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Source: FARM FUTURES, 10/3/18
The Purdue University/CME Group Ag Economy Barometer fell to its lowest reading since October 2016. The reading of 114 in September is 15 points below the August reading of 129. September marked the second large decline in the barometer this summer, as it also declined in July. The barometer, a sentiment index based upon a nationwide monthly survey of 400 U.S. agricultural producers, has been unusually volatile in recent months. For more of this story, click here.
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