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?