Large American farms are more confident of weathering the coronarvirus pandemic but nearly two-thirds of them say Congress should provide more assistance beyond the $16 billion already earmarked for agriculture, said Purdue University on Tuesday. Some 27 percent of producers surveyed for Purdue's monthly Ag Economy Barometer said they were "very worried" about the impact of the virus on their farm's profitability. (No paywall)
Farmers are optimistic about the resumption of trade with China and, as a result, fewer of them believe the Trump administration will send trade war payments to producers this year, said a Purdue University poll on Tuesday. Fewer than half of the producers contacted by the Ag Economy Barometer said they anticipated payments this year, compared to nearly six out of 10 last fall.
One out of every 10 corn farmers was unable to plant 25 percent or more of intended corn acreage due to the wettest spring in a quarter-century, according to a survey by Purdue University. Soybean plantings also were smaller than planned, with 9 percent of growers saying they were unable to …
Six in 10 respondents to a Purdue poll on farmer confidence said the United States-Mexico-Canada Agreement had either completely or somewhat relieved their concerns about their income over the next year.
The administration’s aid package for farmers will shield U.S. agriculture while President Trump negotiates new and fairer trade deals, said a USDA spokesman on Wednesday.
Farmers are increasingly dour about the outlook for U.S. farm exports, with 27 percent expecting lower soybean prices in the year ahead — nearly double the figure from a month earlier, said a Purdue University poll of 400 producers.
Nearly twice as many producers believe there is a risk of a trade war that will significantly damage farm exports as say that risk is low, according to a Purdue University poll of farmers and ranchers.
The Ag Economy Barometer dropped to its second-lowest reading of 2017, pulled down by pessimism about conditions in the coming year, says Purdue University.
U.S. farmers and ranchers, who voted overwhelmingly for President Trump last fall, solidly support renegotiation of the North American Free Trade Agreement, says a Purdue University survey of producers, despite farm groups’ fears of a disruption in trade. The monthly Ag Economy Barometer said …
Just as the spring rally in futures prices brightened farmers' outlook, the summer slump in corn and soybean prices pulled down sharply on the Ag Economy Barometer, say Purdue economists. The monthly survey of producer sentiment fell by 17 points in August for a reading of 95, the lowest since the end of winter.