Future Expectations

Farmer sentiment changed very little in December. The Purdue University-CME Group Ag Economy Barometer recorded a reading of 114, just one point lower than a month earlier.

County fairgrounds face a cash crunch, as the pandemic forces ongoing cancellations of events. A number of county fair boards have already voted to cancel their 2021 fairs.

Even with China anchoring dairy export totals, the total value of U.S. dairy exports was up 6% in May, reaching the highest level in four years at $539.1 million.

Ag Economy Barometer from the University of Purdue shows that farmer are concern about the ag economy with sentiment falling sharply 26 points in July.