The latest ag economy barometer shows high input costs and rising interest rates are still top concerns for farmers.
Although, farmer sentiment was unchanged this month at a reading of 102. There was a slight shift in the index of current conditions, which declined three points to a reading of 98. However, the index of future expectations increased by two points to 104.
The farmer financial performance index also improved this month to 91, which is up five points from last month.
Purdue University Ag Economics Professor, Dr. Jim Mintert spoke with RFD-TV’s own Suzanne Alexander about the reading, and his thoughts from the latest report.
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