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.
Kevin Charleston of Specialty Risk Insurance discusses the importance of grain bin safety and joint efforts with Nationwide to provide farmers and first responders with access to critical, life-saving rescue tubes.
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Dr. Kelly Bruns from the Nebraska College of Technical Agriculture discusses how the college prepares students for careers in agriculture.
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New Holland VP Ryan Schaefer shares insights into the brand’s legacy and innovations that support U.S. cattle producers.
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Federal assistance has helped, but the most recent row-crop losses remain on producers’ balance sheets.
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