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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“We lost 150,000 farmers and farms in the last four years, a disaster that nobody’s talking about.”
“Farmers want to feed people. They want to keep farming. They’re counting on Congress to live up to its obligations.”
“It keeps the land in ag production and provides our retiring farmers with a viable retirement option.”