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Farmer Sentiment Falls to Lowest Level Since 2016

Producer confidence in the financial health of the farm sector dropped significantly in September, reaching its lowest level since March 2016. Long-term pessimism has deepened, with concerns over agricultural exports at their lowest since 2019. The farm financial performance index also declined, signaling worries about a margin squeeze, as input costs and low commodity prices remain top concerns for producers. While these concerns are prevalent in the crop sector, livestock producers, particularly in the beef industry, appear less affected.