Farmer sentiment plunges in January amid economic concerns
Farmer sentiment plunges in January amid economic concerns
American farmer sentiment dropped sharply in January as economic anxieties intensified, according to the monthly Purdue University-CME Group Ag Economy Barometer.
The index fell to 113 in January from 136 in December, with the future expectations index declining 25 points. Half the producers surveyed reported their operations were worse off than a year ago, while 30% anticipated further deterioration over the next 12 months.
Export concerns have deepened significantly. Some 16% of respondents ex
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