Farmer sentiment rebounds in October on farm economy optimism

11/06/24 6:03 AM By Philip Brasher

Farmer sentiment rose sharply in October as producers expressed more confidence that there won’t be an extended downturn in the farm economy, according to the Purdue University CME Group Ag Economy Barometer.

Philip Brasher
Editor in Chief

To view this article, please login. If you are not a current subscriber, you may sign up for a trial or view other subscription options here.

Agri-Pulse Open Mic: Kip Eideberg, Association of Equipment Manufacturers

This week’s Open Mic guest is Kip Eideberg, Senior Vice-President Government and Industry Relations for the Association of Equipment Manufacturers. Like the industries they serve, equipment manufacturers are familiar with the cyclical turns in farming, forestry, construction and mining. Eideberg says higher interest rates, a lack of trade agreements and sluggish economies around the globe and in the U.S. are proving challenging for the customers to make capital purchases. Eideberg is hopeful Congress will bring a new farm bill in the Lame Duck session or at least early next year. He says tax policy will also be critical next year as both industry and customers need amended policy on deductions for research as well as depreciation.

Listen Here

Opinions

DriveTime

Hear More Drive Time

DriveTime: November 6, 2024
11/06/24
Listen Here

Newsmakers

View More Videos

Agri-Pulse Newsmakers

11.01.2024

Agri-Pulse Newsmakers: Nov. 1, 2024: WFP Laureate Cary Fowler at Borlaug Dialogue

2024 World Food Prize laureates Cary Fowler and Geoffrey Hawtin were honored for their life work protecting crop biodiversity at the Borlaug International Dialogue. We asked Fowler about the creation of the Svalbard Global Seed Vault.

Then, Jim Snee, CEO of Hormel, and his wife Tammy discuss Hormel’s Hometown Food Security Project, and Manuel Otero, IICA director general, spoke on farmers’ challenges to adopt new technology.

Want to receive Newsmakers in your inbox every week? Sign up! http://eepurl.com/hTgSAD

Editorial Office - Washington, DC	Sales, Billing & Customer Service- Camdenton, MO
Suite 436A	110 Waterside Lane
1400 Independence Ave. SW	Camdenton, MO 65020
Washington, DC 20250	(573) 873-0800

	Editorial Office - Sacramento, CA
	(916) 402-9227