The latest ag economy barometer dropped this morning, showing a weakening farmers’ sentiment.
Farmer sentiment fell in June to 146, down 12 points compared to last month’s high. The decline has been attributed to producer concerns surrounding agricultural exports, with few optimistic about the future.
Despite declines, all three indices in the report remained well above year-ago levels.
Purdue University Professor of Ag Economics, Dr. Jim Mintert spoke with RFD-TV’s Suzanne Alexander about what drove the drop, how this compares to previous years, and what to expect moving forward.
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“We have to... preserve these rural hospitals, and they were closing at an epidemic rate.”
“She has a plan and that plan is to support our farmers.”
“It’s a falsehood to call beef from another country ‘Product of the USA.’”
“When you’re a small family farm, security is often an afterthought, if a thought at all.”
“I don’t think we’re going to see cattle coming across the border at all because of that increase in their cases in Mexico.”