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Shining Light on Farm & Food Policy for 20 Years.
Friday, November 08, 2024
Farmer sentiment rose sharply in October as producers expressed more confidence that there won’t be an extended downturn in the farm economy, according to the Purdue University CME Group Ag Economy Barometer.
Farmer sentiment about the ag economy has reached its lowest level in eight years, according to the latest Ag Economy Barometer from Purdue University and the CME Group.
Farmers’ outlook dimmed sharply in August as commodity prices dropped amid prospects for bumper crops this fall, according to the latest Purdue University-CME Group Ag Economy Barometer.
The monthly Purdue University-CME Group Ag Economy Barometer reported a five-point decline in farmer sentiment in June, three points lower than in May.
A monthly measurement of producer sentiment recorded a slightly higher score in February, but farmer and ranchers are still noting an elevated level of financial concern.
The nation’s producers are feeling a little better about the state of farm finances but are still a little worried about the prices they’ll receive for their commodities, and those they will have to pay for important inputs in the next year.
