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Farmer sentiment weakened in July
Farmer sentiment continues to weaken. The Purdue University/CME Group Ag Economy Barometer declined again in July, falling to 135, an 11-point month-over-month decline from June. The July Current Conditions Index dropped 17 points to 127, while the Future Expectations Index posted a smaller decline of seven points to 139. Purdue University’s James Mintert said that, despite the weakness in crop prices, high input costs remain the top concern among producers, chosen by 39 percent of respondents...













