Producer sentiment is up following second round of MFP payments

Producer sentiment is up following second round of MFP payments

The second round of Market Facilitation Program payments and

the passage of the farm bill contributed to a rise in producer sentiment last

month.

Purdue University’s Jim Mintert says the latest Ag Economy

Barometer provided the first opportunity to measure sentiment since the two

announcements.

“That’s consistent with the idea that producers are really feeling better about where things are at today on their farm,” he says.

The latest barometer is up 16 points to 143.

Continue reading Producer sentiment is up following second round of MFP payments at Brownfield Ag News.