Farmers are more optimistic about the agricultural trade outlook, according to the latest Purdue University/CME Group Ag Economy Barometer.
But, Jim Mintert, with the Purdue Center for Commercial Agriculture, says the survey was taken before markets reacted to the coronavirus.
“We collected data from February 10-14 and if you’ve been tracking the markets, that was the time frame before we saw the big downturn in stock market prices and the biggest impact on commodity prices as well,” he says.
