The latest Ag Economy Barometer has been released and it shows that farmer sentiment has improved as interest rate expectations shift.
The barometer improved in March, pushing the reading up 3 points to a reading of 114. The Index of Current Conditions came in 2 points below last month at 101.
While the Index of Future Expectations climbed to 120, 5 points higher than in February.
That split was driven primarily by farmers’ perception of their financial condition and how they expect that to improve over the next year.
Farm Financial Performance was down 1 point at a reading of 83.
Purdue University Professor of Ag Economics, Dr. Jim Mintert spoke with RFD-TV’s own Tammi Arender on contributing factors to the shift, his big takeaways, and what to expect moving forward.
Industry estimates suggest approximately 500 million sterile flies per week may be required to fully eradicate the pest.
Farmers should watch for settlement notices and gather dealer repair invoices, proof of payment, and equipment identification records.
Proposed legislation would require automakers to include AM radio in all new passenger vehicles at no additional cost.
HTS Commodities’ Lewis Williamson joins us to recap USDA’s latest Crop Progress Report, troubling winter wheat conditions, and key market factors shaping the markets as the growing season progresses.
Senate Ag Chairman John Boozman says Farm Bill text could be released within weeks, with a committee markup targeted for later this summer.
Livestock producers should inspect animals daily, report any suspicious wounds immediately, and comply with local movement restrictions.
