McLean County Farm Bureau

Improvement in farmer sentiment carries over into 2023

Following a sharp increase to close out 2022, the Purdue University/CME Group Ag Economy Barometer increased by 4 points to a reading of 130 in January. “Although producers were a bit more optimistic about the future this month, they again reported expectations for tighter margins in 2023 than in 2022,” said James Mintert, the barometer’s principal investigator and director of Purdue University’s Center for Commercial Agriculture.

 

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