Strong commodity prices and farm income continue to support producers’ perspective on current conditions. At the same time, concerns about possible policy changes affecting agriculture, and eroding confidence in future growth in ag trade, continue to weigh on producers’ future expectations.
Read More
Farmers’ weakening expectations for the future appear to be motivated by concerns about several policy issues proposed by the new administration.
Read More
Farmer sentiment improved modestly in December as the Ag Economy Barometer rose 7 points from November. The rise was primarily driven by farmers’ perception that the current situation on their farms really improved.
Read More
CoBank’s 2021 outlook report examines 10 key factors that will shape agriculture and markets that serve rural communities throughout the U.S. The early part of the year should look very different than the latter, but in total, economic growth is estimated to be about 4%.
Read More
The Purdue University/CME Group Ag Economy Barometer dropped 16 points to a reading of 167 in November, down from its all-time high set just one month ago. The decrease in sentiment was led by farmers’ more pessimistic view toward the future of the agricultural economy.
Read More
