Farmer sentiment rebounds on more optimistic view of future
The upswing in sentiment was driven by producers' more optimistic view of the future; however, their perception of current conditions remained unchanged from May.
- The upswing in sentiment was driven by producers' more optimistic view of the future; however, their perception of current conditions remained unchanged from May.
- "This month four out of ten producers stated that their financial situation has deteriorated compared to a year ago."
- To better understand the large month-to-month swing in producers' expectations for the future, responses between the May and June surveys were compared.
- Producers improved perspective on the future was not focused solely on their own farms, but extended to all of U.S. agriculture.