Rural Mainstreet Index Falls on Farm Cost Concerns
(OMAHA, NE) — Rural bankers are growing more concerned about the farm economy as higher fuel and fertilizer costs weigh on producers. Creighton University’s September Rural Mainstreet Index fell to 44.7, down from 50.3 in August. Readings
Soybean Crushing, Corn Ethanol Use Increase
U.S. soybean processing and corn use for alcohol production increased in August compared with a year earlier, providing stronger domestic demand for two of the nation’s largest crops. The Agriculture Department reported Thursday that processors crushed about
Heavy Rain Slows Harvest Across Parts of Corn Belt
Heavy rain has interrupted corn and soybean harvest activity across portions of the Midwest, but forecasters say a drier weather pattern should soon allow farmers to return to fields. Remnants of Hurricane Polo contributed to heavy rainfall