Lower livestock prices darken expectations in farm country

Crop and livestock producers are less optimistic about the economic outlook for the farm sector, according to the Ag Economy Barometer sponsored by Purdue and the CME Group. The chief reason was a decline in cattle prices during May, said Purdue economist Jim Mintert. “In May, just 36 percent of producers surveyed expected widespread good times… » Read More

The Ag Insider content is only available to members.