The undercurrent of concern expressed by producers in March became more pronounced in April as the trade dispute with key export customer China continued. For example, compared to February of this year, producers in April were more negative about future agricultural export prospects. In February 2018, when asked to look ahead 5 years, 13 percent of producers said they expected agricultural exports to decline. When the same question was posed in April, the share of producers expecting lower exports increased to 17 percent.
Wednesday, May 02, 2018
Farmers Feeling Blue
From an outlook post from Purdue: