Dr. Ernie Goss, professor of economics, Creighton Univ., told executives attending the April 1 Farm Equipment Manufacturers Assn. Spring Clinic in Tampa, Fla., that agriculture is “positioned for perfection.”

Goss, who monitors ag markets closely as part of the Rural Mainstreet Index, gives three main reasons why he remains bullish on the long-term prospects of agriculture:

1. Fast growth for emerging economies (including China and India) —”Food demand income is elastic,” he says, noting that when…