Improved Producer Optimism in October

James Mintert, David Widmar and Michael Langemeier   The latest measure of agricultural producer sentiment improved slightly during October to 135, its third-highest level since data collection began two years ago (Figure 1). Although stronger than a month earlier, the Purdue/CME Group Ag Economy Barometer remained within the trading range it has been in since…

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Ag Economy Barometer: Producers more optimistic in October

WEST LAFAYETTE, Ind. and CHICAGO – Producer sentiment toward the agricultural economy improved slightly in October, according to a monthly survey of 400 agricultural producers from across the United States. The Purdue University/CME Group Ag Economy Barometer landed at 135 in October, up three points from September. It represented the third-highest reading since data collection…

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