Farmer pessimism about the economy is at its lowest in nearly a decade. That’s according to a recent survey conducted by the Purdue Center for Commercial Agriculture.
The Purdue University-CME Ag Economy Barometer Index for September was at 88. That’s down 12 points from the August survey and 25 from July’s results. It’s also down 18 points from where the index was a year ago, with growers’ concerns for both the future and present leading to steep drops in both subcategories.
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