On Markets Now, Tyne Morgan talks with Michael Langemeier, ag economist with Purdue University; Christ Hurt, ag economist with Purdue University; and Jim Mintert, director of the center for commercial agriculture.
On Wednesday, U.S. farmers got the news they had been fearing for months. China announced plans for retaliatory tariffs against American soybeans, the nation’s No. 2 crop. Farmers from across the Midwest comment.
Two of the better-known indicators of the farm economy, Creighton University’s Rural Mainstreet Index and The Purdue/CME Group Ag Economy Barometer, have both turned higher in January, showing improved moods.