Producer sentiment is up after the signing of the phase one trade agreement and expectations for improved trade with China.
Jim Mintert, with the Purdue Center for Commercial
Agriculture, says the latest Purdue University/CME Group Ag Economy Barometer jumped
17 points to 167.
“Our survey in January was conducted the week that President Trump signed the phase one agreement with China, and you could see that to some extent in our results,” he says.