The latest Ag Economy Barometer has been released showing a slight drop in farmer sentiment.
Farmer sentiment fell by 9 points to 136. Despite the decline in numbers, producers still reported post-election optimism about the future.
Farmers’ long-term outlooks over the next five years were far more optimistic than their outlooks over the next twelve months.
Dr. Jim Mintert with Purdue University spoke with RFD-TV’s own Suzanne Alexander on key factors contributing to the sentiment, international trade, and other policy shifts under the new administration.
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“The farm economy is, if it isn’t in a crisis, it’s well on its way to one right now.”
Dairy farmers are expected to face strong output and export gains, but lower prices and tighter margins will persist into next year.
With the latest detection just across the border, animal health officials on both sides are intensifying efforts to contain the outbreak before it spreads further north.
The USDA NASS report also confirms lower August placements.
While symbolic, the WTO’s youth hackathon reflects growing calls for creative approaches to food trade and security, with potential implications for reducing losses, expanding biofuel markets, and stabilizing grain flows.