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.
Related Stories
Louisiana soybean farmers are moving quickly to get this year’s crop planted during a key window for yield potential.
EPA’s approval gives citrus growers a new disease-fighting tool against greening at a time when production losses remain severe.
Vermicompost business helps boost soil health from the ground up.
The House is moving forward with debate on the Farm Bill after a lengthy session in the House Rules Committee cleared the legislation for floor consideration.
March pork gains lifted total meat production, but first-quarter output still ran below last year.
Eric Weaver with UNL joins us to share about a promising new HPAI vaccine, early test results, next steps in development, and its potential impact on the livestock industry.