Local

States Hurt By Lower Ag Prices

States Hurt By Lower Ag Prices

OMAHA, Neb. (AP) — A new report suggests that healthy economic growth slowed down this month in rural areas of 10 Midwest and Plains states.

The overall economic index for the region slipped to 55.8 in August from 57.3 in July but was far ahead of the 47.1 in August 2012.

Creighton University economist Ernie Goss oversees the monthly survey of rural bankers. He says drought weighed down the economy last year. He says lower farm commodity prices are dampening the current outlook for the farm economy.

The index ranges from 0 to 100, with 50 representing growth neutral. A score above 50 suggests economic growth in the months ahead.

The index is based on a survey of rural bankers in Colorado, Illinois, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, South Dakota and Wyoming.

Recent Headlines

in Local

Research At SD Public Universities Being Reduced

SD sign

The reason is an end to federal stimulus funding coupled with federal budget cuts.

in Local

No One Injured In Three Mitchell Fires

fire truck

Two occurred on Sunday, and one happened on Saturday.

in Local

Rock Climber Suffers Two Broken Legs

ambulance

The man's name and full extent of his injuries were not released.

in Local

Processed Hay Must Be Removed From Highway Rights Of Way By Monday

bales

The bales can be a safety hazard for vehicles.