Contact Us to learn more about our services.
The Purdue/CME Group Ag Economy Barometer fell to 125 in April, which was 10 points lower than a month earlier and 15 points below its February reading (Figure 1). The sharp drop in the ag producer sentiment index, which is based upon a monthly a survey of 400 agricultural producers from across the U.S., was…
While agriculture is one of the oldest technologies known to man, that hasn’t stopped farm technology from changing every year. From robots to Big Data computer models, new innovations are coming out all the time. As farmers ourselves, we enjoy seeing the latest innovations in agriculture that make life easier, crops healthier, or are just…
Farmers worried about losing ag exports By Other News – April 3, 2018 WEST LAFAYETTE, Ind. — The Purdue/CME Group Ag Economy Barometer fell five points in March to 135 as concerns and uncertainty surrounding agricultural exports continued. The 5-point decline in sentiment comes as a result of producers’ less-optimistic perceptions of both current conditions and future…
Producers are more optimistic about their current financial situation according to the latest Purdue/CME Group Ag Economy Barometer. Jim Mintert, the director of Purdue University’s Center for Commercial Ag, says increased yields are a factor. “In fact, on the soybean side, if you compare it to the three-year average it’s the most positive yield environment…
Know your true cost of production with accrual accounting Is tax season the only time you know the full cost and revenue of your business? Many agricultural businesses use outdated and inaccurate accounting strategies that don’t give them the full picture of their financial health throughout the year – we’re here to make sure yours…
Ag Producer Sentiment Turns Higher; Many Expect Lower Taxes By Hoosier Ag Today After trending lower in late 2017, the Purdue/CME Group Ag Economy Barometer turned higher in January. The monthly survey of 400 agricultural producers from across the U.S. indicated that the measure of producer sentiment climbed to 135 points at the beginning of 2018,…
As the saying goes, good help is hard to find, and no where is this more true than the modern agriculture industry. The USDA College Graduate Employment Report found 39% of open agricultural jobs can’t be filled by graduating students. That means business owners and managers need to sharpen their skills at attracting and keeping…
January 2018 Results Released from Purdue University The Purdue University/CME Group Ag Economy Barometer is a nationwide measure of the health of the U.S. agricultural economy. On the first Tuesday of each month, the Ag Economy Barometer provides a sense of the agricultural economy’s health with an index value. The index is based on a…
For many agricultural businesses, winter is a time for catching up from the last growing season and preparing for the next. Start the new year off right with these five steps that will help make 2018 your best year yet: Get your taxes done Don’t put your taxes off till the last minute. With new…
At the end of this article, written by Amy Sites in the Brownfield Ag News, an audio interview is shared. FARMERS OPTIMISTIC ABOUT CURRENT CONDITIONS, PESSIMISTIC ABOUT FUTURE An ag economist says a paradox has developed in producer sentiment as farmers are optimistic about current conditions but pessimistic about future expectations. David Widmar says the…
