The Purdue University/CME Group Ag Economy Barometer fell to a reading of 114 in September, fifteen points below its August reading of 129 and its lowest reading since October 2016. September marked the second large decline in the barometer this summer, as it also declined precipitously in July. The barometer, a sentiment index based upon a nationwide monthly survey of 400 U.S. agricultural producers, has been unusually volatile in recent months.
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