Farm bankruptcies have more than doubled in the last year.
Creighton University's Ernie Goss follows the economies of nine midwestern states including South Dakota's which recorded the region’s largest percentage loss again in July.
The July Business Conditions Index for South Dakota slumped to 44.5 from 48.5 in June. Components of the overall July index were: new orders at 44.1; production or sales at 47.6; delivery lead time at 54.1; inventories at 42.1; and employment at 34.8. According to ITA data, the South Dakota manufacturing sector exported $0.7 billion in goods for the first five months of 2025, compared to $0.9 billion for the same period in 2024, for a 19.9% decline. [Mid-America Manufacturing Slumps for July; Higher Inflation with Job Losses]Read more at Bloomberg.

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Trump's flailing ag economy forces layoffs at Deere: Farm Journal.
Farm leaders are fretting Trump's tariff failures: Brownfield Ag News.
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