august

August Ag Economy Barometer Drops 13 Points

Dan Economy

The August Purdue University/CME Group Ag Economy Barometer dropped 13 points from July to a reading of 100, echoing levels seen from fall 2015 to winter 2016 during the early stages of a significant downturn in the U.S. farm economy. The Index of Current Conditions dropped 17 points to 83, while the Index of Future Expectations decreased by 11 points to 108. …

financial

Slight Improvement in Farmer Sentiment

Dan Agri-Business, Economy

Farmer sentiment did see a slight improvement in July as the Purdue University/CME Group Ag Economy Barometer index rose 8 points to 113. The Index of Current Conditions was up 10 points to 100, and the Index of Future Expectations was 7 points higher than a month earlier.  The July survey showed that high input costs remained the biggest concern for 34% of …

Ag Economy Barometer Mostly Unchanged from April

Dan Agri-Business, Economy

The April Ag Economy Barometer was 178, virtually unchanged from a month earlier. Last month, the index stood at 177, and just five points below its all-time high of 183 set back in October. Compared to March, however, there was a small change in producers’ perspective on the ag economy as they became more optimistic about the future, while their …

Farmer Sentiment Improves in January

Dan Economy, Industry News Release

Farmers had more optimism about the agriculture economy in January than they had in previous months. However, that doesn’t mean they don’t have concerns. The Purdue University/CME Group Ag Economy Barometer says one of their biggest worries is farmland values. The January reading of 143 was a 16-point jump over December. The survey was the first opportunity to measure how …