An ag economist says farmers are cautiously optimistic about where farmland values are headed according to the latest Purdue University/CME Group Ag Economy Barometer. Jim Mintert, director of Purdue’s Center for Commercial Agriculture, says producers are clearly not as confident as they were earlier.
He tells Brownfield the raw responses to the survey tell a more robust story. “A couple of years ago, 59% of the people in the survey said that they expected to see farmland values increase in the next 12 months.
