of one percent from January-to-February. The monthly survey of bank CEO’s in rural areas of Minnesota, North Dakota, South Dakota and seven other states points to strong commodity prices and low interest rates. Farmland prices slipped this past month but remain very strong. The bankers expect corn prices to decline 2.6 percent over the next six months. Soybean prices are projected to drop by 2.3 percent.
News Categories
Latest RRFN Podcasts
Subscribe to RRFN
Get a weekly digest from RRFN to stay up-to-date on all the latest news in agriculture.