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.
LIVE coverage of the 2024 Rose Parade is dedicated to Tammy, in recognition and appreciation for all that she achieved supporting cowgirls everywhere.
December 27, 2023 10:49 AM
Both imports and exports are moving through the Panama Canal at a slower pace as the ag industry continues to deal with drought-related restrictions.
December 26, 2023 02:51 PM
·
December 14, 2023 05:22 PM
·
A glimpse into the mindset of the University of Kentucky’s trio of arborists as they relish their role in fostering healthy urban spaces across campus.
December 14, 2023 01:12 PM
·
Getting strange calls or texts from “Amazon” after placing holiday gift orders? In this AARP Live Minute, experts from AARP reveal three Amazon imposter scams to watch out for as you navigate the holiday season.
December 14, 2023 11:28 AM
·
December 08, 2023 09:56 AM
·
