US: Michigan Agri & Food industry leaders optimistic about the future

Leaders in Michigan’s food and agriculture system are extremely confident in the current business outlook. That was the key finding from the first Michigan Ag and Food Index (MAFI), released today during Michigan Ag Expo, the state’s largest general farm show. The index gauges the business climate for the State’s agriculture and food businesses. Food and agricultural leaders give their current business condition a rating of 147. A rating of 100 on the index is considered neutral; ratings above 100 signal increasingly positive confidence, and below 100, increasingly negative confidence. They give Michigan’s overall economic outlook a rating of 115—positive but considerably less strong than the rating they give their own businesses.

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