Farmers are increasingly optimistic about the outlook of farmland values in the next year, according to the latest Purdue University/CME Group Ag Economy Barometer.

Jim Mintert is the director of Purdue’s Center for Commercial Agriculture.

“We got the strongest response we’ve ever gotten on the survey—43 percent of the farmers in our survey said they expect farmland values to rise over the next twelve months,” he says.

He tells Brownfield that’s the most optimistic short-run perspective farmers have had on farmland values since the survey began in 2015.

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