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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Ag Secretary Brooke Rollins made the announcement yesterday at the grand opening of a new food safety lab in Missouri, where researchers will do Listeria testing.
$15 billion in U.S. energy, $4.5 billion ag products, 50 Boeing jets—plus a 19% tariff on Indonesian exports in exchange for U.S. market access.
Following an on-target CPI, the combination could suggest that inflation is cooling.
“Just a great, great day and I’m thrilled and honored to be a part of it.”
