{"id":390787,"date":"2020-12-01T09:33:34","date_gmt":"2020-12-01T14:33:34","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=390787"},"modified":"2020-12-01T09:33:34","modified_gmt":"2020-12-01T14:33:34","slug":"farmer-sentiment-pulls-back-post-election-regulation-trade-and-taxes-rated-as-top-concerns","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/farmer-sentiment-pulls-back-post-election-regulation-trade-and-taxes-rated-as-top-concerns\/","title":{"rendered":"Farmer sentiment pulls back post-election: regulation, trade, and taxes rated as top concerns"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">WEST LAFAYETTE, Ind.<\/span> and <span class=\"xn-location\">CHICAGO<\/span>, <span class=\"xn-chron\">Dec. 1, 2020<\/span> \/PRNewswire\/ &#8212;\u00a0The <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2996346-1&amp;h=778626040&amp;u=https%3A%2F%2Fag.purdue.edu%2Fcommercialag%2Fageconomybarometer%2F&amp;a=Purdue+University%2FCME+Group+Ag+Economy+Barometer\" rel=\"nofollow noopener noreferrer\"><span class=\"xn-org\">Purdue University<\/span>\/CME Group Ag Economy Barometer<\/a> dropped 16 points to a reading of 167 in November, down from its all-time high set just one month ago. The decrease in sentiment was led by farmers&#8217; more pessimistic view towards the future of the agricultural economy with the <i>Index of Future Expectations<\/i> falling 30 points to a reading of 156 in November. The on-going rally in commodity prices and CFAP-2 payments continued to support producers&#8217; view of current economic conditions as the <i>Index of<\/i><i>Current Conditions<\/i> rose 9 points in November to 187, an all-time high for the index. <\/p>\n<p>The <i>Ag Economy Barometer<\/i> is calculated each month from 400 U.S. agricultural producers&#8217; responses to a telephone survey. This month&#8217;s survey was conducted after the election from <span class=\"xn-chron\">November 9-13, 2020<\/span>.<\/p>\n<p>&#8220;Producers were more pessimistic about future economic conditions on their farms in November than they were just a month earlier,&#8221; said <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2996346-1&amp;h=4216674179&amp;u=https%3A%2F%2Fag.purdue.edu%2Fcommercialag%2Fageconomybarometer%2Fteam%2Fjim-mintert%2F&amp;a=James+Mintert\" rel=\"nofollow noopener noreferrer\"><span class=\"xn-person\">James Mintert<\/span><\/a>, the barometer&#8217;s principal investigator and director of <span class=\"xn-org\">Purdue University&#8217;s<\/span> Center for Commercial Agriculture. &#8220;This is the opposite of what happened following the <span class=\"xn-chron\">November 2016<\/span> election. That year producers became much more optimistic about the future following the election and, in turn, that optimism about the future helped drive the Ag Economy Barometer up sharply in late 2016 and early 2017.&#8221;<\/p>\n<p>To learn more about what factors might be motivating the shift in producers&#8217; sentiment pre- and post-November election, a series of questions focused on producers&#8217; future expectations for environmental regulations, taxes and other key aspects of the agricultural economy, were included on both the October and November surveys. Comparing results from October to November, far more producers in November said they expect to see: 1) environmental regulations impacting agriculture to tighten over the next five years; 2) higher income tax rates for farms and ranches; 3) higher estate tax rates for farms and ranches; 4) less government support for the U.S. ethanol industry and 5) a weaker farm income safety net provided by U.S. government program policies. For a complete breakdown of the results, view the full <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2996346-1&amp;h=2964524216&amp;u=https%3A%2F%2Fag.purdue.edu%2Fcommercialag%2Fageconomybarometer%2Ffarmer-sentiment-pulls-back-p%255b%E2%80%A6%255dost-election-regulation-trade-and-taxes-rated-as-top-concerns%2F&amp;a=November+Ag+Economy+Barometer+report\" rel=\"nofollow noopener noreferrer\">November Ag Economy Barometer report<\/a>.<\/p>\n<p>Since the summer of 2019, <span class=\"xn-org\">Purdue<\/span> researchers have been tracing producers&#8217; perceptions regarding the ongoing trade dispute between the U.S. and China\u00ad\u2013specifically, whether they think the dispute will be resolved soon and the outcome will ultimately benefit U.S. agriculture. In January and February of this year, 80 percent of survey respondents said they expected to see the trade dispute with <span class=\"xn-location\">China<\/span> be resolved in a way that benefits U.S. agriculture. However, on the November survey, the percentage of farmers expecting a favorable outcome for U.S. agriculture declined to 50 percent, the lowest percentage recorded since the question was first included on a barometer survey. In a related question, only 44 percent of respondents to the November survey said they think it&#8217;s likely that <span class=\"xn-location\">China<\/span> will fulfill the Phase One Trade Agreement requirements, down from 59 percent a month earlier.<\/p>\n<p>Read the full Ag Economy Barometer report at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2996346-1&amp;h=3755075646&amp;u=https%3A%2F%2Fpurdue.ag%2Fagbarometer&amp;a=https%3A%2F%2Fpurdue.ag%2Fagbarometer\" rel=\"nofollow noopener noreferrer\">https:\/\/purdue.ag\/agbarometer<\/a>. This month&#8217;s report also asked farmers about their intentions on making large investments in their farming operations as well as their expectations for farmland values in the next 12-months and five-years. The site also offers additional resources \u2013 such as past reports, charts and survey methodology \u2013 and a form to sign up for monthly barometer email updates and webinars. <\/p>\n<p>Each month, the Purdue Center for Commercial Agriculture provides a short video analysis of the barometer results, available at\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2996346-1&amp;h=3423916114&amp;u=https%3A%2F%2Fpurdue.ag%2Fbarometervideo&amp;a=https%3A%2F%2Fpurdue.ag%2Fbarometervideo\" rel=\"nofollow noopener noreferrer\">https:\/\/purdue.ag\/barometervideo<\/a>, and for even more information, check out the\u00a0<i>Purdue Commercial AgCast<\/i>\u00a0podcast. It includes a detailed breakdown of each month&#8217;s barometer, in addition to a discussion of recent agricultural news that impacts farmers. Available now at\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2996346-1&amp;h=1195911315&amp;u=https%3A%2F%2Fpurdue.ag%2Fagcast&amp;a=https%3A%2F%2Fpurdue.ag%2Fagcast\" rel=\"nofollow noopener noreferrer\">https:\/\/purdue.ag\/agcast<\/a>.<\/p>\n<p>The Ag Economy Barometer, Index of Current Conditions and Index of Future Expectations are available on the Bloomberg Terminal under the following ticker symbols: AGECBARO, AGECCURC and AGECFTEX.<\/p>\n<p>About the <span class=\"xn-org\">Purdue University<\/span> Center for Commercial Agriculture<\/p>\n<p>The <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2996346-1&amp;h=3383306048&amp;u=https%3A%2F%2Fag.purdue.edu%2Fcommercialag%2FPages%2Fdefault.aspx&amp;a=Center+for+Commercial+Agriculture\" rel=\"nofollow noopener noreferrer\">Center for Commercial Agriculture<\/a> was founded in 2011 to provide professional development and educational programs for farmers. Housed within <span class=\"xn-org\">Purdue University&#8217;s<\/span> Department of Agricultural Economics, the center&#8217;s faculty and staff develop and execute research and educational programs that address the different needs of managing in today&#8217;s business environment.<\/p>\n<p>\n        <b>About CME Group<br \/><\/b>As the world&#8217;s leading and most diverse derivatives marketplace, CME Group (<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2996346-1&amp;h=1153109054&amp;u=http%3A%2F%2Fwww.cmegroup.com%2F&amp;a=www.cmegroup.com\" rel=\"nofollow noopener noreferrer\">www.cmegroup.com<\/a>) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data \u2013 empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2996346-1&amp;h=3968575721&amp;u=http%3A%2F%2Fwww.cmegroup.com%2Ftrading%2Finterest-rates%2Findex.html&amp;a=interest+rates\" rel=\"nofollow noopener noreferrer\">interest rates<\/a>,\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2996346-1&amp;h=3329422575&amp;u=http%3A%2F%2Fwww.cmegroup.com%2Ftrading%2Fequity-index%2Findex.html&amp;a=equity+indexes\" rel=\"nofollow noopener noreferrer\">equity indexes<\/a>,\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2996346-1&amp;h=2225979664&amp;u=http%3A%2F%2Fwww.cmegroup.com%2Ftrading%2Ffx%2F&amp;a=foreign+exchange\" rel=\"nofollow noopener noreferrer\">foreign exchange<\/a>,\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2996346-1&amp;h=359732257&amp;u=http%3A%2F%2Fwww.cmegroup.com%2Ftrading%2Fenergy%2F&amp;a=energy\" rel=\"nofollow noopener noreferrer\">energy<\/a>,\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2996346-1&amp;h=2490334251&amp;u=http%3A%2F%2Fwww.cmegroup.com%2Ftrading%2Fagricultural%2F&amp;a=agricultural+products\" rel=\"nofollow noopener noreferrer\">agricultural products<\/a>\u00a0and\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2996346-1&amp;h=1316259954&amp;u=http%3A%2F%2Fwww.cmegroup.com%2Ftrading%2Fmetals%2F&amp;a=metals\" rel=\"nofollow noopener noreferrer\">metals<\/a>.\u00a0 The company offers futures and options on futures trading through the <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2996346-1&amp;h=582139424&amp;u=http%3A%2F%2Fwww.cmegroup.com%2Fglobex%2Findex.html&amp;a=CME+Globex\" rel=\"nofollow noopener noreferrer\">CME Globex<\/a>\u00ae platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates one of the world&#8217;s leading central counterparty clearing providers, CME Clearing. With a range of pre- and post-trade products and services underpinning the entire lifecycle of a trade, CME Group also offers optimization and reconciliation services through TriOptima, and trade processing services through Traiana.<\/p>\n<p>CME Group, the Globe logo, CME, Chicago Mercantile Exchange, Globex, and E-mini are trademarks of Chicago Mercantile Exchange Inc.\u00a0CBOT and <span class=\"xn-location\">Chicago<\/span> Board of Trade are trademarks of Board of Trade of the <span class=\"xn-location\">City of Chicago<\/span>, Inc.\u00a0NYMEX, New York Mercantile Exchange and ClearPort are trademarks of New York Mercantile Exchange, Inc.\u00a0COMEX is a trademark of Commodity Exchange, Inc. BrokerTec, EBS, TriOptima, and Traiana are trademarks of BrokerTec Europe LTD, EBS Group LTD, TriOptima AB, and Traiana, Inc., respectively.\u00a0Dow Jones, Dow Jones Industrial Average, S&amp;P 500, and S&amp;P are service and\/or trademarks of Dow Jones Trademark Holdings LLC, Standard &amp; Poor&#8217;s Financial Services LLC and S&amp;P\/Dow Jones Indices LLC, as the case may be, and have been licensed for use by Chicago Mercantile Exchange Inc.\u00a0All other trademarks are the property of their respective owners.\u00a0<\/p>\n<p>Writer: <span class=\"xn-person\">Kami Goodwin<\/span>, 765-494-6999, <a target=\"_blank\" href=\"mailto:kami@purdue.edu\" rel=\"nofollow noopener noreferrer\">kami@purdue.edu<\/a>\u00a0\u00a0<br \/>Source: <span class=\"xn-person\">James Mintert<\/span>, 765-494-7004, <a target=\"_blank\" href=\"mailto:jmintert@purdue.edu\" rel=\"nofollow noopener noreferrer\">jmintert@purdue.edu<\/a><\/p>\n<p>Related websites:<br \/><span class=\"xn-org\">Purdue University<\/span> Center for Commercial Agriculture: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2996346-1&amp;h=3806852818&amp;u=http%3A%2F%2Fpurdue.edu%2Fcommercialag&amp;a=http%3A%2F%2Fpurdue.edu%2Fcommercialag\" rel=\"nofollow noopener noreferrer\">http:\/\/purdue.edu\/commercialag<\/a>\u00a0<br \/>CME Group: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2996346-1&amp;h=2016951568&amp;u=http%3A%2F%2Fwww.cmegroup.com%2F&amp;a=http%3A%2F%2Fwww.cmegroup.com%2F\" rel=\"nofollow noopener noreferrer\">http:\/\/www.cmegroup.com\/<\/a><\/p>\n<p>Photo Caption 1:\u00a0Farmer sentiment pulls back post-election: regulation, trade, and taxes rated as top concerns. (<span class=\"xn-org\">Purdue<\/span>\/CME Group Ag Economy\u00a0Barometer\/<span class=\"xn-person\">James Mintert<\/span>) <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2996346-1&amp;h=2885799594&amp;u=https%3A%2F%2Fwww.purdue.edu%2Funs%2Fimages%2F2020%2FAgEconomyBarometer_Nov2020_1LO.jpg&amp;a=https%3A%2F%2Fwww.purdue.edu%2Funs%2Fimages%2F2020%2FAgEconomyBarometer_Nov2020_1LO.jpg\" rel=\"nofollow noopener noreferrer\">https:\/\/www.purdue.edu\/uns\/images\/2020\/AgEconomyBarometer_Nov2020_1LO.jpg<\/a><\/p>\n<p>Photo Caption 2:\u00a0Farmer expectations regarding changes in policies affecting U.S. Agriculture in the next 5 years, October vs. <span class=\"xn-chron\">November 2020<\/span>. (<span class=\"xn-org\">Purdue<\/span>\/CME Group Ag Economy\u00a0Barometer\/<span class=\"xn-person\">James Mintert<\/span>)\u00a0 <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2996346-1&amp;h=2494369841&amp;u=https%3A%2F%2Fwww.purdue.edu%2Funs%2Fimages%2F2020%2FAgEconomyBarometer_Nov2020_2LO.jpg&amp;a=https%3A%2F%2Fwww.purdue.edu%2Funs%2Fimages%2F2020%2FAgEconomyBarometer_Nov2020_2LO.jpg\" rel=\"nofollow noopener noreferrer\">https:\/\/www.purdue.edu\/uns\/images\/2020\/AgEconomyBarometer_Nov2020_2LO.jpg<\/a><\/p>\n<p>CME-G<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=AQ06811&amp;sd=2020-12-01\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/farmer-sentiment-pulls-back-post-election-regulation-trade-and-taxes-rated-as-top-concerns-301182684.html\">http:\/\/www.prnewswire.com\/news-releases\/farmer-sentiment-pulls-back-post-election-regulation-trade-and-taxes-rated-as-top-concerns-301182684.html<\/a><\/p>\n<p>SOURCE  CME Group<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=AQ06811&amp;Transmission_Id=202012010930PR_NEWS_USPR_____AQ06811&amp;DateId=20201201\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire WEST LAFAYETTE, Ind. and CHICAGO, Dec. 1, 2020 \/PRNewswire\/ &#8212;\u00a0The Purdue University\/CME Group Ag Economy Barometer dropped 16 points to a reading of 167 in November, down from its all-time high set just one month ago. The decrease in sentiment was led by farmers&#8217; more pessimistic view towards the future of the agricultural economy with the Index of Future Expectations falling 30 points to a reading of 156 in November. The on-going rally in commodity prices and CFAP-2 payments continued to support producers&#8217; view of current economic conditions as the Index ofCurrent Conditions rose 9 points in November to 187, an all-time high for the index. The Ag Economy Barometer is calculated each month from 400 U.S. agricultural &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/farmer-sentiment-pulls-back-post-election-regulation-trade-and-taxes-rated-as-top-concerns\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Farmer sentiment pulls back post-election: regulation, trade, and taxes rated as top concerns&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-390787","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Farmer sentiment pulls back post-election: regulation, trade, and taxes rated as top concerns - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/farmer-sentiment-pulls-back-post-election-regulation-trade-and-taxes-rated-as-top-concerns\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Farmer sentiment pulls back post-election: regulation, trade, and taxes rated as top concerns - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire WEST LAFAYETTE, Ind. and CHICAGO, Dec. 1, 2020 \/PRNewswire\/ &#8212;\u00a0The Purdue University\/CME Group Ag Economy Barometer dropped 16 points to a reading of 167 in November, down from its all-time high set just one month ago. The decrease in sentiment was led by farmers&#8217; more pessimistic view towards the future of the agricultural economy with the Index of Future Expectations falling 30 points to a reading of 156 in November. The on-going rally in commodity prices and CFAP-2 payments continued to support producers&#8217; view of current economic conditions as the Index ofCurrent Conditions rose 9 points in November to 187, an all-time high for the index. The Ag Economy Barometer is calculated each month from 400 U.S. agricultural &hellip; Continue reading &quot;Farmer sentiment pulls back post-election: regulation, trade, and taxes rated as top concerns&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/farmer-sentiment-pulls-back-post-election-regulation-trade-and-taxes-rated-as-top-concerns\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-01T14:33:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=AQ06811&amp;sd=2020-12-01\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/farmer-sentiment-pulls-back-post-election-regulation-trade-and-taxes-rated-as-top-concerns\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/farmer-sentiment-pulls-back-post-election-regulation-trade-and-taxes-rated-as-top-concerns\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Farmer sentiment pulls back post-election: regulation, trade, and taxes rated as top concerns\",\"datePublished\":\"2020-12-01T14:33:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/farmer-sentiment-pulls-back-post-election-regulation-trade-and-taxes-rated-as-top-concerns\\\/\"},\"wordCount\":1119,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/farmer-sentiment-pulls-back-post-election-regulation-trade-and-taxes-rated-as-top-concerns\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=AQ06811&amp;sd=2020-12-01\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/farmer-sentiment-pulls-back-post-election-regulation-trade-and-taxes-rated-as-top-concerns\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/farmer-sentiment-pulls-back-post-election-regulation-trade-and-taxes-rated-as-top-concerns\\\/\",\"name\":\"Farmer sentiment pulls back post-election: regulation, trade, and taxes rated as top concerns - 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The decrease in sentiment was led by farmers&#8217; more pessimistic view towards the future of the agricultural economy with the Index of Future Expectations falling 30 points to a reading of 156 in November. The on-going rally in commodity prices and CFAP-2 payments continued to support producers&#8217; view of current economic conditions as the Index ofCurrent Conditions rose 9 points in November to 187, an all-time high for the index. 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