An ag economist says a paradox has developed in producer sentiment as farmers are optimistic about current conditions but pessimistic about future expectations.
David Widmar says the Purdue University/CME Group Ag Economy Barometer’s index of future expectations fell to 120, the lowest it’s been since October 2016.
“Three out of 10 producers are worried, or thinking, or planning that in December 2018 there family farm operation might be in a worse situation than it is today,” he says.
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