The barometer is based on a mid-month survey of 400 agricultural producers across the U.S. and was conducted between August 12 and August 20, 2019, with nearly all of the responses collected following USDA’s release of the August 12 Crop Production report. Farmers’ expectations for both current and future economic conditions also took a tumble. “Sharp declines in most commodity prices during July and early August weighed heavily on farmer sentiment this month,” said James Mintert, the barometer’s principal investigator and director of Purdue University’s Center for Commercial Agriculture.

source https://finance.yahoo.com/news/ag-barometer-declines-sharply-commodity-133000774.html?.tsrc=rss