News

Producer Sentiment Slips As 2017’s Challenges Start Coming Into Focus


The Purdue University/CME Group Ag Economy Barometer slipped to 124 in March, marking the second month in a row that producer sentiment dropped below the prior month’s level. Recent weakness in the Barometer – which is based on a monthly survey of 400 agricultural producers from across the U.S. – followed a sharp improvement in producer sentiment from November through January. Although producer sentiment fell in both February and March, producers remain more optimistic about the agricultural economy than during all but the last two months of 2016.

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