The latest Ag Economy Barometer has been released and it shows that farmer sentiment has improved as interest rate expectations shift.
The barometer improved in March, pushing the reading up 3 points to a reading of 114. The Index of Current Conditions came in 2 points below last month at 101.
While the Index of Future Expectations climbed to 120, 5 points higher than in February.
That split was driven primarily by farmers’ perception of their financial condition and how they expect that to improve over the next year.
Farm Financial Performance was down 1 point at a reading of 83.
CME Executive Director of Ag Research, Fred Seamon spoke with RFD-TV’s own Suzanne Alexander on what contributed to the shift, his thoughts on the report, and what to expect as planting season approaches.
Brooks York of AgriSompo discusses projected prices and how farmers are adapting their crop insurance strategies as the price discovery period comes to a close.
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Agriculture avoided major disruptions, but trade uncertainty remains elevated.
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The debate now matters as much as the policy — market rules and regulatory clarity depend on whether Congress can finish the bill this year.
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Galynn Beer of Tidal Grow Agri-Science joined us to discuss challenges in fertility management, the benefits of Align-N, and what growers can expect at Commodity Classic next week.
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