U.S. Farmer Sentiment Erodes Further in June

Farmer sentiment declined again in June, as producers became less optimistic about both current conditions and the year ahead, according to the latest Purdue University-CME Group Ag Economy Barometer on Tuesday. The barometer fell to 113 points in June, down from 119 in May. Both major components of the index weakened, with the Index of Current Conditions dropping five points and the Index of Future Expectations falling seven points. The current conditions measure was 26 points below its Decembe