Continued strength in commodity prices boosts farmer sentiment

Ongoing strength in commodity prices contributed to an improvement in farmer sentiment, according to the latest Purdue University/CME Group Ag Economy Barometer.

Jim Mintert is the director of the Purdue Center for Commercial Agriculture.

“That’s largely a reflection of the boost in commodity prices we’ve seen,” he says. “If you look at prices, for example, for corn and soybeans from when we did the survey in March to when we did the survey in April, they were both up significantly.

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