Plenty of Reasons to Smile this Thanksgiving
APPLETON, Wis., Nov. 19, 2012
APPLETON, Wis., Nov. 19, 2012 /PRNewswire/ -- BMO Harris Bank says there are
plenty of reasons to smile when you look at your Thanksgiving meal this
While many farmers faced brutal conditions that adversely affected crop
production, with the beef herd taking the brunt of the drought effects, there
was still positive news for many farmers.
"Not all the news is bad," said Sam Miller, Managing Director and Group Head,
Agriculture, BMO Harris Bank. "Milk prices have improved, soybean yields were
above expectations, and the wheat harvest was largely complete prior to the
major impact of the drought."
Meanwhile, for consumers, there's even more reason to smile this Thanksgiving,
as the average price of a Thanksgiving meal has actually decreased this year
by 2.6% in Wisconsin (based on a survey conducted by the Wisconsin Farm
Bureau, which surveyed the prices of traditional Thanksgiving food items such
as turkey, cranberries and pumpkin pie).
"Overall, however, it was a challenging year for farmers, and my colleagues
and I want to recognize their hard work and resilience," added Miller. "BMO
Harris Bank initiated a Drought Relief program earlier in the year, and to
those customers of ours that are still feeling the pain of the record drought
this past year, I encourage you to talk to one of our Ag bankers about ways we
About BMO Harris Bank
Based in Chicago, BMO Harris Bank N.A. provides a broad range of personal
banking products and solutions through over 600 branches and approximately
1,300 ATMs in Illinois, Wisconsin, Indiana, Kansas, Missouri, Minnesota,
Nevada, Arizona and Florida. BMO Harris Bank's commercial banking team
provides a combination of sector expertise, local knowledge and mid-market
focus throughout the U.S. Deposit and loan products and services provided by
BMO Harris Bank N.A. Member FDIC. BMO Harris Bank(SM) is a trade name used by
BMO Harris Bank N.A. BMO Harris Bank is part of BMO Financial Group, a North
American financial organization with 1,600 branches, and a retail deposit base
of approximately $180 billion.
SOURCE BMO Harris Bank
Contact: Patrick O'Herlihy, +1-312-461-6970
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