Source: Greg D. Horstmeier, PROGRESSIVE FARMER, 8/31/21

U.S. farmers' optimism is tempering as fall harvest approaches, though according to the latest DTN/The Progressive Farmer Agriculture Confidence Index, they are in a much better state of mind than ahead of the 2020 harvest. The overall Agriculture Confidence Index is 116.6, down 7.3 points from spring but up 22.3 points from a year ago. The big reason for the decrease since spring appears to be concerns about keeping costs in line with static profits.

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