Farmers across America are expressing robust support for President Donald J. Trump‘s trade policies, according to the latest data from the Purdue University-CME Group Ag Economy Barometer. The survey reveals that 70 percent of farmers believe the tariffs imposed under Trump’s administration will ultimately strengthen the agricultural sector. This optimistic outlook is reflected in the significant rise in farmer sentiment observed in April, with both current and future expectations showing marked improvement.
The Farm Capital Investment Index, a key measure of farmers‘ willingness to invest, has reached its highest level since May 2021. This surge in investment sentiment is underscored by the finding that one in four respondents considers it a favorable time to make substantial investments. This figure is nearly twice the percentage recorded in surveys conducted from May to October of the previous year.