Below you'll find a list of all posts that have been tagged as “agriculture economy”
The Purdue/CME Group’s June survey shows producers are a little more optimistic about their financial position than they were last year. The shift is why the June index reading of 131 was unchanged from the May survey. The index has held steady for three straight months and remains well above the low levels of last November. The shift in producer …
Sonny Perdue made his first appearance before the House Agriculture Committee this week as Secretary of Agriculture. He says the current U.S. agricultural economy is in “ dire straits ” but that could be helped by a stronger trade presence abroad. Perdue says he sees challenges ahead as President Trump’s initial budget cuts the USDA allocation by 21 percent. “We’ve …
Agriculture Secretary Sonny Perdue will take part in a House Agriculture Committee hearing next week on the rural economy. The House Agriculture Committee will hold the hearing next Wednesday, May 17th. The hearing seeks testimony on how the rural and farm economy is holding up amid a downturn in farm income and commodity prices. House Agriculture Committee Chairman Mike Conaway …
Farmers, ranchers remain concerned on current conditions; optimistic about future Despite continued flat commodity prices, attitudes of U.S. farmers took a solid leap into positive territory, according to the most recent DTN/The Progressive Farmer (DTN/PF) Agricultural Confidence Index (ACI). The survey, which tracks farmer opinions of their current and future conditions, had an overall score of 130, a significant improvement …
The Ag Economy Barometer from Purdue University found confidence among farmers and ranchers slipped again last month. The Barometer slipped to 124 in March, marking the second month in a row that producer sentiment dropped below the prior month’s level. A rating below 100 is negative, while a rating above 100 indicates positive sentiment regarding the agriculture industry. Recent weakness …
The Ag Economy Barometer continues to show increased producer confidence following the November election. Organized by Purdue University and the CME Group, the monthly survey of 400 agricultural producers from across the U.S. reached 153 in January, 21 points higher than December’s survey and 61 points higher than in October. The increase marks the most positive recorded sentiment by producers …
