Source: SOUTHERN FARM NETWORK, 8/7/19


The Purdue University/CME Group Ag Economy Barometer reading jumped to 153 in July, up 27 points from June, and up 52 points from May, but a decline is expected when the August report comes out. While the Market Facilitation Program payments are a positive to farmers, this week’s announcement that China will stop all purchases of U.S. ag products is a significant market loss.

For more of this story, click here.