Prospects for Rising Ag Exports Raises Farmers’ Optimism About Current and Future Conditions

Farmer’s perception of an improving ag economy going forward could be laying the groundwork for increased capital investments in the year ahead, according to the results of the Purdue University-CME monthly farmer survey.

Overall, the Ag Economy Barometer rose slightly compared to a month earlier, with a reading of 168 in February, a single point higher than the previous month. But Purdue ag economists James Mintert and Michael Langemeier note that the one point rise…

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