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.
Egg production accounted for much of the increase.
Mike Wilson says years of hard work and stewardship helped transform the farm for future generations.
Farm Bureau Economist Dr. Faith Parum joins us to break down what year-round E15 passage could mean for agriculture, energy markets, and the future of renewable fuels in the United States.
Kentucky Farm Bureau President Eddie Melton joins us to discuss fertilizer affordability concerns, Senate Agriculture Committee testimony, and spring planting conditions in Kentucky.
Agri Stats would no longer be allowed to show participant lists, rankings, or “flags,” and it could only report individual company data in narrow situations.
Officials say the tool could give Florida citrus growers another option against a disease that has devastated production for decades.
