A monthly survey of rural bankers in the Midwest reflects growing optimism about the ag economy.
Creighton University Economist Ernie Goss says the March Rural Mainstreet Index is the highest since the survey began in 2006. “This was a very strong report with the best numbers we’ve seen since 2013 in terms of farm land prices. They’re growing now at a pretty solid clip,” he said. “We’re seeing farmers going back in and purchase equipment.”
The overall index for March soared to a record high 71.9 from February’s solid 53.8.
