Farmer sentiment has climbed to a four-year high, largely driven by a more optimistic view of ag export prospects.
That is according to the May Ag Economy Barometer, which rose ten points higher than the previous month.
Dr. Jim Mintert with Purdue University spoke with RFD-TV’s Suzanne Alexander about contributing factors, free trade benefits, and Trump’s immigration policy.
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Improved export prospects and higher crop prices strengthened future expectations despite continued caution about spending.
While the agriculture industry hoped details on proposed “bridge” payments for farmers would be released this week, Ag Secretary Brook Rollins said the USDA is still working with the White House on the finer points.