A MONTHLY SURVEY OF BANK C-E-OS IN RURAL AREAS OF IOWA AND OTHER MIDWEST STATES INDICATES THE REGION’S ECONOMY HAS DIPPED TO ITS LOWEST LEVEL SINCE MAY OF 2020.
CREIGHTON UNIVERSITY ECONOMIST ERNIE GOSS CONDUCTS THE SURVEY AND ISSUES A MID-AMERICA MAINSTREET INDEX EACH MONTH.
https://kscj.com/wp-content/uploads/2025/10/GOSS8.mp3
GOSS8 OC………..THE FARM ECONOMY.” :10
GOSS SAYS A FIRM MAJORITY OF THE BANKERS INDICATED PRESIDENT TRUMP’S APPROACH TO TRADE WITH CHINA IS ABOUT RIGHT, BUT NEARLY 85 PERCENT OF THE BANKERS SURVEYED SUPPORT EMERGENCY FEDERAL PAYMENTS TO FARMERS DUE TO THE FINANCIAL HIT OF TRADE LOSSES.
https://kscj.com/wp-content/uploads/2025/10/GOSS9.mp3
GOSS9 OC……GRAIN, THAT IS.” :21
GOSS SAYS THERE MAY BE ONE BRIGHT SPOT IN THE SURVEY, ABOUT FARM LOANS.
https://kscj.com/wp-content/uploads/2025/10/GOSS10.mp3
GOSS10 OC…….IN THE REGION.” :17
GOSS SAYS FARM EQUIPMENT SALES HAVE DROPPED FOR 26 STRAIGHT MONTHS.
THAT’S A HIT TO IOWA WHERE DEERE AND COMPANY HAS BEEN LAYING OFF WORKERS AND SCALING BACK PRODUCTION.
HE SAYS DUE TO RISING COSTS FOR FERTILIZER AND OTHER EXPENSES, THERE’S BEEN AN INCREASE IN THE AMOUNT FARMERS ARE BORROWING.
https://kscj.com/wp-content/uploads/2025/10/GOSS11.mp3
GOSS11 OC……ISSUE GOING FORWARD.” :11
GOSS SAYS THE VALUE OF FARMLAND IS HOLDING UP MUCH BETTER THAN FARM INCOME, BUT THE RURAL BANKERS SURVEYED EXPECT FARMLAND PRICES TO DECLINE BY THREE TO FOUR PERCENT IN THE NEXT 12 MONTHS.
The post GOSS SAYS MIDWEST ECONOMY IS AT 5 YEAR LOW appeared first on KSCJ 1360.
