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Ag Economy Barometer drops 20 points in May 2021

Jun 15, 2021 to Jun 17, 2021 The potential for rising input prices and changing taxes pushed the Purdue University/CME Group Ag Economy Barometer down 20 points in May. The reading of 158 is the lowest survey reading since September 2020. Producers were less optimistic about both current conditions and the future of the agricultural economy. The Index of Current Conditions dropped 17 points to a reading of 178, and the Index of Future Expectations fell 20 points to a reading of 149. The Ag Ec...
James Mintert Purdue University Group Ag Economy Barometer Purdue University Center Current Conditions Future Expectations

Purdue University/CME Group Ag Economy Barometer Declines Sharply; Producers Remain Bullish On Farmland Values

Purdue University/CME Group Ag Economy Barometer Declines Sharply; Producers Remain Bullish On Farmland Values Date The  Purdue University/CME Group Ag Economy Barometer saw a significant decline in May, down 20 points to a reading of 158. This marks the lowest reading for the survey since September of 2020. Producers were less optimistic about both current conditions and the future of the agricultural economy. The  Index of Current Conditions dropped 17 points to a reading of 178 and ...
James Mintert Purdue University Group Ag Economy Barometer Purdue Center Current Conditions Future Expectations

Gold & Silver Wait Their Turn to Ride the Inflationary Wave :: The Market Oracle ::

As President Joe Biden pushed massive new spending initiatives in his address before Congress, investors shrugged off rising inflation risk. They pushed the S&P 500 up to a new record close on Thursday. Gold, meanwhile, continues to be capped under the $1,800 level – at least for the time being.  Silver shows a slight weekly gain and trades a little over $26 per ounce. As trading closes out for the month of April, precious metals bulls will be hoping for a more fruitful May. Although...
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Rachel May, a different kind of upstate Democrat

Cindy Schultz State Sen. Rachel May never planned to run for office, and when she finally did, she didn’t expect to win. The Syracuse resident spent her entire career in higher education, while dabbling in progressive political activism. But she decided to challenge seven-term incumbent state Sen. David Valesky in 2018 because he belonged to the Independent Democratic Conference, a group of Democrats that caucused with Republicans. Despite a deal that reunified the IDC with the mainline Demo...
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