Source: MORNING AG CLIPS, 3/4/20

Producers’ perception of improved current conditions in the agricultural economy pushed the Purdue University/CME Group Ag Economy Barometer to all-time record highs. The barometer rose to 168 in February, an increase of one point from January, and was up 18 points since December. Optimism about current conditions pushes farmer sentiment index to all-time high. (Purdue/CME Group Ag Economy Barometer/James Mintert) This month’s increase was attributable to an improvement in the Index of Current Conditions, which rose 12 points from January to a reading of 154. Meanwhile, the Index...

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