Tag Archive

Below you'll find a list of all posts that have been tagged as “Purdue University/CME Group”

July Ag Economy Barometer Increases

(NAFB) — The Purdue University/CME Group Ag Economy Barometer reading jumped to 153 in July, up 27 points from June, and up 52 points from May. However, it’s safe to expect a decline in the August report. While the Market Facilitation Program payments are a positive to farmers, this week’s announcement that China will stop all purchases of U.S. ag …

Farmers Are Becoming Less Optimistic About the Future

For the second-straight month, the Purdue University/CME Group Ag Economy Barometer dipped lower, coming in with an index of 126 in December. That number was the lowest since March of last year and the second-lowest of 2017. The decline is driven entirely by producers becoming less optimistic about the future. The Future Expectations Index was recently at 137 in October, …

Robotic Citrus Harvesting System Improved
A robotic citrus harvesting system designed to protect fresh-market fruit quality has shown promising results in orchard trials while using a simple cutting mechanism. The system uses a V-shaped guide to position each orange’s stem near the cutting blades. Instead of relying on extra motors to position the cutter, the robot moves its arm to […]
USDA To Purchase Fresh Oranges and Grapefruit
The U.S. Department of Agriculture (USDA) plans to purchase $10 million each of American-grown fresh oranges and grapefruit as part of up to $472.5 million in purchases of American agricultural commodities. The commodities will be distributed to the charitable food network and other nutrition assistance programs. This purchase announcement was made on Oct. 29. “The […]