FARM BUSINESS NEWS
Ag Confidence Index Results
Katie Micik DTN Markets Editor
Tue Jan 7, 2014 01:11 PM CST

OMAHA (DTN) -- Farmers feel less optimistic about the agriculture economy as lower crop prices collide with hefty input bills, according to the latest DTN/The Progressive Farmer Agriculture Confidence Index results.

The final Agriculture Confidence Index of 2013 came in at 105.5, a 3.6-point drop from last year. Farmers' assessments of their present situation, however, took an even sharper decline, reflecting farm incomes that have returned to more normal levels after several record-setting years.

A value of 100 is considered neutral with higher values indicating optimism and lower values reflecting pessimism. DTN surveyed 500 farmers and ranchers across the country ...

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