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After 3 Months of Decline, Farmer Sentiment Rebounds in July
After three consecutive months of decline, farmer sentiment rebounded as the Purdue University/CME Group Ag Economy Barometer reported an increase of 13 points in July to 126. The Current Conditions Index increased 20 points to 122, while the Future Expectations Index rose 11 points to 129. High input costs remained producers' top concern, with 46% identifying them as the biggest challenge facing their operation. When asked about the biggest challenge to success over the next five to 10 years, 30% of respondents cited crop or livestock prices. The survey...