According to Creighton University’s Rural Mainstreet monthly survey of rural bankers, the farm financial situation remains weak. Farmland prices dropped below neutral growth levels for the 11th time in the past 12 months. Farm equipment sales have been down for 20 consecutive months. Seventy-five percent of the bankers surveyed support the tariffs on China. For the first two months of 2025, Minnesota ag exports declined more than 23 percent; North Dakota dropped 12 percent and South Dakota ag exports rose more than 200 percent.
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