Farmer sentiment improves as interest rate expectations shift

U.S. farmers’ outlook improved in March as the Purdue University/CME Group Ag Economy Barometer index rose to 114, marking a 3-point rise from February. While the Index of Current Conditions fell by 2 points to 101, the Index of Future Expectations climbed to 120, up by 5 points from February. The disparity between current and…

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Modest improvement in farmer sentiment, yet financial concerns loom

The latest Purdue University/CME Group Ag Economy Barometer reveals a modest increase in farmer sentiment compared to the previous month, though concerns remain regarding farm financial performance in the year ahead.   The February barometer reading reached 111, marking a 5-point rise from last month. The small uptick is attributed to producers expressing increased optimism about the future,…

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