The farm income boost provided by higher commodity prices drove producer sentiment higher in the latest Purdue University/CME Group Ag Economy Barometer.
Jim Mintert is the director of the Purdue Center for Commercial Agriculture.
“Clearly what has taken place in the commodity markets with respect to especially corn, soybean, and wheat prices has really changed the economic picture for many farmers and I think led to the rise in that current condition index and the rise in optimism,” He says.
