Farmer sentiment plunges

Farmer sentiment plunged in April as the Purdue University-CME Group Ag Economy Barometer decreased 15 points from 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 – a decrease of 18 points – and the Future Expectations Index at 106 – a decrease of 14 points.It was the weakest farmer-sentiment reading since June 2022 and the worst current-condition rating since May 2020. Concerns abo