Despite ag trade uncertainty, farmers still have an optimistic outlook for the year ahead, according to the latest Ag Economy Barometer, which rose five points from the previous month.
Dr. Jim Mintert of Purdue University spoke with RFD-TV’s Suzanne Alexander about contributing factors, producer opinions on trade policy, and the reading’s big takeaways.
Related Stories
High ownership does not always translate into high output, underscoring the importance of structural differences in understanding state-level farm performance.
Record yields are cushioning production declines, but softer prices underscore the importance of cost control and market timing for vegetable growers.
Cuba remains a small but dependable, cash-only outlet for U.S. grain and food products.
Expanding cheese exports are strengthening U.S. milk demand and reinforcing global competitiveness.
Strong global demand and falling stocks suggest continued price volatility for U.S. coffee buyers despite record world production.
U.S. dairy producers remain the primary growth engine globally, while tightening supplies in Europe and New Zealand could support export demand for American dairy products.
Fewer acres and stronger prices suggest disciplined hop production is supporting market balance despite lower output.
Benchmark machinery costs against those of similar-sized, high-performing operations to inform equipment and investment decisions.