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.
Large animal vets say the parasite is now showing up in regions where it historically has not been common.
NRCS leadership affects how conservation dollars, technical assistance and working-lands priorities reach farmers and ranchers.
At the center of the announcement is the Blue Point Project in Louisiana, a $3.7 billion ammonia facility, USDA says, that will become the world’s largest ammonia plant once completed.
USDA says both crops remain ahead of the five-year average as farmers continue monitoring dry Corn Belt conditions.
Texas Farm Bureau takes us behind the scenes at USDA’s sterile fly facility, considered a first line of defense against New World Screwworm, a fight Texas Ag Commissioner Sid Miller fears is “futile.”
RealAg Radio’s Shaun Haney joins us to discuss Canadian farmer sentiment, saying many are also struggling with profitability and long-term outlook in agriculture.
