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 …
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.
The newly created Ag Economy Barometer will provide a monthly gauge of the sentiment of large-scale farmers, who produce the bulk of U.S. food and fiber, say its sponsors, the Center for Commercial Agriculture at Purdue U and CME Group, which operates futures markets. Some 400 large producers …