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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Cattle and hog supplies continue to tighten while dairy output expands, creating a split outlook in which red-meat prices soften and milk values come under pressure from larger supplies.
Enjoy special programming as you gather to feast and give thanks with your family, featuring a re-cap of the 98th National FFA Convention, special airings of favorite music programs, and a “Lonesome Dove” marathon.