User uShare Login | Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.

54° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options



Share your Photos, Videos, and Stories on uShare! Click here to get started. | Sioux Falls News & Weather, South Dakota News & Weather, Minnesota and Iowa News

[0] My Saved Articles
Back to all news


Find local businesses
on the KELO Pages!


Midwest, Plains Bankers See Rural Economy Growing

December 20, 2012, 1:51 PM

Midwest, Plains Bankers See Rural Economy Growing

A new survey of rural bankers shows that rising commodity prices and lower energy costs are helping businesses in Midwestern states and the northern Plains.

The Rural Mainstreet Index released Thursday climbed in December, the fourth straight month of growth.  Creighton University economist Ernie Goss, who oversees the survey, says the reading is the healthiest recorded since June 2007.

The survey showed increases in bank borrowing to purchase farmland and equipment, and rising farmland prices. The December hiring index rose half a point, to 53.5. The home-sales index slipped in December, to 61.3 from November's 62.0.

The index ranges from 0 to 100, with 50 representing "growth neutral." It's based on a survey of rural bankers in Colorado, Illinois, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, South Dakota and Wyoming.

Previous Story

Next Story



View agriculture

You may also like

DOT: Bales Must Be Removed From Ditches

9/28/2015 5:41 AM

The South Dakota Department of Transportation will remove or authorize the removal of any illegal hay bales remaining in the public right of way after...

Full Story
Weather Hampers Fall Harvest In Parts Of South Dakota

9/29/2015 9:34 AM

The corn harvest statewide is underway at 7 percent complete, behind the average pace.

Full Story
Wednesday Ag Markets

9/30/2015 2:05 PM

Here's a look at agriculture markets as of noon Wednesday:

Full Story
Monday Ag Markets

9/28/2015 1:47 PM

Here's a look at agriculture markets as of noon Monday:

Full Story
Thursday Ag Markets

10/1/2015 2:17 PM

Here's a look at agriculture markets as of noon Thursday:

Full Story