Ag Barometer holds steady, but farmers concerned about farm bill delay

Farmers more optimistic that current trade disputes will not hurt long-run growth prospects for U.S. ag exports. Agricultural producer optimism held steady in November, although concern surrounds the lack of a farm bill, results from the latest Purdue University/CME Group Ag Economy Barometer showed. The November barometer reading, which utilizes a survey of 400 agricultural…

Ag Barometer Hits 16 Month High

Purdue/CME Group Ag Economy Barometer Shows Significant Rise in Producer Sentiment Agricultural producer sentiment rose last month to its highest level since January 2017, as producers expressed an improved view of current conditions and future expectations of the U.S. agricultural economy, according to the Purdue University/CME Group Ag Economy Barometer. The May barometer reading of 141 was…

The Agricultural Innovations To Watch In 2018

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…

According To Ag Barometer Lower Taxes Are Possible

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,…

Audio Overview From Ag Barometer Results

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…

FARMERS FEEL AG ECONOMY DETERIORATING

CURRENT ECONOMIC SENTIMENT BRIGHTER THAN FUTURE. U.S. farmers see the current state of the ag economy less of a concern than in the future. In its latest survey results Wednesday, for November, the Purdue University/CME Group Ag Economy Barometer shows that producers expressed lower sentiment toward the agricultural economy in November on the heels of fall harvest,…

October Leads Producers To Optimism

The Purdue University/CME Group Ag Economy Barometer landed at 135 in October, up three points from September. It represented the third-highest reading since data collection began two years ago. The improvement was driven by the Index of Future Expectations, which increased from 130 in September to 137 in October. The Index of Future Expectations is one of…

Future Expectations Turn Lower

The Purdue/CME Group Ag Economy Barometer September reading of 132 was unchanged compared to August. The monthly measure of agricultural producer sentiment – which is based on a monthly survey of 400 U.S. producers of corn, soybeans, wheat, cotton, beef cattle, dairy cattle, and hogs – has ranged between 130 and 139 over the last…

Are Ag Producers Financially Stronger?

U.S. ag producers feel financially stronger compared to 2016 Shared from: World Grain written: by Susan Reidy U.S. agricultural producers’ feel their operations’ financial positions are improved compared to a year ago, which has helped the Ag Economy Barometer hold steady for the past three months and remain well above levels recorded prior to November 2016….

Ag Barometer Surges in January

New administration and improved commodity prices boost producers’ mood The dramatic improvement in agricultural producers’ sentiment that started following the November election has continued into the new year, according to results from the newly released “Purdue/CME Group Ag Economy Barometer,” which showed that agricultural producer sentiment in January hit a record high for the second…