farm income

Ag Economy Index Sharply Lower on Farm Income Concerns

Dan Economy, Industry News Release

Concerns over weak farm income forced a sharp decline in the monthly Purdue University/CME Group Ag Economy Barometer. The index dropped to a reading of 114, 15 points below its August reading of 129 and its lowest reading since October 2016. Organizers say the barometer, a sentiment index based upon a nationwide monthly survey of 400 U.S. agricultural producers, has …

ag economy

Ag Economy Barometer improves in August

Dan Economy, Industry News Release

The Ag Economy Barometer rebounded in August to a reading of 129 after falling to 117 in July. However, producer sentiment remains well below its late spring readings of 141 in May and 143 in June. Organizers say the shift occurred primarily because producer’s perception of current conditions improved as the Index of Current Conditions increased to a reading of …

july

Producer Sentiment Plummets in July

Dan Economy, Industry News Release

Concerns over agricultural trade weighed heavily on producers’ current and future expectations of the agricultural economy. As a result, the Purdue/CME Group Ag Economy Barometer tumbled in July, dropping 26 points to a reading of 117. To paint a further bleak picture, the Index of Current Conditions fell from 138 in June down to 99, while the Index of Future …