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Ag News: Famer Sentiment Higher
. Farmer sentiment improved modestly in December as the Ag Economy Barometer rose 7 points from November to a reading of 174.
agrimarketing.com reports, December s sentiment improvement still left the barometer 9 points below October.
Both of the barometer s sub-indices, the Index of Current Conditions and the Index of Future Expectations, were higher in December although the current conditions improvement was three-times the size of the future expectations increase. Given the time necessary to convert legislation into action, the Biden administration will oversee the payment of most or all of the $13 billion in agricultural aid included in the latest coronavirus package