Coronavirus pummels farmer confidence for second month
A majority of large farmers and ranchers expect worse financial performance on their farms this year than in 2019, nearly twice as many as before the coronavirus became pandemic and mitigation efforts sparked an economic slowdown, said a Purdue University poll released on Tuesday. Purdue's Ag Economy barometer, a monthly gauge of farmer confidence, fell sharply for the second month in a row, to its lowest reading since October 2016.(No paywall)