Producer sentiment positive after post-election

Post-election improvement in ag producer economic sentiment continued in December. December’s Purdue/CME Group Ag Economy Barometer marked the second month in a row that the index increased, rising to its highest level since data collection began in October 2015. The shift in sentiment was driven mostly by a strong shift in producers’ expectations for the future, although producers in December were also more optimistic about current conditions than earlier in the year.