Ag Barometer Insight: February 2021 Survey

February's Ag Economy Barometer changed very little compared to January, down 2 points to a reading of 165. Ongoing strength in ag commodity prices and farm income continue to support producers’ perspective on current conditions while concerns about possible policy changes affecting agriculture and eroding confidence in future growth in ag trade continue to weigh on producers’ future expectations. This month’s survey was conducted from February 15-19, 2021. Purdue ag economists James Mintert and Michael Langemeier review the results and give some insight into the February 2021 Ag Economy Barometer survey, a nationwide monthly survey of 400 ag producers. The full report is available at https://purdue.ag/agbarometer.