Source: SOUTHERN FARM NETWORK, 8/21/18

The Rural Mainstreet Index climbed above growth neutral this month. The monthly survey of bank CEO’s in ten Midwestern states climbed to 54.8 from 53.8 in July. The index ranges between 0 and 100 with 50.0 representing growth neutral.
Organizer Ernie Goss of Creighton University says the survey shows expansion of the economy outside of agriculture, but adds, “The negative impacts of recent trade skirmishes have begun to surface, weakening already anemic grain prices.”

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