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Ag Barometer: nearly half of farmers surveyed aren’t planning on farm growth  

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Nearly 50 percent of farmers surveyed in the latest Ag Economy Barometer say they plan to exit or retire or have no plans to grow their farm.

Jim Mintert, director of the Purdue University Center for Commercial Agriculture, says each February farmers are asked what annual growth rate they expect for their farm over the next five years.

“The farm growth question is one of the more interesting questions we’ve asked over time.

Ag Barometer: nearly half of farmers surveyed aren’t planning on farm growth