Ag Economy Barometer

According to the Ag Barometer, 48 percent of respondents said they expect a decline in interest rates in the next year, up from 35 percent in December.

The Ag Economy Barometer index rose four points as producers expressed slight optimism about current and future prospects on their farms.

The Ag Economy Barometer index fell nine points as producers expressed concern about their current and future prospects of their farms.

Delivery bids for corn fell 10 percent in the last few months, while wheat and soybean bids fell 8 percent.

American farmers are less confident about current and future conditions than they were a month ago, according to the September Ag Economy Barometer report.