A poll conducted among agri-business executives last month by Agri Marketing magazine and the ABM Agri Council showed that the majority think the current ag economy is positive. On a scale of 0 (lowest) to 100 (highest), the overall Agri-Marketer's Confidence Index (AMCI) scored an 87, which compares to 81 when the poll was conducted last June. The current conditions index retreated some, while future expectations are up and overall are still very optimistic.
In another Agri-Marketer's poll conducted by the magazine and the National Association of Farm Broadcasting, the majority of respondents said they think the results of the 2012 U.S. presidential election will have a negative impact on the agricultural sector. A combined 71 percent of respondents say the election results will be either negative or very negative for the ag industry, compared to just 16 percent who say it will be positive or very positive.
Results: How do you think the results of the election will affect the agricultural sector?
Very negative: 45%
No effect: 13%
Very positive: 7%
A first look at the two surveys would indicate contradictory results because there is positive expectations for agriculture in general while the re-election of President Obama is thought to be taking agriculture down.