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
“I see this as an opportunity rather than a challenge”
The California Farm Bureau introduces us to Aussie, its 2024 Farm Dog of the Year! Aussie’s proved nothing—not even the loss of a limb—can stop her from protecting her farm and family.
John Deere is cutting 100 positions from its Waterloo Works plant in 2025, and Butterball will cut 200 positions in Jonesboro, Ark.
