How have you been feeling lately? ๐
Mar 13, 2023๐ Based on the Purdue University/CME Group Ag Economy Barometer, farmers' perspectives regarding both current conditions on their farms and expectations for the future have taken a dip in February.
๐คฏ Both the Index of Current Conditions and the one regarding Future Expectations declined. Truth be told, increasing concerns over the risk of falling output prices, rising interest rates, and uncertainty over the future growth of US agricultural exports is weighing on producers' minds.
• To better understand what the Ag Economy Barometer is, read this, and to access its full report, click here.