Farmers are more inclined to make large investments in their farming operations right now, according to the latest Purdue University/CME Group Ag Economy Barometer.
Jim Mintert is the director of the Purdue Center for Commercial Agriculture.
“The farm capital investment index rose to a new record high of 93, that was a 13-point jump in one month,” he says. “People feel pretty good about making large investments in their farming operation.”
He tells Brownfield producers surveyed are also optimistic about farmland values.
