The financial barometer the university calculates in co-operation with the Chicago Merchandise Exchange (CME) climbed 30 points in November to a reading of 145.
That is the most optimism since planting time in May, 2020.
The Future Expectations Index rose by 37 points to 161, while the Current Cronditions Index increased 18 points to 113.
Farmers expect a boost from an improved regulatory and tax environment following the November election.
This month’s survey was conducted from Nov. 11-15, 2024, the week following the U.S. presidential election.
Rural areas voted heavily for Donald Trump and Republicans.
