producer

Post-Harvest Slump in Ag Producer Sentiment

Dan Economy, Industry News Release

The Purdue/CME Group Ag Economy Barometer dropped 7 points in November, signaling a slump in U.S. agricultural producers’ confidence compared to a month earlier. At a reading of 128, the measure of producer optimism in November was the second weakest observed during 2017 and stood just 4 points above the 2017 low of 124, set in March (Figure 1). Based …

lower commodity

Lower Commodity Prices Dragging Farm Optimism

Dan Industry News Release

Lower commodity prices in August pushed farm economy optimism lower, according to the Purdue-CME Group Ag Economy Barometer released this week. The barometer drifted lower in August to 132 points, down seven points from July, but still stronger than the year ago level of 96. A reading over 100 indicates optimism regarding the farm economy, while a reading below indicates …