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Top Producer Poll: How confident are you in the current agricultural economy?

February 5, 2009
By: Sara Schafer, Farm Journal Media Business and Crops Editor
 
 

Anne Rippke, Farm Journal Editorial Projects Editor
 
What level of confidence do you have in today's ag economy? What factors influence your answer?
 
The Top Producer Reader Poll asked:
 
How confident are you in the current agricultural economy?
 
The current results are:
 
  • 50/50 - 28%
  • Really confident - 22%
  • Not at all - 16%
  • Not so much - 10%
  • I think it's horrible - 6%
 
Pro Farmer editor Chip Flory offered some insight about the results.
 
He says the "50/50” percentage can be accredited to the "amount of high risk people are facing with input costs and rental rates.”
 
As for the nearly 24% who are feeling "really confident,” Flory says this is probably a result of good planning from last year. "Farmers can be really confident from building up their cash holdings as a result of good revenues in the 2008 season,” Flory says.
 
How do you feel?
 

You can email Anne Rippke at arippke@farmjournal.com.

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RELATED TOPICS: News, MoneyWise

 
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