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Farmer sentiment drifted downward in June as the Purdue University\/CME Group Ag Economy Barometer reading of 105 was 3 points lower than a month earlier. The overall decline in sentiment was due to a 5-point drop in the Index of Future Expectations, which fell to 112, while the June Current Conditions Index increased to 90, 1 point higher than the May index. High input costs, the risk of lower prices for their products, and rising interest rates continue to weigh on farmer sentiment. This month\u2019s Ag Economy Barometer survey was conducted from June 17-21.
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Farmer sentiment drifted downward in June as the Purdue University\/CME Group Ag Economy Barometer reading of 105 was 3 points lower than a month earlier. The overall decline in sentiment was due to a 5-point drop in the Index of Future Expectations, which fell to 112, while the June Current Conditions Index increased to 90, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12026],"tags":[42781,15680,12870,2481,23799,50406],"dealstore":[],"offerexpiration":[],"class_list":["post-112647","post","type-post","status-publish","format-standard","hentry","category-agriculture","tag-drifts","tag-expectations","tag-farmer","tag-future","tag-sentiment","tag-weaker"],"yoast_head":"\n