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.

31° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options




[0] My Saved Articles
Back to all news


Find local businesses
on the KELO Pages!


Bankers Survey Suggests Continued Growth

January 17, 2013, 12:44 PM

Bankers Survey Suggests Continued Growth
Salem, SD


A new survey of rural bankers suggests that growth in farmland prices, cash rents and farm equipment sales remain strong despite the continuing threat of drought in some Midwestern and northern Plains states.

A report on the Rural Mainstreet Index released Thursday says the index hit 55.6 in January, down from 60.6 in December. It is the index's fourth straight month above growth neutral.

Creighton University economist Ernie Goss says the region's rural economy is still expanding at a moderate pace and that farm communities "appear to have shed the negative impacts of the 2012 drought."

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 business

You may also like

Great Western Bank Buys Home Federal For $140M

11/30/2015 3:37 PM

The combined companies are projected to have $11.3 billion in assets, $8.5 billion in loans and $8.6 billion in deposits.

Full Story
Bison Ranch Owner By Turner Gets Permit For Feedlot Addition

11/25/2015 1:35 PM

Stanley County commissioners have approved a feedlot at a bison ranch owned by media mogul Ted Turner.

Full Story
Cyber Monday Sales Bring Down Target Website

11/30/2015 10:03 AM

Target’s website went down during Cyber Monday shopping Monday morning.

Full Story
Zuckerberg Is A Dad, And He's Giving Away Most Of His Money

12/1/2015 4:04 PM

Facebook CEO Mark Zuckerberg and his wife announced the birth of their daughter Max as well as plans to donate most of their wealth, or roughly $45 bi...

Full Story
Proposed Ethanol Plant Getting $250,000 Government Grant

11/30/2015 10:23 AM

Ringneck Energy hopes to start construction next spring and have the plant operating in a year.

Full Story