Ag Barometer: Sentiment improves despite concerns

All three broad-based measures of farmer sentiment improved in July. The Purdue University-CME Group Ag Economy Barometer Index rose 8 points to 113. At the same time, the Index of Current Conditions increased by 10 points to 100, and the Index of Future Expectations at 119 was 7 points higher than a month earlier.July’s sentiment improvement occurred even though prices for both corn and soybeans declined from the time survey responses were collected in June to July, according to a univers