Farmer Sentiment Drifts Lower as Trade Uncertainty Hangs over Agriculture
8 Articles
8 Articles
Farmer sentiment drifts lower as trade uncertainty hangs over agriculture
/PRNewswire/ -- Farmer sentiment dipped slightly in December, with the Purdue University/CME Group Ag Economy Barometer dropping 3 points to 136. The decline...
Farmer sentiment declines as farmers become more concerned about tariffs and soybean exports
An ag economist says ongoing tariff policy uncertainty has led to a decline in this month’s Purdue University/CME Group Ag Economy Barometer. Professor emeritus Jim Mintert says producers are still concerned about the loss of soybean market share to China. “Fifty-two percent of respondents said they thought soybean exports over the next five years would remain about the same or actually decrease,” he says. “Over half of […] The post Farmer sent…
Purdue’s Ag Economy Barometer Dips as Trade Uncertainty and Soybean Competition Intensify
Farmer sentiment weakened slightly in December as the Purdue University-CME Group Ag Economy Barometer Index dropped just 3 points in December to a reading of 136. Weakness in the barometer was attributable to a modest decline in producers’ long-term outlook, as the Future Expectations Index fell to 140, 4 points below a month earlier. Meanwhile, the Current Conditions Index, at 128, was unchanged from November’s reading. Angst about prospects f…
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