The latest Rural Mainstreet Index suggests economic conditions could worsen for the ag industry heading into 2024.
Ernie Goss is an economist with Creighton University. “It was the lowest reading since March of this year. We’re seeing things slow down in the agricultural sector and that’s spilling over into the rural economy. Of course, job growth is not as strong.”
The index is a survey of ag bankers in 10 states including Illinois, Iowa, Kansas, Minnesota, Missouri, Nebraska, and South Dakota.
