A recent survey from Purdue University shows farmer sentiment is slipping in rural America, and economists say today’s problems are very different than just months ago.
“Back in August, before the election, 22 percent of the respondents in the survey chose interest rate policy as one of their top concerns versus 20 percent choosing trade policy. Since the election, over 40 percent, an average of 43 percent, of the respondents to the survey have chosen trade policy as their top concern. While the percentage choosing interest rate policy as a top concern has been falling, and this month was just ten percent,” said James Mintert.
Right now, Mintert says interest rate policy is a top concern for just 10 percent of those who responded.
Related Stories
Rising fertilizer costs tied to tariffs are tightening margins for U.S. wheat growers, according to new data from the National Association of Wheat Growers.
Shaun Haney, host of RealAg Radio, outlines potential risks for agriculture as negotiations continue between the two countries
Consistent sorghum quality supports strong export demand potential.
Corn and sorghum exports remain strong; soybean demand lags.
Secretary Rollins is signaling a possible reopening of the southern border to Mexican feeder cattle as officials work to manage the threat of the New World Screwworm.
Lower shipping costs alone will not restore export competitiveness.
