Farmers are less optimistic about their farms’ financial performance, according to the latest Purdue University/CME Group Ag Economy Barometer
Purdue University’s Jim Mintert says sentiment on farm financial performance is relatively high despite the decline.
“That’s a reflection of strong commodity prices and expectations for strong or very positive income levels here in 2021, but it was a little bit softer than last month,” he says.
He tells Brownfield the farm capital investment index also declined.