(NAFB.com) – The overall Rural Mainstreet Index dropped below a growth-neutral level of 50.0 for February. That’s according to the most recent monthly survey of bank CEOs in rural areas of a ten-state region dependent on agriculture or energy. The region’s overall reading for February fell to 47.9 from 52.0 in January. This marks the 12th time that the index has dropped below growth-neutral since January 2025. “Due to weakness in the farm economy, especially for grain, about 75 percent of bankers support additional Congressional financial support for the agriculture sector,” said Ernie Goss of Creighton University. “They said pullbacks in farm exports during 2025 continue to undermine the regional farm economy.” The February survey showed farm loan delinquency rates plateauing at a modest rate of less than 1.5 percent. The Farm and Ranchland Price Index also fell below growth neutral at 45.5. The overall index ranges from 0 to 100, with growth neutral at 50.0.
