Producer sentiment improved again in June, but the Purdue University/CME Group Ag Economy Barometer is still well below where it was before the coronavirus pandemic.

The latest barometer rose 14 points to 117, 51 points below the February reading.

Jim Mintert, director of the Purdue Center for

Commercial Agriculture, says the planting season and coronavirus assistance

helped improve sentiment.

“Relative to last year, we had a much more normal spring planting season, coupled with the fact that by the time we did the survey in June the Coronavirus Food Assistance Program was available,” he says.

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