American farmers are rallying behind President Donald J. Trump in his unyielding quest to rectify global trade disparities and open new avenues for domestic agricultural producers.
As revealed in the most recent Purdue University-CME Group Ag Economy Barometer:
- An impressive 70% of farmers believe that President Trump’s tariffs will ultimately bolster the agricultural economy over the long haul.
- Farmer confidence saw a notable uptick in April, buoyed by improvements in both current and future economic outlooks.
- The Farm Capital Investment Index reached its highest level since May 2021.
- “This month, one out of four respondents indicated that it was a prime time for large investments, nearly doubling the percentage from surveys conducted between May and October of the previous year.”
- The Farm Financial Performance Index has now recorded its fourth consecutive month above the 100 mark, suggesting that producers expect this year’s financial results to match or slightly surpass those of last year.
