Ag Economy Barometer Declines in December

The Purdue University/CME Group Ag Economy Barometer declined moderately in December to 127, seven points below the index’s value one month earlier. The Barometer is a monthly nationwide measure of the health of the U.S. agricultural economy. A rating below 100 is negative, while a rating above 100 indicates positive sentiment regarding the agriculture industry. The December 2018 barometer was …

Ag Economy Expectations Sliding

Future expectations for the agriculture economy turned lower in the latest monthly Ag Economy Barometer by CME Group and Purdue University. Released Tuesday, the September reading of 132 was unchanged compared to August. However, the barometer’s two sub-indices, the Index of Current Conditions and Index of Future Expectations, did shift in opposite directions. The Current Conditions Index rose to 135, …