Creighton University's October 2012 "Mid-American Money Report", which is a survey of bank Presidents and CEO's across 10 central states from Minnesota and North Dakota in the North to Arkansas and Oklahoma in the South, shows a schizophrenic outlook for the economy. The report is based on a scale of 0-100, with 50 as the mid-point representing growth neutral.Its findings showed:
The Rural Mainstreet Index (RMI) rose to 56.6 from September's weak figure of 48.3. It was the first time since June that the index rose above growth neutral.
The farmland-price index was 71.7, its highest level since March of this year, and up from September's 61.6. This is the 33rd consecutive month that the farmland-price index has risen above growth neu...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Unlike the 2022 fertilizer shock, today’s disruption is rooted less in rerouted trade flows and more in damaged production capacity, raw material constraints and uncertain recovery timelines. That makes this a longer-duration risk for U.S. agricultural producers and retailers who must sec...