Producer sentiment continues to decline according the latest Purdue University/CME Group Ag Economy Barometer. The barometer fell 14 points to 101 in May, the lowest reading since October 2016. But Purdue University’s Jim Mintert says this month’s survey didn’t capture the extent of planting delays or reaction to the second round of trade mitigation payments. “That will be reflected on the current survey, the one we’re doing in June, but obviously the planting situation has deteriorated since that Mid-May survey as well,” he says.
Continue reading Producer sentiment drops to lowest score in two years at Brownfield Ag News.
