Source: Rhonda Garrison, SOUTHERN FARM NETWORK, 8/4/17



Tuesday’s sharp selloff in the grain and oilseed markets coincided with the release of the Purdue University/CME Group Ag Economy Barometer. Unlike the markets the barometer is up, and it moved up to 139 for July, the highest since January. The monthly barometer measures farmer sentiment about the agricultural economy, and Purdue’s David Widmar says the rise comes largely on expectations of a rally in prices in the future…

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