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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$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.