WEST LAFAYETTE, INDIANA, US — US farmer sentiment in March reached the lowest reading since May 2020 during the early days of the pandemic, largely due to concerns over rising input costs caused by the war in Ukraine, according to the Purdue University/CME Group Ag Economy Barometer.
The barometer dropped to a reading of 113 in March, down 12 points from February and 36% lower than March 2021. The Ag Economy Barometer is calculated each month from 400 US agricultural producers’ ...
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