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Shining Light on Farm & Food Policy for 20 Years.
Friday, December 20, 2024
Increased confidence in the Fed may be leading more producers to expect interest rates to remain steady or decline compared to earlier in the year, according to the April Ag Economy Barometer reading.
Bank collapses and a continued rise in interest rates weakened farmer sentiment in March as producers reported increased concerns about their current and future expectations.
Creighton University’s March Rural Mainstreet Index reading slipped to a negative value as bankers encouraged interest rate hikes and farmland values remained elevated.