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Rising costs grip ag economy — Breaking point

Rising costs grip

There is a growing concern about the economics of operating the farm right now. The Purdue University-CME Group Ag Economy Barometer fell 12 points, from 135 in August to 123 in September.

And input costs are playing a huge role in that angst. The Index of Current Conditions fell 18 points — a very large drop for that index, compared with a 9-point decline in the Index of Future Expectations.

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