The head of Purdue’s Center for Commercial Agriculture says farmer sentiment remains weak.
Ag economist Jim Mintert says the Purdue University/CME Ag Economy Barometer dropped another two points in June. “Producers are much more negative about what is taking place in terms of sentiment in both on the farm and in the ag economy in comparison to this time last year,” he says.
The reading of 97 is the lowest level it’s been since October 2016.