Farmer sentiment continues to weaken. The Purdue University/CME Group Ag Economy Barometer declined again in July, falling to 135, an 11-point month-over-month decline.

The July Current Conditions Index dropped 17 points to 127, while the Future Expectations Index posted a smaller decline of 7 points to 139.

Input Costs Remain The Top Concern

Purdue University’s James Mintert said when asked about their biggest concerns for their farming operation producers noted, despite the weakness in crop prices, high input cost remains the top concern among producers chosen by 39% of respondents in July’s survey. The 2 nd place concern, lower crop and livestock prices, selected by 29% of respondents.

“When we asked a similar or related question, what's the biggest challenge to th

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