Wednesday, May 8, 2024

Farmers’ mood monitor plunged in April


 

Farmers were in a foul mood when Purdue University took its monthly survey of farm sentiments.

It lost 15 points to sit at 84, the lowest since June 2022.

Concerns about their farms’ current financial situation and expectations for weak financial performance in the year ahead were the driving forces behind the fall-off in farmer sentiment.