The Rural Mainstreet Index for February shows the rural
economy expanding but the strain of tariffs and low ag commodity prices continues
to weaken the farm sector.
Dr. Ernie Goss with Creighton University in Nebraska tells
Brownfield the survey of ag bankers in 10 states found two-thirds of them
increasing the collateral requirements on farm loans, “They’ve not only
increased those requirements and rejected a higher percentage of loans they’ve
restructured a higher percentage of loans.
Continue reading Rural Mainstreet Index shows strain of farm economy at Brownfield Ag News.