The latest Ag Economy Barometer was released today and it shows farmers are still concerned with rising input prices and input availability, especially as the Ukraine war continues on.
This month’s Index was the weakest farmer sentiment reading since May 2020 as it decreased to 113.
Farm Financial Performance increased four points from last month to 87.
The Farm Capital Investment fell six points to 36, and there was little change in farmland values in March.
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Dr. Jim Mintert breaks down the latest numbers from the Ag Economic Barometer