Ag Economy Barometer

March Ag Economy Barometer Dips Lower

Dan Economy

The Purdue University CME Ag Economy Barometer dipped to a reading of 113 in March. That is the weakest farmer sentiment reading since May, 2020. The March reading went 12 points lower than a month earlier, and 36 percent lower than March, 2021. Compared to a year earlier, producers appraisal of current conditions was down 44 percent, while their expectrations …