Despite trade concerns, producer sentiment is on the rise as current conditions improve on U.S. farms.
That is according to the latest Ag Economy Barometer, which climbed 11 points from last month.
CME Executive Director of Ag Research, Fred Seamon spoke with RFD-TV’s own Tammi Arender on contributing factors, trade policies, and biggest takeaways from he latest reading.
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Shrinking sheep numbers contrast with gradual goat expansion, signaling tighter lamb supplies but steadier growth potential for meat goats.
Smaller cow numbers and a declining calf crop point to prolonged tight cattle supplies, limiting near-term herd rebuilding potential.