Farmers are more confident in their farms’ financial performance according to the latest Purdue University/CME Group Ag Economy Barometer.
Ag economist Jim Mintert, director of the Center for Commercial Agriculture, says the Farm Financial Performance Index has risen 11 points since before harvest. “A lot of that was related to the fact that yields were better than expected,” he says. “Particularly think about what was taking place during the dry weather period of last summer.
