Think happy thoughts ๐ค
Feb 09, 2023๐ Do you believe that when you think positive, good things happen? Regardless of whether this is true, producers seem more optimistic about the future – that’s what the Ag Economy Barometer, by Purdue University, has found out.
• The latest survey was conducted from Jan. 16-20.
๐ค The rise in sentiment was mainly due to better expectations for the future. Although optimism is indeed the norm, tighter margins in 2023 than in 2022 are still expected.
• It’s also been revealed that the vast majority of producers are entering 2023 in a strong financial position, despite the rise in production costs.
๐ To read more about the results, click here, or check out the full Ag Economy Barometer report here.