CME barometer measures positive ag sentiment

Farmer sentiment improved in June for the second month in a row, rebounding from the sharp declines in March and April, according to the Purdue University/CME Group Ag Economy Barometer.

The index was up 14 points from May to a reading of 117 and is based on responses on 400 U.S. agricultural producers in June.

Over the last two, months, farmers’ perspective regarding making large investments in their farming operations improved markedly. The Farm Capital Investment Index recovered to a reading of 60 in June, compared to just 50 a month earlier and . . .

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