Missouri: The September RMI for the state sank to 44.8 from 53.5 in August. The farmland price index for September slumped to 46.1 from 52.7 in August. The state’s new hiring gauge for September declined to 53.2 from 63.2 in August. According to USDA 2024 data, Missouri produced $13.6 billion of farm commodities, accounting for 2.7% of the U.S. total. The top two commodities and their U.S. shares were cattle at 2.9% and soybeans at 6.2%.
Nebraska: The Nebraska Rural Mainstreet Index for September sank to 38.5 from August’s 43.2. The state’s farmland price index for September rose to 45.8 from 42.8 in August. Nebraska’s new hiring index fell to 48.0 from 53.7 in August. According to USDA 2024 data, Nebraska produced $32.0 billion of farm commodities, accounting for 6.3% of the U.S. total. The top two commodities and their U.S. shares were cattle at 15.9% and corn at…
