Farmer confidence continues to fall, though farmers surveyed in August said they are less pessimistic about the future. Livestock producers also posted the lowest confidence rating in the history of the index, a sign low cattle and milk prices are offsetting benefits of lower feed costs.

Farmers surveyed logged the lowest score in the seven-year history of the DTN/The Progressive Farmer Agriculture Confidence Index. (DTN graphic by Nick Scalise)
Farmers surveyed logged the lowest score in the seven-year history of the DTN/The Progressive Farmer Agriculture Confidence Index. (DTN graphic by Nick Scalise)