U.S. farmer sentiment at lowest since 2016 due to low commodity prices, high input costs, and trade uncertainties.

Farmer sentiment in the U.S. hit its lowest level since 2016, with the Purdue University/CME Group Ag Economy Barometer dropping to 88 in September. Concerns over low commodity prices, high input costs, and uncertain agricultural trade prospects contributed to this decline. The Index of Future Expectations fell to 94, while the Index of Current Conditions dropped to 76, indicating widespread unease among farmers about their financial outlook and potential policy changes.

October 01, 2024
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