Cautious Optimism Across Farm Country as Several Factors Change

June 7, 2017 12:45 PM

Cautious optimism seems to be rampant of many parts of agriculture even though early forecasts in 2017 called for major turbulence.

Ag bank Farmer Mac says several factors have changed since the start of the year, including demand and the strength of the dollar.

“The world economies are growing a little bit better than maybe we expected them to.” Said Jackson Takach, director of economic and financial research with Farmer Mac. “Some of the policy changes that have been proposed for the Trump administration haven’t taken affect yet, so maybe some of the expectations around the strength of the dollar come down.”

He says that will open up the market for more exports.

Back to news



Spell Check

No comments have been posted to this News Article

Corn College TV Education Series


Get nearly 8 hours of educational video with Farm Journal's top agronomists. Produced in the field and neatly organized by topic, from spring prep to post-harvest. Order now!


Market Data provided by
Brought to you by Beyer