U.S. farmers have a more positive view of their farm financial situation than they did earlier this summer. That’s according the August Purdue University/CME Group Ag Economy Barometer. Despite the decline in wheat, soybean and corn prices, yield prospects stabilized or improved for farmers in August, with rains falling in drought-stricken areas. Farmers are also expecting a rise in farm input costs. In the August survey, 39 percent said they anticipate prices to increase eight percent or more in the next 12-months.
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