Ag Sentiment Improving?
by Brent Gloy
As I was traveling around the country in January and March the decline in producer attitudes or sentiment toward the agricultural economy was palpable. Unfortunately, I didn’t have a good way to measure this or formally take a poll of attitudes and sentiment. Well, that is one problem we won’t have to worry about anymore. Purdue’s Center for Commercial Agriculture and the CME Group recently unveiled their newly developed Ag Economy Barometer and it formally takes a reading on attitudes toward economic conditions in the sector. It’s not often that we get new data sources on the ag economy and I am quite excited to see how ag sentiment evolves over time. (more…)