Farmer sentiment rose as commodity prices rallied in February, according to the latest Purdue University/CME Group Ag Economy Barometer. Purdue Center for Agriculture Director Jim Mintert says there’s still a lot of concern about production costs.” Sentiment is still quite a bit weaker than it was this time last year. I think that’s really a reflection of the level of uncertainty that’s out there. When we asked farmers what their biggest concern was for 2022, the most common response was rising production costs, followed by the risk of declining commodity prices, followed by environmental policies.”
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