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Farmer sentiment declines to lowest level since June 2022 amid weakened financial outlook

Tuesday, May 7, 2024 • 2 PM

Farmer sentiment plunged in April as the Purdue University-CME Group Ag Economy Barometer fell 15 points below a month earlier to a reading of 99. The barometer’s sub-indices both declined from a month earlier, with the Current Condition Index at 83, down 18 points, and the Future Expectations Index at 106, down 14 points.

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