NASHVILLE, TENN. (RFD NEWS) — Researchers at Purdue University and CME Group are seeing a notable improvement in farmer sentiment in March, according to the latest Ag Economy Barometer, released on Tuesday morning.
The index climbed 11 points in March, reaching 127, despite ongoing producer concerns about rising input costs. Current Conditions also improved, up 6 points from last month, with more respondents saying they believe the U.S. is headed in the right direction.
Looking ahead, Future Expectations jumped 14 points as a growing share of respondents anticipate land values will increase over the next five years—signaling stronger long-term optimism.
Coming up at 12 PM ET, Perdue’s Dr. Michael Lang-Meier, a senior author on the report, will join us live for a full breakdown of the March Ag Economy Barometer and a look at what he says are the major takeaways.
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