Producers are less confident in the future growth of U.S. agricultural exports, according to the latest Purdue University/CME Group Ag Economy Barometer.
Purdue’s Jim Mintert says the monthly national survey has routinely asked producers about expectations for ag exports since 2019.
“If you go back three years, roughly 72 percent of the people in the survey said they thought ag exports would increase in the next five years. The percentage of people who are optimistic about ag exports has been declining almost continuously since then.
