An ag economist says uncertainty is the main driver behind farmer sentiment.
Jim Mintert is the head of Purdue’s Center for Commercial Agriculture. “It’s not really a reflection of weak economic conditions on the part of producers,” he said. “It just really is reflecting this concern about the future and this uncertainty about the future. That has people on edge and has them worried about where we’re headed.”
Mintert says the latest Purdue University/CME Ag Economy Barometer survey asked farmers where they saw the financial health of the operation heading in the next year.