After sliding earlier this year, the Ag Barometer gained three points in February to sit at 116.
But Purdue University’s survey found that future expectations slipped again to sit at ts lowest level since September 2024. It’s now at 45 points below a year ago.
Nearly 44 per cent of producers report their operation is worse off than last year, and only seven per cent plan to increase machinery purchases.
Still, 51 per cent plan to expand their farms within the next five years.