Think happy thoughts ๐ค
Feb 09, 2023
๐ 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.