(AGENPARL) - Roma, 6 Giugno 2023(AGENPARL) – WEST LAFAYETTE (U.S.) mar 06 giugno 2023 Producer sentiment fell to its weakest reading since July 2022 as the Purdue University/CME Group Ag Economy Barometer declined 19 points to a reading of 104 in May. The Index of Future Expectations was down 22 points to a reading of 98 in May, while the Index of Current Conditions was down 13 points to a reading of 116. This month’s lower sentiment was fueled by drops in both of the barometer’s sub-indices and likely triggered by weakened crop prices. In mid-May, Eastern Corn Belt fall delivery bids for corn fell over $0.50/bushel (10%), and soybean bids declined over $1.00/bushel (8%), while new crop June/July delivery wheat bids declined nearly $0.50/bushel (8%), all compared to bids available in mid-April, when last month’s barometer survey was conducted. The Ag Economy Barometer is calculated each month from 400 U.S. agricultural producers’ responses to a telephone survey. This month’s survey was conducted between May 15-19.
Fonte/Source: http://www.purdue.edu/newsroom/releases/2023/Q2/farmer-sentiment-sours-as-crop-prices-decline.html
