Struggling

Midwest Economy Struggling

Aug 16, 2016
SDPB

One survey on the Midwestern economy shows one in five farmers may have expenses exceeding revenue this year.

The report blames falling farm prices.

The Rural Mainstreet Index shows farm prices have decreased 9% over the last year. The study surveys bank CEOs across the Midwest about economic conditions. Ernie Goss is the Economics Chair at Creighton University. He says multiple agriculture sectors are really struggling.